"Standard Chartered is committed to working with the AGRFU to develop the game of rugby across the region," said Ray Ferguson, Chief Executive, Standard Chartered Bank UAE. "Great strides have already been made to popularise the game in the Gulf, but we have made a commitment to further develop youth rugby, which we hope will lead to more youngsters taking up the sport."
Standard Chartered is already a keen supporter of sporting events across the region, recently announcing sponsorship of this year's Dubai Marathon.
The bank is also an official partner of the Lawrence Dallaglio Benefit Year Tour, which incorporates Dubai, Singapore and Hong Kong. The Dubai leg will be held in the form of a dinner at the Emirates Towers Hotel on June 28th. Lawrence Dallaglio, Jason Leonard and Will Greenwood, all members of England's 2003 Rugby World Cup winning team, will be present at the event, hosted by former England star Martin Bayfield.
The eventual aim of the tour is to raise over Dhs 6 million for charities including the Anthony Nolan Trust, the Richard Langhorn Trust, Cancer Research, the Bali Bomb Fund and the PRA Rugby Players Benevolent Fund, which assists ex-players forced out of the game through injury.
The Standard Chartered deal with the AGRFU covers the Gulf Cup, a GCC-wide competition involving teams from the UAE, Oman, Qatar, Kuwait and Bahrain, the senior Arabian Gulf squad, which is ranked in the top six in Asia and the Under 14, 16 and 19 AGRFU teams.
"As a rugby union, the Arabian Gulf has been improving all the time," said George Grant, Secretary, AGRFU. "Now we have a sponsor with the international scale of Standard Chartered supporting us, we can continue this development. All aspects of rugby in the region will benefit, from our senior team competing against the best in Asia, to our junior teams growing in terms of size and quality."
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Standard Chartered Bank to sponsor Arabian Gulf Rugby Football Union
- United Arab Emirates: Wednesday, June 23 - 2004 at 12:44
- PRESS RELEASE
Standard Chartered Bank one of the leading international banks in the Gulf region, has signed a twelve month sponsorship deal with the Arabian Gulf Rugby Football Union (AGRFU), reinforcing Standard Chartered Bank's support of the local sporting scene.
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Standard Chartered - leading the way in Asia, Africa and the Middle EastStandard Chartered employs 30,000 people in over 500 locations in more than 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. It is one of the world's most international banks, with a management team comprising 70 nationalities.
Standard Chartered is listed on both the London Stock Exchange and the Stock Exchange of Hong Kong and is in the top 25 FTSE-100 companies, by market capitalisation.
It serves both Consumer and Wholesale Banking customers. Consumer Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small to medium sized enterprises. Wholesale Banking provides corporate and institutional clients with services in trade finance, cash management, lending, security services, foreign exchange, debt capital markets and corporate finance.
Standard Chartered is well established in growth markets and aims to be the right partner for its customers. The Bank combines deep local knowledge with global capability.
The Bank is trusted across its network for its standard of governance and its commitment to making a difference in the communities in which it operates.
Standard Chartered in the Middle East and South Asia
One of the leading international banks in the region, Standard Chartered has a branch network of 76 branches in 12 countries.
The UAE is the Bank's fourth largest market globally, and Standard Chartered has a commanding share in its chosen market segments. In the UAE, Standard Chartered has a network comprising eight branches and 22 automated teller machines (ATMs). A leader in investment services, credit cards, and personal loans, Standard Chartered is also the leading provider of cash management trade finance, and treasury products and services in the UAE.
Overall, the Middle East and South Asia region contributed over 11% of the Group's revenues in 2003, clearly demonstrating the Bank's strong network and expertise in the region.
For further information, contact:
Robin Duff, MCS/Action, PO Box 20970, Dubai t: +971 4 3902960 f: +971 4 3908161
Posted by Anne-Birte Stensgaard, Senior News EditorWednesday, June 23 - 2004 at 12:44 UAE local time (GMT+4)
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