Communities

Building Young Societies’ Financial Abilities


Being familiar with the importance of higher education in a very competitive market and conscious that a much-needed knowledgeable Lebanese youth is key to our country’s economic thrive, Fransabank Chairman, Mr. Adnan Kassar, proceeded in his giving endeavors and went a step further by donating USD 10 million into a leading educational institutions in Lebanon, the Lebanese American University (LAU), one of the highest donations in the university’s history.

This donation, into an endowment fund, is a dedicated and permanent source of funding that provides scholarships and financial aid to needy and deserving students and support to LAU’s Business faculty’s academic programs and development. As a long-term perpetual asset, the endowment will deliver financial support to the benefit of both the current generation and future generations of LAU students within Chairman’s Kassar strong belief that education empower individuals and build stronger societies.

This step in advancing education in Lebanon is of major importance especially with the struggling economic situation, and the parent urge to elevate their children and secure for them a grade A education level.