News

BLC Launches Women Empowerment Initiative

Friday 13th April 2012

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BEIRUT: Despite women owning 30 percent of the country’s small and medium enterprises, in Lebanon only 3 percent of loans are granted to female entrepreneurs. BLC on March 20 is the first bank to launch their Women Empowerment (We) initiative aimed at bridging Lebanon’s persistent gender gap and ultimately to bring a boost to the country’s economy. The initiative will develop a host of new banking products and financial services tailor-made to help small businesses owned by women and will feature a website showcasing experiences from leading businesswomen, online modules and networking platforms.

The website can be accessed at http://www.we-initiative.com/