Year 2021/2022
The Bank considers the CSR as one of the main six pillars of its strategy 2017 – 2022, in this regard; the Bank is expanding its role and impact in serving the community. This is out of believing in the importance of CSR participation in developing the surrounding communities through supporting the high priority sectors, such as education and health, where the Bank always believes in its responsibility towards the community, financial inclusion and awareness.
Education
Out of sustainability, the Bank continues this year to supporting the education sector, according to its strategy and out of believing in the CSR activities and its role towards the whole community.
This year, and for the fourth consecutive year, the Bank continues to fund and support Massr El Kheir foundation in the operational costs of the five schools of Essna villages – Luxor Governorate, in Upper Egypt. The fund included the educational, sports, arts, recreational and cultural activities’ costs, as well as the books, tools and students’ uniforms and materials, as well as the teachers’ salaries and allowances.. etc..
OutThose are the same schools, which were previously established and renovated, couple of years ago, by the Bank and comes out of the Bank’s keenness in improving the level of education especially in Upper Egypt, where a team from the Bank’s staff regularly visits those schools, to encourage the students and teachers, and to follow-up on that project.
Also, on the education side and based on the Bank’s belief in sustainability, and in the scientific research field and its overall impact on the community. The Bank continues to financially support Zewail City & University for Science and Technology, in the form of 6 scholarship for 6 excellent university students, who cannot afford the education cost, until they finish their studies and get graduated from their different major on Nanotechnology, Nano electronics, aerospace, physics, IT, Engineering and Science.
Additionally, the Bank provided 8 scholarship to excellent students who cannot afford the educational fees of Nile University in different faculties and majors such as Engineering, IT, Computer Science and Business.
Moreover, the Bank in cooperation with Massr El Kheir Foundation provided 70 other different scholarship to vocational and technical students, who are studying different fields in the industrial cluster in Fayoum, Amirreya Industrial Cluster and in Dome Bosco. As well as 14 academic scholarship in different faculties such as Dentistry and Pharmacy in the Arab Academy for Science and Technology and Maritime Transport AAST, Faculty of Medicine in Misr University for Science and Technology and in 6th of October University, the Faculty of Pharmacy in the Russian University, Mass Communications in the Modern University.
The Bank participated in establishing a new lab for remote learning in the Faculty of Science, Helwan University, where a video camera was provided to enable the instructors and teachers to present their lecture and experiments remotely to students, while it could be also recorded, uploaded and sent via different e-platforms and social media channels. The need for such lab aroused due to Covid-19 pandemic, which prevented students from attending the lectures inside the faculty’s classrooms, in full capacity. In addition to a data-show and two LCD screens as well as 30 PC were provided.
In cooperation with Giza Systems, a new project was inaugurated in one of the Bank’s community schools in Essna – Luxor. The fund is covering the digital transformation of the students and teachers, in order to enable them using electronic devices such as laptops and tablets, using innovated ideas and activities to learn electronically, the school was a pilot one as a first phase before implementing the idea on the four other schools. This is mainly for enhancing and developing the level of education in different fields in all aspects and means.
In cooperation with Enactus Egypt, a contest was announced about exporting Egyptian products among 66 of governmental, international and private universities, in order to minimize the gap between education and business life.
The total amount spent to support education sector from July 2020 until December 2021 is EGP 7 Million and 897 thousands.
Health
On the health sector, out of sustainability, the Bank continues to financially support different health issues and cases; this is through previously signed protocols with different foundations.
This year, the Bank continued to cover the chemotherapy sessions of breast cancer patients in Baheya Hospital for Early Detection and Breast Cancer Treatment, through the MOU previously signed with the foundation. A group of the Bank’s staff usually visits the hospital to psychologically, emotionally and morally support the patients.
Moreover, the Bank supported Banha University Hospitals – the Urology and Venereology Department, through presenting surgical endoscopy devices and some other latest medical equipment and tools to be used for operations and check-ups. While participating in the renovations of different medical sections, such as the intensive care units, the inpatients clinics, the operations rooms and the administration and educational buildings… etc.
Moreover, the Bank financially supported Al Nass Hospital, through covering the cost of surgeries of some children patients. While continuing to participate in establishing, equipping and furnishing a wardroom in the hospital.
In addition to the financial support given to Mansoura University Hospital, Urology and Nephrology Center, participating in the cost of researches and studies made to enhance the quality of medical services, providing better treatments, free of charge, to patients who can’t afford it.
