Jammal Trust Bank and Byblos Bank Offer Scholarship to LAU Students
Chairman and General Manager of Jammal Trust Bank (JTB), Anwar Jammal, reconfirmed on October 25, 2010, his commitment to the University, by signing a gift agreement with LAU President Dr. Joseph G. Jabbra; the Ali Abdullah Jammal Memorial Scholarship, named after Jammal’s late father, Ali Jammal, JTB’s founding Chairman, will offer one Business student a full scholarship throughout her years at the University. “What’s better than education? You give a person an education, and then with that they should be able to conquer the world themselves”, said Jammal.
He hopes that at least one of the beneficiaries will come back decades later and feel morally obligated to start a scholarship fund in order to pass on their gift to deserving students.
“LAU is growing because of people like Anwar, who kept his father’s legacy. Education provides students with more chances and opportunities, which is great for Lebanon and the region”, said President Jabbra.
Earlier this month, another major Lebanese bank, Byblos Bank, offered $60,000 toward the Byblos Bank Annual Scholarship Grant to support business and engineering students. The bank contributed the same amount both in 2007 and 2008, in line with the vision of its chairman, Dr. Francois Bassil, to support the future of Lebanon through education.
For this academic year, seven students were anonymously chosen from among previous financial aid applicants to receive a sponsorship of half of their tuition.
The students met with Byblos Bank officials at the Beirut campus on October 14, 2010, and expressed their appreciation for the donation.
