PIB supports more than 50 entities in Q1 2023 in line with its Sustainable Social Responsibility Program
Palestine Islamic Bank (PIB) supported more than 50 entities during the first quarter of 2023, as part of its Sustainable Social Responsibility Program.
The Bank’s support encompassed establishments and bodies of various sectors, namely education, health, support of persons with disabilities, and economic empowerment, since such sectors play a crucial role in achieving sustainable development.
Support was offered to 23 educational establishments. It targeted renovation works for school facilities, offered educational equipment and tools, and supported scientific research efforts through the PIB Annual Award for Scientific Research, an event held in partnership with the Ministry of Higher Education and Scientific Research.
The Bank also supported 14 bodies involved in the health sector and in offering services to individuals with disabilities in various governorates. Such support would foster the health activities and services offered by the beneficiaries and would contribute to improving the quality of health services offered to citizens.
Furthermore, PIB supported 10 charities aimed at achieving economic empowerment. Support included providing essential supplies for their work and aiding such associations to keep offering their services in their relevant fields of work, including orphan and elderly care, supporting individuals with disabilities, and offering various social services. PIB also launched a project for renovating 4 houses for needy families with Falastin Al-Khair Foundation.
Dr. Imad Al-Sadi, PIB General Manager, stated that the Bank is committed to its social responsibilities duties. This commitment stems from the belief of its staff in the importance of such role and in the necessity of consolidated efforts among all institutions to support vital sectors and thus promote development and growth.
He noted that the projects executed by PIB in this respect are carried out through institutional partnerships with key sectors, namely health, education, and offering clean water, as such efforts contribute to achieving the global Sustainable Development Goals.
Al-Sadi further stated: “The 2022 positive financial performance results have greatly impacted the Bank’s 2023 Q1 performance in social responsibility. These efforts will remain throughout the year and will lead to an increase in the number and scale of our projects based on our 2022 achievements, where support was offered to more than 140 bodies.”
He also asserted that 2023 will feature many volunteering activities involving PIB’s team members, namely since such activities would foster the spirit of belonging and giving.
PIB’s Sustainable Social Responsibility Policy attaches the utmost importance to the Bank’s contribution to development. It also stresses on having an active role in serving the community, ensuring our People’s relief, enhancing their quality of life, and fostering their resilience amidst their difficult living conditions, in line with the global sustainable development goals.