MUSCAT, 06 April 2014 – Bank Muscat, the flagship financial services provider in the Sultanate, is reviewing the 2014 applications from sports clubs and teams across Oman to green their playgrounds as part of the Green Sports initiative. The review committee members made extensive field visits to evaluate the facilities of prospective clubs and teams seeking Green Sports support in all regions.
The unique CSR programme was launched by the bank in 2012 to lay the foundation at the grass-root level for a sustainable sports infrastructure in Oman. As part of the programme, 10 sports clubs were given support to green their playgrounds in 2012. Marking the second year of the programme in 2013, the bank signed agreements with 10 more beneficiary clubs and teams for the greening initiative.
Following two successful years in which 20 sports clubs were given support to green their playgrounds, the continuing programme will benefit more sports clubs and teams across Oman in strengthening sports infrastructure in general and promoting football in particular.
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. Sports and games are important for youth and the Green Sports initiative creates an environment to develop their talents.
The unique CSR initiative has yielded encouraging results with six 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, Al Noor team in the wilayat of Musanah, Al Etihad team in the wilayat of Ibra and Al Qadsiya team in the wilayat of Adam.
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 funding eligibility criteria for the Green Sports 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 is 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 impetus for youth to excel in all arenas and thereby contribute to the development and progress of Oman.