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CSR

AUB VSE

In 2014 and for the fifth year in a row, Blominvest Bank s.a.l. sponsored the American University of Beirut (AUB) virtual stock exchange competition that is organized by AUB’s Business Student Society in collaboration with Blominvest Bank s.a.l. The initiative is part of BLOM Bank Group’s corporate social responsibly strategy towards the public at large as well as academic circles.



‘’Mr Alexandre Mouradian, Head of Investor Relations at Blominvest Bank s.a.l., emphasized Blominvest bank’s commitment by teaming up with AUB to identify and develop the scarcest resources of any workplace i.e. talented human capital. He stressed on the importance of partnering with AUB in establishing an application based framework that complements theory and the evolving of the competition since inception’’.



During the course of eight consecutive weeks, students across AUB take part in a simulated Stock Exchange competition where they build and manage portfolios and compete against each other.



Winners are chosen by a joint refereeing panel from AUB’s Olayan Business School and Blominvest Executives. The criteria for judging involve an equal weighting between strategy used, score and presentation quality.



Accordingly, the top three contestants will receive monetary prizes ranging from $2,000 to $1,000 in the form of BLOM Mini Cards. The cards are prepared in house and act as a token for the winning students to remind them of their university days and at the same time give them the opportunity to work with the BLOM brand in their future careers.



CSR CFA

For two consecutive years between 2012 and 2013, Blominvest sponsored the CFA Institute’s Research Challenge in Lebanon that is hosted by the Lebanese CFA Society.



The Research Challenge is an educational competition for teams of university students that allows participants to assume the role of investment research analysts offers participants the opportunity to develop and present an equity research report and compete on a global basis with peers from top business schools. The winning team represents Lebanon at the EMEA regional final which is held in London. Thereafter, the winners of this stage will then proceed to the CFA Institute international final to be held in New York – USA.



Each team was mentored by an academic faculty member and a professional research analyst. At the end of the process the team wrote a research report which they then presented to a panel of judges comprising academics and finance professionals.
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