Year 2023

Corporate Social Responsibility (CSR)

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 affect the community. The Bank also believes in the necessity and importance of continuous, multiple and diverse contributions to the development of the surrounding environment.

• 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 academic 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 several medical cases, providing treatment or therapeutic / diagnostic devices and prostheses.

• The Bank also supports various scientific and many other research projects related to both 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, every year, 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, reflecting on the standard of living of the most vulnerable and less fortunate social groups.

First: Education

Based on its belief in the sustainability of social responsibility, the Bank continues for the sixth year in a row to offer financial support to eight community schools in the villages of Esna District in Luxor Governorate. The Bank covers all operating and educational expenses of 250 students of those schools; including stationery, textbooks, curricula, cultural, sports, artistic and recreational activities as well as awareness programs. The Bank had previously established, developed and equipped those schools. This contribution is 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 the whole society. In addition, a group from the Bank’s management visits those schools annually.
Additionally, EBank continued, this year, its financial contribution to Zewail City of Science and Technology, in the form of full and partial scholarships, by bearing the educational, study expenses, tuition fees and costs of 21 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 & Science. This is seeking to exert more effort based on its belief in scientific research and its role in the revival of the society as a whole.

The Bank also continued to cover the costs of full and partial scholarships for 17 outstanding students, from the most vulnerable groups, at Nile University in various faculties such as Engineering, Computer & Information Systems and Business Administration.

Moreover, EBank also continued offering scholarships for the fourth consecutive academic year to 30 students from the most vulnerable groups some of them in technical education, along with some other university students in different faculties, this is in cooperation with Misr El-Kheir Foundation.

Additionally, in the same field of scholarships, the Bank provided partial scholarships to 65 outstanding students whose conditions prevented them from full payment of tuition and educational fees, in various faculties at Galala University.

The Bank continued this year in offering 66 scholarships in technical education at ElSewedy Technical Academy (STA) in several disciplines.

In addition, as a continuation of the cooperation with Giza Foundation for Educational Systems, an additional community school of 25 students and 2 teachers that the Bank sponsors in Esna – Luxor, was converted to a technology education school. This is 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.

Continuing the cooperation with the Egyptian Food Bank, 25,000 healthy, balanced school meals were provided to the schools in the villages of Menya Governorate.

Sustaining the skills development and enhancement of people with disabilities, 24 beneficiaries were trained through Asdaa Association for Sophisticating the Deaf & Hard of Hearing. In addition, 175 blind trainees participated in Braille courses to empower and integrate them into the larger community in cooperation with Al-Akhbar Institution. Additionally 20 people of determination in Qena and Ismailia Governorates were trained on establishing small projects to achieve economic empowerment and financial inclusion, in partnership with Misr El-Kheir Foundation.

In a new initiative and in line with encouraging entrepreneurship, this year, EBank collaborated with Delta Foundation for establishing and running Fayoum Innovation Living Lab for Medicinal and Aromatic Plants.

This year, EBank continued to contribute to the yearly competition for presenting 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, representing a partnership between university students, leaders and businessmen, with the aim of narrowing the gap between university education and labor market.

Accordingly, the total amount spent on education during 2022 amounted to EGP 10,425,000.

Second: Health Sector

In order to achieve sustainability, the Bank carried out several community development activities, such as covering the chemotherapy and radiology treatment costs of 25 breast cancer cases treated in Baheya Hospital for Early Detection and Treatment of Breast Cancer, within the framework of the protocol signed with the Foundation. A team of the Bank’s management and employees visits the hospital periodically to provide the patients with psychological and moral support.

The Bank continued to offer support to Al Nas Children’s Hospital to perform 9 pediatric heart surgeries for children on waiting lists.

For several years, EBank also continued its donation to the Diabetes Research Unit, Kidney and Urology Center, Mansoura University Hospital, to conduct various scientific researches in stem cell therapy.

Additionally, this year, the Bank covered the expenses of performing 12 cardiac surgeries at Magdi Yacoub Global Heart Disease and Research Center in Aswan, in addition to chemotherapy and radiotherapy for 58 children with cancer at Shefaa Al-Orman Children’s Cancer Hospital in Luxor.

As part of the MOU signed between the Bank and Ibrahim Badran Charitable Foundation (IBF), EBank covered the cost of organizing 4 free medical / healthcare convoys, which were delivered to some villages of Beheira Governorate, where 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 Aswan governorates, which provided free of charge checkups and treatment, where around a total around of 5200 patients in need of medical help were served.

Moreover, the Bank this year covered the cost of chemotherapy for 50 child 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 of the Bank management and staff visited those children as well as the various sections of the hospital.

Additionally the Bank supplied a number of medical equipment for the Critical Care Unit at Kasr Al-Ainy Hospital, Cairo University, along with a number of therapeutic and exploratory medical supplies.

For several years, EBank continues to make an in-kind donation, this year, by constructing ceilings for 6 rooms 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 65 incapacitated girls with special needs.

The Bank also equipped Ahl Masr Hospital for Burns a Monitor Bedside Critical Care Unit, as the Bank has been contributing to its establishment during the construction phases of the hospital.

This year, the Bank covered the cost of providing treatments, prostheses and surgeries to 53 patients in Menya and Beni Sweif Governorates in cooperation with the Egyptian Cure Bank. In addition to medical checkups performed through a medical convoy organized in cooperation with Misr El-Kheir Foundation for around 500 patient with special needs in Qena, providing prostheses according to the need.

It is worth mentioning that EBank this year purchased and provided the new Cancer Institute in Sheikh Zayed (500500) with 70 electric chair for chemotherapy sessions, which will serve around 780 patients. Not only but also, the Bank also donated to the Association of Liver Patients Care (ALPC) in Dakahlia, for scientific researches, checkups, and treatments for nearly 1,000 virus B patients. In addition, some medical supplies, equipment and surgical tools were provided to Nuba Hospital to serve 1500 patients from Nuba and Aswan.
This year, the Bank supported Abul Reesh Hospital for children, and El Demerdash Hospital covering the cost of some medical supplies, surgical tools and equipment. Additionally, some special ophthalmology convoys to Fayoum governorate were covered by the Bank and organized in cooperation with Mervat Soltan Foundation.

Accordingly, the total amount spent on health during 2023 amounted to EGP 13,740,000.