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Bank Muscat to announce 2014 Green Sports beneficiaries

MUSCAT, 21 September 2014 – Bank Muscat, the flagship financial services provider in the Sultanate, will announce today (Monday, 22 September 2014) the 2014 Green Sports beneficiary teams and clubs at a ceremony to be held under the auspices of H.E. Mohammed bin Salim al Toobi, Minister of Environment and Climate Affairs, at the bank's head office.

Marking the successful third year, the Green Sports initiative launched by Bank Muscat in association with the Ministry of Sports Affairs to promote Oman as a sporting nation has widened its reach across the Sultanate. The bank has decided to significantly enhance support to the initiative aimed at strengthening sports infrastructure in general and greening of football grounds in particular. The initiative stems from the bank's commitment to give a helping hand to all deserving teams and clubs in Oman to green their playing fields.

The bank in a record time has achieved notable success in developing green fields for sports clubs and teams across the Sultanate, thus contributing to realising the sporting dreams of these teams. The Green Sports initiative reiterates the bank's support to Oman's youth who represent the future of Oman, besides contributing to sustainable development and protection of the environment, thereby ensuring all-round development in Oman. The objective of the greening initiative is to contribute to honing the sporting talents of Omani youth in order to enable them to represent the Sultanate at regional and international events and achieve positive results that will make the country proud. Bank Muscat accords utmost importance to activities, events and social responsibility initiatives benefiting society and the country as a whole.

The Green Sports CSR programme was launched by the bank in 2012 to lay the foundation at the grass-root level for a sustainable sports infrastructure. The funding criteria for the programme, which has already benefited 20 teams, include that sports clubs/teams should have been in existence for three years with a minimum membership of 300 youth from the local community. Bank Muscat will lay turf grass and hand over the fields to beneficiary clubs/teams.

The greening initiative has yielded encouraging results with several teams completing the project. The bank recognises that local clubs wield immense influence on neighbourhood communities, especially youth, hence clubs with modern infrastructure facilities can help raise sporting heroes for the country. Sports and games are important for youth and the Green Sports initiative is aimed at creating an environment conducive to develop their talents.

   True to its commitment to supporting varied sporting activities in the country, Bank Muscat remains at the forefront in offering the required encouragement to youth. As the nation's leading financial institution, Bank Muscat aims to provide the impetus for youth to excel in all arenas and thereby contribute to the development and progress of Oman.