Bank Audi
In allignment with SDG 4, Quality Education, the bank Rolled out More Than Money module that trained grade 6 students about earning, spending, sharing, saving money, and businesses they can start or jobs they can perform to earn money, engaging corporate volunteers from our staff, in partnership with Injaz Lebanon.
Introduced the world of banking, Corporate Social Responsibility (CSR), Sustainable Development Goals (SDG), career identification, social media code, microfinance, digital banking, entrepreneurship, taxes in Lebanon and innovative thinking to grade 11 students, during the Global Money Week (GMW).
Launched an interactive financial literacy quiz ‘Let’s Talk Money’ where young adults aged between 16 and 24 years will be able to learn about personal finance and test their financial knowledge.
Spring interschool competition included several topics such as the 75 years of independence, math and critical thinking, technology and innovation, banking and Lebanese poets.
Coached disabled persons to special financial literacy sessions which included an overview of available banking products and technologies making banking accessible to everyone. Different staff members of the Bank presented various products and services in addition to the legal aspect of addressing the visually impaired community; followed by a live demonstration of the accessibility to ITMs for the visually impaired and a hands-on session using JAWS (Job Access With Speech).
Trained students of the Codi Academy (experts in coding) to learn more about banking, with an introduction to the world of banking, plastic money and e-payments, retail loans and SME loans, and combating financial crime. Their journey at the Bank ended with a visit to the Novo e-branch.
Trained Bank Audi’s employees to enhance their skills and knowledge and provide them with career advancement opportunities.
Invested in employee training and development.
Offered internship opportunities to university students.
Covered the employees’ children’s tuition fees.
Encouraged the children of our fellow employees to seek education and academic excellence, for ambitious careers and a brighter future, by annually rewarding teenagers for their exceptional results in the Baccalaureate Part II.
Offered loans at preferential interest rates to university students.
Recognised USJ students for their academic performance by offering students USD 5,000 each and granting scholarships to students.
Advised Sagesse students to benefit from the education and technology offered to their generation by recognising distinguished students and offering grants.
Supported core trauma courses for nurses training rescue angels in partnership with Roads For Life.
Raised awareness on financial literacy for ages 8 – 12 through Bank Audi’s branch at KidzMondo, where more than 300,000 young minds play per year.
Continued to spread the word, mentor and share best practices on CSR through our involvement with various efforts and key activities across Lebanon.
Supported the education of sick children in hospitals, for a full academic year, by engaging employees to participate in the MySchoolPulse marathon.
in allignment with SDG 5, Gender Equality:
47% of our employees are female.
Contributed to microfinance programs at significantly reduced interest rates benefiting the underprivileged of which 31% are women entrepreneurs in collaboration with the Association for the Development of Rural Capacities (ADR).
“Empowered exclusively female entrepreneurs by offering them special SME loans and support with tailored business needs.”
In alignment with SDG 8, Decent Work and Economic Growth:
Contribution to Lebanon’s GDP estimated 1.82% in 2018.
“Committed to combat money laundering and terrorism financing in order to avoid being involved directly or indirectly in transactions connected with the laundering of money derived from illegal activities, or the channeling of funds to be used for illicit purposes.”
Spring account for young adults aged 18 to 24 that rolled out features inspired by the current market trends and the power of its clients.
Underwent ongoing improvements to strengthen our Environmental And Social Management System (ESMS).
Helped the small and medium-sized enterprises finance their daily business needs by launching the small and medium-sized enterprises business line (SME Banking).
“Promoted long-term financing to increase, diversify and lengthen the funding base for small and medium scale projects in specific targeted industries, and in renewable energy and energy efficiency in partnership with the International Finance Corporation.”
Facilitated the settlement of bills online through the implementation of e-government and e-payment systems at the public administration level impacting corruption, in collaboration with the Ministry of Telecommunications.
Offered KAFALAT and SANAD loans at preferential rates.
Contributed to microfinance programs extended to the underprivileged at significantly reduced interest rates in collaboration with to the Association for the Development of Rural Capacities (ADR) and Association Maak (NGO).
