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An amount of $40,000 will be invested by Citi for Banks in Action program, which will be conducted in association with inJAz Bahrain.
The Banks in Action program will reach out to more than 1200 students of government & private schools in Bahrain during 2008. With the last year's sponsorship from Citi Foundation, inJAz Bahrain delivered the Banks in Action program to 14 secondary schools covering 540 students.
Conducted by Citibank and other banks' volunteers, the program will cover key concepts of how banks work, understanding of banking products and services plus creating awareness of potential career opportunities in banking.
Mayank Malik, Chief Executive Officer for Citibank Bahrain, said, 'Citi, through our various programs, aims to educate the youth about the banking industry and the opportunities in this sector. Through the Banks in Action program, we hope to instil in the minds of the youth an interest in the banking industry.'
Commenting on Citi Foundation's gesture, Shaikha Hessa bint Khalifa Al Khalifa, Executive Director of inJAz Bahrain, said, 'I would like to thank Citi for sponsoring Banks in Action program for the second time. I believe that it is vital to create an interest in students about the banking industry as it will encourage them enter the banking sector. Citi Foundation sponsorship will indeed help inJAz Bahrain's education based programs.'
Mrs Deema Murad, Citi's Public Relations Head said, 'Throughout the year Citi supports numerous educational programs in line with our policy of helping Bahraini youth. The future of our youth depends on the education we provide them. In 2008, we hope to sponsor more such education based programs.'
Citi has been in the Arab World for nearly 50 years and continues to view the region as critical to its global franchise. It is currently present in ten Arab countries including Egypt, UAE, Lebanon, Jordan, Tunisia, Morocco, Algeria, Bahrain, Qatar and Kuwait.
Citi supports inJAz Bahrain
Citi Foundation, member of Citi, recently announced the sponsorship of 'Banks in Action' program aimed at educating school students in Bahrain about banking industry.
- Bahrain: Sunday, April 06 - 2008 at 08:15
- PRESS RELEASE
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| From left: Deema Murad, Public Affair Officer for Citibank, Mayank Malik, Citibank General Manager, Shk Hessa bint Khalifa Al Khalifa, Executive Director for Injaz and Badriya Naqi, Development Director for Injaz. |
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CitiCiti, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Nikko. Additional information may be found at www.citigroup.com or www.citi.com.
Certain statements in this document are 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors. More information about these factors is contained in Citigroup's filings with the Securities and Exchange Commission.
About Citi Foundation
The Citi Foundation is committed to enhancing economic opportunities for underserved individuals and families in the communities where we work throughout the world. Globally, the Citi Foundation is focusing its giving on Microfinance and Microentrepreneurship, which helps individuals become economically self-sufficient; Small and Growing Businesses leading to economic expansion and job creation; Education, which prepares young people for personal and professional success; Financial Education, which helps individuals make informed financial decisions; and the Environment with a focus on sustainable enterprises that generate jobs and stimulate economic growth while preserving the environment. In the U.S. and Canada, the Citi Foundation supports Community Development programs that help build and revitalize neighborhoods and Education programs that prepare students for college and careers.
Citi Financial Education Program
Based on the belief that knowledge is your greatest asset, the Citi Financial Education Program is a global, company-wide effort to identify, support and implement initiatives that help give individuals, families and communities the tools needed to make sound financial decisions. Citi's ten-year, $200m global commitment is focused in three areas: Personal, Small Business and Institutional Financial Education. Additional information about Citi Financial Education Program, including Citi Foundation guidelines, links and resources and the Citi Financial Education Program Curriculum and Facilitator's Guide may be found at http://financialeducation.citigroup.com.
For further details, please contact:
Deema Murad
Public Affairs Officer
Citi
++973 17 588 644
Posted by Anne-Birte Stensgaard, Senior News EditorSunday, April 06 - 2008 at 08:15 UAE local time (GMT+4)
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Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
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