SABB selects scholarship candidates

The candidates, all of whom are Saudis and come from varied backgrounds and different employers, will start their courses in September of this year.

Mr Bleihid N Al-Bleihid, General Manger Human Resources, said: "The SABB Scholarship Scheme underlines the Bank's deep rooted interest in long term development of the Kingdom and its people. The program does not stipulate that the candidate should be a SABB staff; the program instead, is open for all qualified Saudi employees. The program is considered one of SABB' major contributions and commitments to the Saudi community, as the Bank bears responsibility for the full study fees, living and travel expenses in addition to a per diem allowance."

SABB, as a first Saudi company, introduced this educational program in 1997. It enables Saudis to obtain higher education in the UK. On completion of their respective courses candidates are free to join any organisation of their choice. Around 34 Saudis have been provided with scholarships under the Scheme by SABB till now.

Mr Al Bleihid added, "Saudi companies and institutions, regardless of their activities, should involve themselves in the educational development of the Saudi citizens following the example set by SABB which has established this ambitious Scheme in spite of the fact that its principal interest is in commercial and investment banking services."