Bank to sponsor new Parents Care Home
Manama, April 18, 2012
Leading Bahrain-based Islamic bank, Khaleeji Commercial Bank (KHCB), has announced its sponsorship of the construction of a new building in Muharraq to provide care for parents and elderly.
The center will carry the bank's name and will be managed and supervised by the Good Word Society, a statement from KHCB said.
The announcement about building KHCB’s Parents Care Home was made at the bank's head office at the Bahrain Financial Harbour in the presence of the president of Muharraq Parents Care Home, Khalifa Bin Ahmed Al Dhahrani, and Dr Fuad Abdulla Al Omar, chairman of the board of directors of KHCB, in addition to members of the bank's executive management and members from the Good Word Society supervising the project.
“The project is considered one of the most important voluntary work, charitable Waqf (endowment) and on-going charitable deeds in our Kingdom,” Al Dhahrani said. “KHCB Parents Care Home will be in line with Bahrain’s strategy which focuses on the development of the elderly care services through the National Committee formed by HM King Hamad Bin Isa Al Khalifa, and has been charged by the Kingdom's government with the task of drawing up a strategy and executive plans to develop the services provided to the elderly in Bahrain to be on par with international services in this field.”
“We will work in conjunction with the bank to make the Parents Care Home a unique model for charitable and social work in the Kingdom through the services which will be provided by it," he said.
“This initiative reflects the attention paid by the shareholders to make the bank play an active role in charitable and social work in the Kingdom. The project also comes as part of the corporate social responsibility strategy adopted by the bank's board of directors which aims at contributing in an active way to the social and charitable projects adopted by civic society organisations in the Kingdom,” Dr Al Omar said.
“We will make KHCB Parents Care Home a manifestation of loyalty and recognition of parents' and the elderly's favourite by providing them with social, health and psychological care and spreading positive social concepts which focus on their contribution to social and development activities through the projects and programmes sponsored by the Parents Care Home," he added.
KHCB will co-ordinate with the Good Word Society in choosing a professional and highly efficient team to manage the project and supervise the programmes and activities to be provided by it, including psychological counseling and health services to the home's dwellers. – TradeArabia News Service