Valuing Human Capital
At Fransabank, we understand the value of our employees not only to our Bank but to society at large. We believe in providing the best environment for them to flourish and reach their potential. Fransabank is proud to be an equal opportunity employer that provides a friendly, open and safe working environment for all staff members. The Bank allocates a significant amount of its budget towards continual staff training and career development which is further supported by an internal training center that facilitates seminars related to technical and managerial skills enhancement. Employees are also encouraged to continue their higher education by receiving a Zero per cent university loan. We have currently 31 employees enrolled in higher education programs (MBAs, CFA, CPA…).
Additionally, employees are encouraged to join the Fransabank Employees’ Union. Benefits of the union include corporate health care and education provisions for employees and their families and the protocol of benefits endorsed by the Lebanese Association of Banks.
A Culture of Inclusion
Beyond these essentials that provide a secure framework in which employees can feel protected and valued, Fransabank strives to foster an inclusive culture that draws employees together, respecting their diversity while uniting them as one family. The Amicale Employees Club forms an integral part of this goal. After having been initiated by employees, the Club was subsequently embraced by the Bank with generous funding allocated to support its activities. Through Amicale, social and cultural events as well as recreational trips for employees and their families are arranged. The Bank also offers employees, via Amicale, special discounts at retail stores and restaurants and hosts numerous annual celebrations at which gifts and goodwill are offered to all in attendance. All of Amicale’s activities are designed to nurture the feeling among employees of belonging to the “Fransabank Family” brand
Reaching out to all employees through internal communication is also a vital part of the Bank’s mission to provide an inclusive culture. For this reason, Fransabank is committed to the regular publication of Zapping, its internal corporate newsletter. Zapping is eagerly read by employees for its informative content and interactive approach and is a vital part of the Bank’s overall strategy to promote a true sense of belonging among its employees and to encourage constructive communication at all levels.
Rewarding employees for their contribution is another essential pillar of the Bank’s commitment to encouraging talent and valuing individual performance. The Bank regularly holds competitions that reward the highest performing employees with valuable prizes during productivity award ceremonies.
Working Hard and Playing Hard
From the Beirut Marathon to shooting hoops on a basketball court, Fransabank’s employees can often be found rising to a sporting challenge. Fostering a team spirit and providing a chance to swap work for leisure are major motivations behind Fransabank’s diverse sporting activities, many of which take place on a national level. In May 2009, the Bank’s basketball team was proud to take part in the first Fransabank Inter-Banks Basketball Tournament, an initiative launched by the Bank. Several local banks joined the event, although none were able to vanquish Fransabank which took winning place in the final. The Fransabank basketball team continues to go from strength to strength consistently being ranked among the premier teams in inter-bank championships.
Throughout the year, a calendar of Fransabank sporting events is ongoing. Away from basketball, Fransabank also has talent in the mini football field, with the Bank’s team having competed favourably in several tournaments. Year after year, Fransabank employees also form groups to join the annual Beirut Marathon and assist the Bank’s management in supporting its adopted cause of the Brave Heart Fund charity by fundraising during the race. Individual talents in Rally, trap shooting, tennis and other sports activities are continually supported by the Bank’s management. The various teams or individual initiatives have been honoured to receive several championship shields and awards. Of course, for all employees, it is the taking part rather than the winning that inspires them to enter competitions. This gives them the opportunity to make the Fransabank name visible across the country, demonstrating a desire to forge relationships and experiences that ultimately contribute to the social fabric of the country.