Year 2022
Strategy:
· Social responsibility is one of the main pillars of the Bank Strategy based on the Bank’s belief in the effective role of CSR in providing support and assistance to build, serve, develop and impact the community. The Bank also believes in the necessity and importance of continuous, multiple and diverse contributions to the development of the environment that surrounds us.
· Whereas CSR involves diverse activities, the Bank has chosen the education and health sectors, as they are among the sectors most in need, to be the two main recipients of the Bank support. Accordingly, the Bank directs its annual CSR budget to support those two sectors. In this context, the Bank has maintained, for several years, sustainable and continuous education support by helping many nonprofit organizations, either by sponsoring outstanding students in the form of scholarships, whether in technical or university education, sponsoring community schools or through partnership with different developmental institutions in those educational domains.
· In the field of health, the Bank continues to support many health facilities, institutions and hospitals, by sponsoring many medical cases, providing treatment or therapeutic / diagnostic devices and prostheses.
· The Bank also supports several scientific and many other research projects related to education and health.
· EBank continues to apply its social responsibility and community development strategy for many years. The Bank also increases the budget allocated to CSR annually to guarantee sustainability and continuity of the assistance offered to the entities supported by the Bank. Meanwhile the Bank adds many new institutions and fields that support education and health to those currently supported, as education and health are the most important pillars of progress, development and growth of the society as a whole, meanwhile the standard of living of the most vulnerable and less fortunate social groups is raised.
Based on its belief in the sustainability of social responsibility, the Bank continues for the fifth year in a row to offer financial support to five community schools in the villages of Esna District in Luxor Governorate. The Bank covers all operating and educational expenses of the students of those schools; including stationery, textbooks, curricula, cultural, sports, artistic and recreational activities and awareness programs. The Bank had previously established, developed and equipped those schools, and this year it covered the operating expenses of three additional schools as a continuation of the cooperation with Misr El-Kheir Foundation, seeking to exert more effort, based on its belief in education, which is the basis of the progress and development of society. In addition, a group from the Bank’s management visited those schools.
The Bank covered the operating expenses of a community school in Fayoum Governorate in cooperation with Mervat Sultan Charity Foundation.
Additionally, continued its financial contribution to Zewail City of Science and Technology, in the form of scholarships, by bearing all educational and study expenses and costs of six outstanding university students, from the most vulnerable groups to help them complete their studies in various scientific disciplines at the university, such as Nanotechnology, Nano-electronics, Space Engineering, Physics of the Earth and Universe, Communications and Information at the Faculties of Engineering and Science. The Bank also covered the costs of partial supplementary scholarships for fifteen university students who had defaulted on paying the university fees, seeking to exert more effort, and based on its belief in scientific research and its role in the revival of the society as a whole.
The Bank also continued to sponsor the costs of scholarships for eight outstanding students, from the most vulnerable groups, at Nile University in various faculties such as Engineering, Computer & Information Systems and Business Administration. Partial scholarship costs were also covered for nine students who, due to some circumstances, defaulted on paying the tuition fees.
Moreover, EBank also continued offering scholarships for the third consecutive academic year to sixteen students from the most vulnerable groups in technical education at Don Bosco Institute, along with fourteen university students in the faculties of Dentistry and Pharmacy at the Arab Academy for Science, Technology and Maritime Transport, the Russian University, and Faculty of Medicine at Misr University for Science and Technology, the Modern University for Technology and Information, also the Faculty of Mass Communication at Misr International University (MIU), and the Faculty of Physiotherapy at Badr University, in cooperation with Misr El-Kheir Foundation.
In the field of scholarships, the Bank also provided partial scholarships to thirty-five outstanding students whose circumstances prevented them from full payment of tuition and educational fees, in various faculties at Galala University.
The Bank also offered sixty-six scholarships in technical education at ElSewedy Technical Academy (STA) in several disciplines.
Moreover, the Bank donated a modern color photocopier, a regular photocopier, a projector and two printers to the Faculty of Science, Helwan University, as a contribution to the educational and study requirements for the laboratories and scientific research.
In addition, as a continuation of the cooperation with Giza Foundation for Educational Systems, another community education school that the Bank sponsors in Esna – Luxor was converted to a technology education school. This is an addition to another school that was converted in the previous year, in an effort to employ technology in the development of the Egyptian society and to focus resources and efforts towards fulfilling the sustainable development goals (SDGs). Meanwhile, marginalized communities’ inequalities were reduced using technology applications available in the Foundation’s projects to reach solutions that support the target groups in achieving social and financial inclusion coupled with technology education to create job opportunities and project ideas that achieve economic growth for all groups.
