BBAC Bank : JANA Retirement Plan Lebanon

Name of the Organization : BBAC Bank
Type of Facility : JANA Retirement Plan
Country : Lebanon

Website : http://www.bbacbank.com/banking/personal/plan/jana-retirement-plan-lebanon

JANA Retirement Plan :

BBAC, in collaboration with Allianz SNA s.a.l., offers the retirement saving plan, “JANA”, designed to provide the protection you need to maintain a decent standard of living and enjoy a comfortable lifestyle during your retirement.

Related : BBAC Bank NAJAH Education Plan Lebanon : www.statusin.org/5792.html

Why do I need “JANA” plan?:
You need this plan to be able to face the continuously rising cost of living at the time you retire. By deducting a monthly amount from your income, you can secure financial protection for you and your family and build a retirement that suits your ambitions and satisfies your needs.

What kind of coverage can I receive?:
** A sum insured is paid to the designated beneficiaries in the event of natural or accidental death of the insured person.
** A sum insured is paid in the event of natural or accidental total permanent disability of the insured person (optional).

What benefits does the Plan offer?:
** Comfortable monthly premiums automatically withdrawn from your bank account with no extra charge.
** The possibility to protect the insured amount and the investment amount from inflation with an increasing annual variation rate between 1% and 10%.
** A minimum guaranteed rate of return on investment of 4%* annually.
** The possibility to benefit from additional return on investment according to the dividend rate declared annually by Allianz SNA s.a.l.
** In the event of death or total permanent disability, either the sum insured or the investment amount will be paid, whichever is higher.
** Flexible plan that allows you to change the insured amount, the monthly premiums and the variation rate.

What are the requirements to apply?:
** You must hold an account at BBAC.
** You must be between 18 and 55 years old.
** You must pay a minimum monthly premium of 25 USD.
** The contract should be for a minimum period of 10 years.

What is the next step?:
Visit any of the BBAC branches, where the customer service representatives are ready to provide assistance.

About Us :
Bank of Beirut and the Arab Countries (BBAC) traces its origins to an alliance forged in 1956 between three prominent investment magnets, the late Toufic Assaf – entrepreneur, industrialist and politician, the late Nashaat Sheikhelard – financier and businessman, and the late Jamal Shehaiber – financier and trader, when the three partners recognized Lebanon’s need for a different kind of banking services and practices.

The bank is registered on the Beirut Commercial Registry under number 6196 and on the Lebanese List of Banks as number 28. The first branch opened in Lebanon’s capital Beirut, on Allenby Street at the heart of Beirut City Center. Toufic Assaf was named Chairman and General Manager, and so he remained until 1996.

Contact Us :
Bank of Beirut and the Arab Countries (BBAC)
250 Clemenceau Street,
BBAC s.a.l. Building,
Beirut – Lebanon