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National Bank of Fujairah donates AED 250,000 to HCT Fujairah's student aid programme

Funds will go towards purchasing laptops and iPads used by needy students in college

The National Bank of Fujairah (NBF) announced that it has donated AED 250,000 in support of Fujairah Higher Colleges of Technology's (HCT) financial aid program. The funds will go towards purchasing laptops and iPads for needy Emiratis enrolled at HCT for the new academic year.

HCT Laptops and iPads are fully integrated with the college's preparatory and career programmes, without which enrolled students would not be able to access the curriculum. NBF's donation covers all eligible financial aid applications for laptops and iPads this year. 

Brian Keenan, Acting Director of HCT-Fujairah, said: "We are delighted to receive this donation from the National Bank of Fujairah. The donation is a clear statement of NBF's commitment to nation building through supporting higher education opportunities for young nationals on the East Coast.  On behalf of the students who will benefit from this gift, I would like to extend heartfelt thanks to NBF for their generosity."

Alan Maitland Smith, Head of Internal Audit and Chairman of NBF's CSR Committee, said that NBF's sponsorship aligns with the bank's support of UAE's Emiratisation efforts: "NBF is privileged to be at the forefront of the country's development. With our support of HCT Fujairah's student aid programme, we were able to not only contribute to the Fujairah community but reach out to a talented pool of Nationals as well, many of whom may very well be potential leaders for the bank." 

Whilst NBF has recently achieved an Emiratisation ratio of 40.40%, it continues to augment its local resources through ongoing job rotation and training of existing staff as well as developing talented recruits for senior positions through its annual management trainee programme. Emirati staff and their families also receive access to a free and confidential counselling service as part of an employee wellbeing programme recently introduced to all staff, the first initiative of its kind for a local bank.

 

About National Bank of Fujairah PSC:

Incorporated in 1982, National Bank of Fujairah PSC (NBF) is a full services corporate bank with strong wholesale banking and trade finance expertise. Leveraging its deep banking experience and market insight within Fujairah and the UAE, NBF is well-positioned to build lasting relationships with its clients and help them achieve their business goals.

NBF's key shareholders include the Government of Fujairah, the Government of Dubai and business pioneer and community leader H.E. Sir Easa Saleh Al Gurg, KCVO, CBE. It is listed on the Abu Dhabi Securities Exchange under the symbol "NBF" and has a branch network of 14 across the UAE.

Corporate Communications Department
E-mail: CorpComm@nbf.ae
Telephone: +971 4 397 1700
Facsimile: +971 4 3972 371