Banking on training and education
June 12, 2017
Besides having to dispatch their staff to rigorous regular training programs required under central bank stipulations, banks provide employees with a variety of opportunities to participate in continuous education. Training extends from honing soft skills to mandated skill checks, acquisition of professional certifications and pursuit of academic degrees. Executive spoke to five banks about how they approach the issue.
Each of these banks provided Executive with similar figures, stating that their training budgets represent 1 or 2 percent of their payroll and reporting between 20 and 30 average annual training hours per employee. But the breadth of approaches, offerings, and perspectives on the benefits of training show that both job seekers and banks would do well to give training and educational support as much attention as their remuneration packages.
He is expected to meet President Michel Aoun and Parliamentary Speaker Nabih Berri, both of whom are allied to Hezbollah. There is no clear picture of what Mr Le Drian will propose, Alain Aoun, a member of Parliament who is part of President Aoun s Free Patriotic Movement, told
The National. It is a last attempt to save the initiative but we don t have more information on Mr Le Drian’s visit.
It remains unclear whether prime minister-designate Saad Hariri, a key ally of France, will be meeting Mr Le Drian.
Mr Hariri s representative was unavailable for comment.
A Hezbollah spokesman said Mr Le Drian did not contact the group for a meeting.
The struggle to save Sursock Palace after Beirut blast
Updated / Sunday, 2 May 2021
07:00
Furniture and artworks were damaged in the Sursock Palace after the Beirut port explosion
The palace owned by the Lebanese and Anglo-Irish family, the Sursock Cochranes, suffered extensive damage to its building and artwork during the Beirut port blast last August, writes Hannah McCarthy.
The damage, caused by the 3,000 tonnes of ammonium nitrate which ignited last August at the port, has placed an enormous burden on a population of Beirut that was already struggling with economic and political meltdown.
Since 2019, when the economic situation in the country quickly deteriorated, Lebanese banks have imposed strict capital controls on their customers. As a result, the majority of the population (those without high-level political connections) have only been able to withdraw the equivalent of a few hundred dollars from their accounts, even after the port blast, which left 300,000 people hom
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