Additionally, the Bank covered the cost of 18 heart surgeries operated to children in Magdi Yaacoub Heart Center in Aswan, and also participated in the cost of establishing and furnishing a room in Magdi Yaacoub New Heart International Center, as well as a room in Shefaa El Orman Children Cancer Hospital in Luxor.
For the second consecutive year, the Bank financially supported Ibrahim Badran Foundation for holding 4 convoys in Qualyubia Governorate, to provide free of charge medical check-ups, in different specialization, for around 3539 patients in poor villages among the governorate. In addition to medical and hygiene awareness sessions, providing and distributing free of charge medical consultation, medications and treatments through those convoys, for the residents of those poor villages, where the Bank’s staff participated by attending and helping.
In collaboration with 57357 Hospital, the Bank covered the cost of surgeries for nine cancer children patients, where staff team visited the different sections of the hospital.
Additionally, Balloon Catheters were provided to the Intensive Care Unit of Kassr El Einy Hospital – Cairo University as well as a high tech medical equipment, provided to the Cancer National Institute. In addition to a clothes dryer and two air-conditions to the Institue of Culture and Mental Care for Girls under the patronage of the Women and Community Development National Institute, supporting the disabled girls providing them with special care, especially for special need cases.
The total amount spent on supporting the health sector from July 2020 until December 2021 is EGP 7 Million and 193 Thousands.
Environmental
On the environment level, the Bank collects all the drafts papers and the outdated documents, which in turn are shredded then given to specialized organization for recycling, in order to protect the environment. On another hand, the Bank makes a regular check-up on all vehicles owned by the Bank, in order not to be a source of pollution and to prevent harming the environment. Moreover, the Bank is applying an “environment friendly” policy in construction, maintenance and energy saving materials.
In the same contest, the Bank participated in the initiative of replacing the old vehicle, by providing car loans, with special rates to individuals, in order to encourage them to replace their old vehicles, which passed their 20th production year, to ecofriendly cars. The initiative is initiated by the Central Bank of Egypt in light with the government’s sustainability and energy saving strategy. The loan is provided to taxis, microbuses or individual owners.
Corona Virus (Covid-19) Pandemic
In light with Covid-19 crisis, the Bank participated with EGP 10 Million for providing Corona virus’ vaccine and making it available, as the Bank is considered one of the main supporter to “Tayha Massr” believing in its role towards the whole population.
Other CSR Initiative
In order to disseminate the financial awareness to youth, and contributing in CBE various financial inclusion initiatives. The Bank continued to participate, for a sixth consecutive year, in the initiative under the supervision of the Egyptian Banking Institute (EBI), in partnership with the Ministry of Education, where workshops and lectures were conducted to different university students. In this line, the Bank sponsored and adopted the Egyptian Banking Simulation Model – EBSM, organized by the Faculty of Economics and Political Sciences – Cairo University, where financials and banking informative sessions where conducted to those universities’ students. In addition to the financial inclusion workshops and sessions conducted in Galala University, Egyptian Japanese University, Nahda, Nile, Zewail, Ain Shams Universities and many others.
As part of its role towards the community development and corporate social responsibility, and in order to contribute in solving the unemployment problems. The Bank usually participates in various employment fairs, organized by several entities and in different business fields.
As part of its role towards different community segments and categories, and for financial inclusion purposes, the Bank facilitated the access to its premises and branches through making special ramps to physically disabled customers, vendors and visitors as well as some special parking slots. Where also some of the fresh graduates of hearing and speaking disabilities, and visual disabilities were hired, in order to provide equal opportunities to the community members.
This year, the CSR Department sustained a couple of new initiatives, such as:
– The “CSR monthly tip”, where a CSR tip is sent to all staff on a monthly basis, via email, as a slogan for action and for staff engagement.
– The collective initiative of “from our hearts”, either by visiting our CSR partners of hospitals, schools and universities, or participating in medical convoys…etc.. Or through inviting those partners to our premises encouraging staff to donate for different causes such as winter campaigns, buying medical equipment for hospitals, “Sak El Odheya” …etc..
– Additionally, the Bank participated in the Special Needs Day organized by Arab Center for Conferences, as well as the “CSR Conference in Light of Covid-19” organized by Dolphin for Conferences Arrangements. This is in addition to sponsoring the visual disability initiative “touch your dream”.
– Moreover, the Bank sponsored the charitable event in favor of Ahl Massr Foundation for burns victims, organized by the British Egyptian Business Association “BEBA” held in Abdeen Palace.
– Furthermore, for women empowerment purposes and for encouraging women entrepreneurs and Egyptian products, all of the business-women of BWE were all registered in the Bank’s vendors and suppliers’ official registry.
