MUSCAT, 09 January 2014 – The Green Sports initiative launched by Bank Muscat in collaboration with the Ministry of Sports Affairs to promote Oman as a sporting nation is making steady progress as the bank will hand over a green playground developed as part of the unique CSR programme to Al Etihad team in the wilayat of Ibra. H.E. Shaikh Said bin Humaid Al Harthy, Wali of Liwa, will preside as guest of honour at the ceremony today (Friday, 10 January 2014) to be attended by dignitaries and senior officials from the bank.
The Green Sports initiative was launched by the bank in 2012 to lay the foundation at the grass-root level for a sustainable sports infrastructure. As part of the programme, 10 sports clubs were given support to green their playing fields in 2012. Marking the second year of the programme, the bank recently announced 10 new beneficiary clubs and teams for the greening initiative.
The unique CSR initiative has yielded encouraging results with four teams already completing the project. Al Reef Team in the wilayat of Ibri was the first to receive a green playground developed by the bank, followed by A'dhahar Team in the wilayat of Bidiya, Bilad Seet Team in the wilayat of Bahla and Al Noor team in the wilayat of Musanah.
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. The 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 funding eligibility criteria for the programme 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 plant trees and hand over the fields to beneficiary clubs/teams.
True to its commitment to supporting varied sporting activities in the country, Bank Muscat remains at the forefront in offering the required encouragement and support to youth. As the nation's leading financial institution, Bank Muscat aims to provide the required impetus for youth to excel in all arenas and thereby motivate them to contribute to the development and progress of Oman.