Circular 331

AL-MAWARID BankS.A.L., the First Bank to Invest in Startups under Circular 331

Beirut, June 12th, 2014: In line with its plan to support the economy, AL-MAWARID Bank held a press conference at the Four Seasons Hotel on Thursday June 12th 2014, to announce the first pilot project in Lebanon under Circular 331 put forth by Banque du Liban, and which aims to encourage banks to invest in startups in the knowledge economy sector. This initiative is part of the bank’s CSR program titled “YOUTHinc.” which supports entrepreneurs.