• HSBC

Mashreq hosts students from Dubai Women's College on a financial tour to Hong Kong

  • United Arab Emirates: Tuesday, January 08 - 2008 at 11:51
  • PRESS RELEASE

As part of its ongoing commitment to invest in tomorrow's leaders, Mashreq today announced that it will host 14 students from Dubai Women's Higher College of Technology (HCT) on a financial tour to Hong Kong, empowering them with the knowledge and skills to face the challenges of the growing competitive banking sector.

The trip which stretches from January 3rd till January 9th, 2008 will give the students a chance to meet the UAE Council in Hong Kong, followed by an in-depth tour to Mashreq's branch, the Stock Market, Bank of Hong Kong, central bank in Hong Kong and New York bank, Hong Kong chamber of commerce in addition to Hong Kong University, historical museums and other sightseeing attractions.

"We are constantly on the look out for national talents and we will always offer the best initiatives and training programs to motivate a predominately young population to work towards a new and brighter future for the UAE, said Shatha Al-Muammari, Emiratization Manager, Mashreq. "When equipped with the right tools, there is no limit to what these talents can achieve. This trip is yet another testimony to our ongoing commitment to further enhance our mission to support Mashreq's Emiratization efforts."

This trip is one of several initiatives launched by the Bank as part of its unwavering commitment to the development of young UAE Nationals. Mashreq has recently held and Open Day for recruitment of nationals that led to the recruitment of more than 180 nationals in the different sections and centers, such as the bank branches, Mashreq Golden branches, Retail Banking division, Investment and Corporate Banking division, Treasury and Capital Markets division, as well as marketing and human resources departments.
 
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About Mashreq
Mashreq is the largest private bank in the UAE and also the second oldest. Founded in 1967 as Bank of Oman, the bank has played a pioneering role in the industry, particularly in retail banking. Among its many firsts it was the first to launch such products as travellers' cheques, credit cards and ATMs.

It is invariably among the highest performing banks in the region. Last year it recorded a Net Profit of over $470m from a Total Operating Income of $844m. At the end of last year its Total Assets stood at $15.2bn.

Mashreq has received numerous international awards, particularly for quality management. According to independent research it has more ISO certifications than any bank in the region by a wide margin.

As a leading financial Institution in the UAE Mashreq aims to be world class in every facet of its business, including its social responsibility to the community it serves. Towards this goal the bank pays particular attention to recruiting, training, developing and retaining UAE National employees.

For further information, please contact:
Saad Hakim
PR Manager, Mashreq
Tel: 04 6083707

Rania Helmy or Pooja Keswani
Hill & Knowlton
Tel: 04 334 4930

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