In a new initiative, and in cooperation with the Egyptian Food Bank, 25,000 healthy, balanced school meals were provided to the schools of Sohag Governorate villages.
In the field of training, skills development and enhancement of people with disabilities, thirty beneficiaries were trained through Asdaa Association for Sophisticating the Deaf & Hard of Hearing. In addition, one hundred fifty blind trainees participated in Braille courses to empower and integrate them into the larger community in cooperation with Al-Akhbar Institution. Additionally twenty people of determination in Assiut Governorate were trained on establishing small projects to achieve economic empowerment and financial inclusion, in partnership with Misr El-Kheir Foundation.
The Bank contributed to a competition to present the best Egyptian product for export, among Egyptian public, private, international and community universities, in partnership and cooperation with Enactus Egypt Program, which is a nonprofit organization located in 37 countries and including 1730 universities worldwide, representing a partnership between university students, leaders and businessmen, with the aim of narrowing the gap between university education and labor market.
This year, the Bank subscribed to the Egyptian Sports Support Fund, in an effort to sponsor distinguished youth in sports and improve the level of Egyptian sports.
Accordingly, the total amount spent on education during 2022 amounted to EGP 10,152,000.
The Bank carried out several community development activities to achieve sustainability. The Bank covered the treatment costs of thirty-one breast cancer cases treated in Baheya Hospital for Early Detection and Treatment of Breast Cancer, as well as the cost of establishing two ICUs in Baheya Sheikh Zayed Branch within the framework of the protocol signed with the Foundation. A team of Bank employees visits the hospital periodically to provide the patients with psychological and moral support.
The Bank also offered support to Al Nas Children’s Hospital to perform ten pediatric heart surgeries for children on waiting lists.
The Bank also donated to the Diabetes Research Unit, Kidney and Urology Center, Mansoura University Hospital, to conduct a number of scientific researches in stem cell therapy.
In addition, this year, the Bank took the initiative to cover the expenses of performing ten cardiac catheterization operations and four open-heart surgeries at Magdi Yacoub Global Heart Disease and Research Center in Aswan, in addition to chemotherapy and radiotherapy for sixty children with cancer at Shefaa Al-Orman Children’s Cancer Hospital in Luxor.
The Bank also donated to Ibrahim Badran Charitable Foundation (IBF) to organize four free medical / healthcare convoys, which were delivered to some villages of Sharkia Governorate, where 3,740 patients were examined as part of the Egyptian Health Initiative. The Bank employees are keen to participate in those convoys, which provide healthcare and primary checkups along with medical and health awareness sessions through IBF mobile clinics, including a medical team of doctors specialized in different medical disciplines, including internal medicine, orthopedics, ENT, ophthalmic, dermatology and pediatrics. Free treatment and medicines were provided to those patients through the convoys, in addition to the fixed clinics in Beni Suef and Edfu governorates, which provided almost 2,800 patients with free checkups and treatment. The Bank was involved in this initiative under the Cooperation Protocol concluded between the Bank and IBF to serve patients in need of medical help in several Egyptian governorates.
The Bank also covered the cost of chemotherapy for 473 children with cancer at the Children’s Cancer Hospital Egypt 57357 (CCHE) in cooperation with the Association of Friends of the National Cancer-Free Initiative (AFNCI). A team from the Bank visited those children and the various departments of the hospital.
Additionally the Bank supplied a number of balloon catheters for the Critical Care Unit at Kasr Al-Ainy Hospital, Cairo University, along with a number of therapeutic and exploratory medical supplies.
The Bank also made an in-kind donation by purchasing and supplying all the requirements for equipping a sensory therapy room “psychomotor” for the Intellectual Education Foundation for Girls in Old Cairo affiliated to the National Foundation for Women and Society Development, which sponsors and provides all means of comfort and security to sixty five incapacitated girls with special needs.
The Bank also equipped a hospital room in Ahl Masr Hospital for Burns, which the Bank had previously contributed to its establishment during the construction phase of the hospital.
This year, the Bank covered the cost of providing fourteen prostheses, fourteen hearing aids and two wheelchairs in addition to the cost of three tonsils & adenoids operations and some heart surgeries in cooperation with the Egyptian Cure Bank. The Bank also contributed to medical checkups performed through a medical convoy that was organized in cooperation with the Misr El-Kheir Foundation in Assiut for people with special needs, by providing prostheses according to the need.
The Bank also donated to the Association of Liver Patients Care (ALPC) in Dakahlia, for scientific research, checkups, and treatment for nearly 50,000 patients. Some medical supplies and surgical tools were provided to Nuba Hospital to serve 8,305 patients from Nuba and Aswan.
Accordingly, the total amount spent on health during 2022 amounted to EGP 9,718,000.