Byblos Bank Headquarters, 15 February 2017: Five Lebanese non-governmental organizations received donations amounting to a total of USD 53,000 from Byblos Bank and the suppliers of its Commercial Banking Division’s 2016 end-year gifts, during a ceremony held at Byblos Bank Headquarters in Ashrafieh. For the fifth year in a row, Byblos Bank’s Commercial Banking Division asked the suppliers of its end-year gifts to donate a share of their profits; the Bank then added an equal share to support five designated NGOs. For the occasion, Mr. Fadi Nassar, Deputy General Manager and Head of Group Commercial Banking at Byblos Bank, said: “For the fifth year in a row, we are supporting NGOs through a tripartite partnership, which reflects the essence of our work ethics.” He added: “Byblos Bank believes that NGOS are one of the main drivers of positive change in our society, and actively contribute to the stability of the country.” Mrs. Carla Tadros, member of the women’s support committee of Anta Akhi, one of the recipient NGOs said: “We are grateful for the constant support of Byblos Bank and its partners in helping us fulfill our missions and goals”. She added: “Such initiatives should be an example for others to follow, because NGOs largely depend on the generosity of the private sector.” The suppliers participating in Byblos Bank’s initiative for this year are: Vintage Wine Cellar, Les Caves de Taillevent, The Malt Gallery, Vincenti & Sons, and Patchi. Byblos Bank, keen on playing an active role in backing civil society organizations, is regularly taking innovative initiatives in support of social, educational, cultural and environmental causes.