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Bank muscat presents ‘Jesr al Mustaqbal’ scholarships to 2nd batch of Omani youth

MUSCAT, 7 October 2012 –  bank muscat, the flagship financial services provider in the Sultanate, organised a ceremony to present  ‘Jesr al Mustaqbal’ (Bridge to future) scholarships to the second batch of Omani youth who have enrolled for various courses at the College of Banking and Financial Studies (CBFS). The event was attended by senior bank officials and parents of scholarship beneficiaries.

Salim bin Mohammed Al Kaabi, DGM - Human Resources Management, congratulated the scholarship beneficiaries and urged them to take full advantage of the opportunity provided by the bank to achieve academic excellence and success in life.

Al Kaabi said: “bank muscat is proud to present the ‘Jesr Al Mustaqbal’ scholarships aimed at helping Omani youth from low-income segments to pursue higher education and vocational training and thereby attain employable skills. The ‘Bridge to future’ programme is a commitment by the bank to strengthen its social responsibility and thereby help Omani youth to benefit from educational opportunities offering employable skills, thus contributing to social and economic development in the country. The bank will continue to support Omani youth as part of this unique CSR programme.”

Early this year, the bank launched ‘Jesr Al Mustaqbal’ programme in execution of the directive of His Majesty Sultan Qaboos to provide relevant educational and training opportunities to Omani youth to develop employable skills. The comprehensive programme launched as part of the Corporate Social Responsibility (CSR) aims at offering study and vocational training sponsorships for young Omanis - both male and female from low-income and limited income families who have not been able to complete their education for various reasons.

The scholarship beneficiaries thanked and appreciated bank muscat on the unique initiative which provided them with the opportunity to pursue higher education.

Mozah bint Saif al Maamari said this was a rare opportunity to supplement her education and achieve her dream. “This opportunity opens new horizons for my future and career. I will make every effort to achieve positive results and excel in my studies to ensure a good future for myself and my family.”

Jokah bint Saif al Maamari said she was very happy to see her sister Mozah being selected for ‘Jesr Al Mustaqbal’ scholarship which will help in her career advancement. She thanked bank muscat for this national initiative in support of Omani youth to help them achieve their dreams.

Majid bin Misbah Adhwani, who attended the ceremony on behalf of his sister Abeer, said: “I am very happy for my sister to be selected for this scholarship which will supplement her education and help her to secure a bright future. Abeer is determined to excel in her studies and achieve positive results. We are grateful to bank muscat for this rare opportunity to attain appropriate educational qualifications essential for career advancement.”

Saleha bint Hamed al Habsi said the scholarship will open
a bright future for her. “I thank bank muscat for this opportunity to lay a strong foundation for my life.”

Al Kaabi added: “bank muscat is committed to its corporate social responsibility and thereby contribute towards sustainable development by working closely with local communities with the aim of improving living standards in a manner that serves the national economy and development process at the same time. The scholarship programme will help students from weaker sections of society to acquire employable skills, guaranteeing economic independence to them.”

bank muscat is the first Omani bank to establish a full-fledged CSR department. Considered among core values, the CSR policy stems from the bank’s strong belief in the importance of social responsibility. It reflects the bank’s concern and care for various segments of society. The bank is of the view that its social responsibility is not merely participation in charitable works and organisation of voluntary campaigns, but responsibility towards all-round development of society.

As part of ‘Jesr Al Mustaqbal’ programme, Omani youth from low-income families are also undergoing training in foreign exchange transactions, to be employed with a leading exchange company. Upon successful completion of the training programme, they will be absorbed in different branches of the exchange company on a starting monthly salary of RO 300.

In another ‘Jesr Al Mustaqbal’ initiative, the bank supported the training of vision impaired Omani artisans in the fields of pottery and ceramic craft and hosted an exhibition at the bank’s head office showcasing their works, which evoked a big response.

To ensure the continuity and success of the unique programme, the bank has set aside 20 per cent of its CSR budget for ‘Jesr Al Mustaqbal’. Scholarships are earmarked for students from all provinces in the country in the ratio of 60 per cent to interior regions and 40 per cent to Muscat region.