The programme is a joint initiative between BBK and the Labour Fund which assisted in designing the programme by selecting and appointing the training providers Capital Knowledge and contributing towards the training fee as well as the stipend that the trainees will get.
The BD 160,000 project will help 100 Bahrainis with a 2-year technical or academic diploma to get fast-track retail banking training (in batches of 20). This training will make them eligible to find employment in BBK's rapidly-growing Retail Banking operations.
During their training, the associates were given training in banking, English for Business and all the major aspects of Retail Banking, Banking Law, Basic Accounting, Customer Service and Interpersonal Skills.
As part of the programme, the trainees visited the Central Bank of Bahrain (CBB) where they were introduced to the dealing room operations, how to combat money counterfeiting and toured the coin museum at the CBB.
In another field trip, the group went to different BBK Financial Malls to observe the day-to-day operations of tellers, customer service representatives and sales agents. This prepared the trainees for a core banking simulation offered at Capital Knowledge.
For this, a class room was converted into a branch, providing the trainees with the opportunity to try out their respective functions as BBK Retail Bankers.
A crucial impact on the trainees was made by different BBK Executives from HR, Retail Banking and Marketing who arranged for class room discussions with the group.
At the graduation ceremony, BBK CEO Abdul Kareem Bucheery emphasized that a good banker must not only have good knowledge in banking but also, and more importantly so, have the right attitude in order to serve customers well.
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LF funded BBK 'graduates' prepare for the working life
- Bahrain: Saturday, August 02 - 2008 at 11:47
- PRESS RELEASE
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The first batch of 20 new recruits for BBK's Retail Banking Associate Programme graduated from a carefully structured 7-week training programme funded by the Labour Fund.
The graduation ceremony.
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Posted by Siba Sami AmmariSaturday, August 02 - 2008 at 11:47 UAE local time (GMT+4)
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Notes and Media Contacts »
The Labour Fund:
The Kingdom of Bahrain has taken vital steps towards a labour market reform which is an essential stride to ensure that the human capital of the country is developed and that employment is made more attractive for localization as well as to improve performances of businesses. The strive towards labour reform will impact the Kingdom's economy and raise standards of living as well as pose a challenging commitment to the improvement of services in Bahrain.
The Labour Fund is a semi-autonomous yet independent authority which formulates strategic and operational plans to use the fees collected by the LMRA in order to enhance the overall prosperity of Bahrain by investing in Bahraini employability, job creation, and social support. Hence, the Labour Fund's main objectives are (i) to support Bahrainis to become the employees of choice, and (ii) to support high quality private sector job creation and helping the private sector cope with the impact of labour market reform.
To achieve these objectives, the LF will invest (i) in the cost and quality competitiveness of Bahrainis (e.g., reduction of cost of employing Bahrainis relative to expatriates, investment in skills and work ethic development programs of Bahrainis) and tackle employment barriers on both employer and labour market entrants sides through a combination of financial incentives and capability building, and (ii) in supporting the private sector's adjustment to new cost structures by providing access to capital to alleviate short-term cash constraints or improve productivity, and in know-how initiatives that support improvements in productivity and decreased reliance on expatriate labour through spreading management and technical knowledge.
BBK:
BBK has been the pioneer in Commercial Banking for the last 35 years in the Kingdom of Bahrain. As a revolutionary market leader, BBK has built a name and reputation which is respected locally as well as internationally. To maintain this reputation, BBK has been at the forefront, incorporating the latest technologies to provide the finest services. One such service is the e-banking solutions that provides new generation services through its user friendly award winning website.
Capital Knowledge:
Capital Knowledge operates a training institute that focuses on providing benchmark training for professionals in the finance industry. It is a Bahraini company, licensed by Ministry of Labour and specialises in delivering training solutions in the fields of banking, finance, investments, accounting and management. From its headquarter located at Bahrain Financial Harbour, it covers Bahrain and other GCC countries.
For Media Enquiries, you may contact:
Hala A. Suleiman
Manager-Marketing Communications
Chief Executive's Office
Labour Fund
Tel: +973 17568850
Mob: +973 36632848
Fax: +973 17581801
P.O. Box 18131
Manama, Bahrain
The Kingdom of Bahrain has taken vital steps towards a labour market reform which is an essential stride to ensure that the human capital of the country is developed and that employment is made more attractive for localization as well as to improve performances of businesses. The strive towards labour reform will impact the Kingdom's economy and raise standards of living as well as pose a challenging commitment to the improvement of services in Bahrain.
The Labour Fund is a semi-autonomous yet independent authority which formulates strategic and operational plans to use the fees collected by the LMRA in order to enhance the overall prosperity of Bahrain by investing in Bahraini employability, job creation, and social support. Hence, the Labour Fund's main objectives are (i) to support Bahrainis to become the employees of choice, and (ii) to support high quality private sector job creation and helping the private sector cope with the impact of labour market reform.
To achieve these objectives, the LF will invest (i) in the cost and quality competitiveness of Bahrainis (e.g., reduction of cost of employing Bahrainis relative to expatriates, investment in skills and work ethic development programs of Bahrainis) and tackle employment barriers on both employer and labour market entrants sides through a combination of financial incentives and capability building, and (ii) in supporting the private sector's adjustment to new cost structures by providing access to capital to alleviate short-term cash constraints or improve productivity, and in know-how initiatives that support improvements in productivity and decreased reliance on expatriate labour through spreading management and technical knowledge.
BBK:
BBK has been the pioneer in Commercial Banking for the last 35 years in the Kingdom of Bahrain. As a revolutionary market leader, BBK has built a name and reputation which is respected locally as well as internationally. To maintain this reputation, BBK has been at the forefront, incorporating the latest technologies to provide the finest services. One such service is the e-banking solutions that provides new generation services through its user friendly award winning website.
Capital Knowledge:
Capital Knowledge operates a training institute that focuses on providing benchmark training for professionals in the finance industry. It is a Bahraini company, licensed by Ministry of Labour and specialises in delivering training solutions in the fields of banking, finance, investments, accounting and management. From its headquarter located at Bahrain Financial Harbour, it covers Bahrain and other GCC countries.
For Media Enquiries, you may contact:
Hala A. Suleiman
Manager-Marketing Communications
Chief Executive's Office
Labour Fund
Tel: +973 17568850
Mob: +973 36632848
Fax: +973 17581801
P.O. Box 18131
Manama, Bahrain
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