Helped businesses expand and grow in the right direction through the “Grow My Business†competition in partnership with Beirut Traders Association and MIT .
Improved the accessibility for physically disabled to ATMs and branches.
Continued to spread the word, mentor and share best practices on CSR through our involvement with various efforts and key activities across Lebanon.
Offered various educational support as detailed in our impacts while implementing SDG 4.
Covered one monthly instalment of the Personal Loans of customers with modest payrolls at the Bank, selected randomly from across the Bank’s branches, on the occasion of Labour Day.
Supported regional integration through trade and increased access to finance for importing and exporting firms in Lebanon, especially small and medium-sized enterprises by benefiting from the EBRD trade finance guarantees which cover the political and commercial payment risk of trade transactions.
Continued to expand the corporate volunteer culture through special program that engages employees to give back to the neediest. Such social investment programs have a significant impact on employees’ performance at work, and increase the feeling of fulfilment by committing to these community outreach and volunteerism initiatives.
in allignment with SDG 9, Industry, Innovation and Infrastructure:
Initiated the first high speed internet in partnership with Ogero.
Launched its revolutionary chatbot “andiâ€, a digital assistant that automates conversations between the Bank and its customers.
“Launched the “”Beyond Banking Hackathon†competition aiming to find innovators that dare to build, test, and pitch solutions for challenges such as reinventing the digital banking user experience, creating a personal touch in banking, imagining the banking e-advisor, and rethinking customers’ lending, saving and transacting journeys.”
Partnered with Arabnet bringing together corporate executives, marketing industry leaders, entrepreneurs and investors to discuss the latest trends in the digital sector, and opportunities available for companies working in that space. It is also the ideal gathering for leaders looking to explore and support digital innovation.
Participated in Innovation Weekend 5 organised by Seeqnce, SETT, and Startup Megaphone under the theme “Banking for Millennialsâ€. The sole purpose of the Bank’s participation was to drive the young students attending the event to “think outside the box†when it comes to banking experience.
Introduced a new member to Bank Audi’s team, NOVOT which is an emotionally sensitive robot in support of our employees.
in allignment with SDG 13, Climate Action:
“Launched the ‘My Carbon Footprint’ microsite aiming to address climate change while raising awareness among the youth on the use of resources and its impact on the environment, in collaboration with the Ministry of Environment and the United Nations Development Programme (UNDP). To date, 768 participants successfully accessed the microsite to measure their household’s impact on the environment.”
“Received an award for our commitment to the Lebanon Climate Act in recognition of our efforts to reduce our impact on the environment. ”
Offered environmental loans subsidized by the Central Bank of Lebanon at preferential interest rates.
“Sustained our “Grow Green†program which encourages employees to recycle solid waste in their workplace and at home, and to dispose of it at the Bank’s three special hubs. To date, 11,589 trees were saved.”
Conducted a comprehensive audit of the bank’s carbon footprint across its premises since 2012 and continuously improved our impact as a result.
Launched “Awareness on Wheelsâ€, a school bus raising awareness on solid waste management, in collaboration with Green Cedar Lebanon; the Association for Forests, Development, and Conservation (AFDC); Beyond Magazine, and the Ministry of Higher Education.
Deployed recycling bins in 14 locations in and around Beirut leading to the saving of 504 trees
Provided USD 200 million financing package for green finance in partnership with EBRD. The programme addresses critical issues for Lebanon’s sustainable development, such as diversifying energy supply, reducing the use of limited natural resources such as energy and water, and improving energy efficiency, thus decreasing pollution levels, conserving resources and contributing to a better environment.
Financed the 601 kilowatt Solar Power project through a NEEREA loan, in partnership with the Global Environment Facility (GEF) and Liban Cables, UNDP and the Ministry of Energy and Water. This project contributes to significant cost savings at Liban Cables, as well as a subsequent reduction of greenhouse gas emissions of 751 tons per year. This green energy will cover over 8% of the electricity needed by the plant to produce a wide range of building, industry and infrastructure cables.
