Corporate Social Responsibility

As a leading and long-established financial institution, UGB has an enduring commitment to contribute to the social and economic well-being of the Kingdom of Bahrain. During 2010, the Bank continued to implement its corporate social responsibility (CSR) programme, which places special emphasis on charitable and community-based activities; education and career development opportunities for young Bahrainis; and development of the regional banking sector. In addition, UGB encourages and supports its staff to personally participate in a variety of community activities and fundraising events for charity.

Charitable and Community-Based Activities
The Bank has provided financial and practical support for numerous charitable, cultural, social, medical, educational, and environmental organisations and initiatives, including:

§     Over 80 approved Charity Funds across the Kingdom of Bahrain

§     Support for mentally challenged, psychiatrically sick, handicapped and blind people

§    Al Manar Parents Care, UCO Parents Care Centre, Royal Charity Organization, Al Sanabel Orphans Care

§     Hope Institute, Bahrain Disabled Sports Federation, and Friendship Society for the Blind

§     Red Crescent Society and Drug Rehabilitation Centre

§     Ministry of Social Affairs for welfare of the elderly, orphans, children and mothers

§     Bahrain Society for Children with Behavioural and Communication Difficulties

§     Bahrain Society For Child Development

§     Protection of Marine Resources, Environmental & Wildlife

§     AMH Island Classic Golf Tournament – annual fundraising for American Mission Hospital for upgrading the medical facilities of hospital

§     Bahrain Down’s Syndrome Society

§     Bahrain Association for Mental Retardation

§     Bahrain Marathon Relay and American Women’s Association Cherry Tree Trot

§     Bait Al Qur’an

The Bank has in the recent past also supported the Cardiac Centre at Bahrain Defence Hospital in Bahrain, Bahrain Centre for Studies & Research Centre for their research work on environmental issues and marine life, and was the major donor to the University of Bahrain for establishing their Analytical Laboratory

Education and Career Development for Young Bahrainis
UGB is a firm believer in promoting education. The Bank runs a scholarship program for the education of children of its own staff and also extends financial support to its staff for upgrading their educational and professional qualifications to enhance their skills sets. Other activities in developing education include:

§     Silver sponsorship of the Crown Prince’s International Scholarship Program (CPISP)

§     Supporter of the CPISP Mentoring Program

§     Sponsorship of TradeQuest - The Investment Trading Challenge

§     University of Bahrain / Bahrain Association of Banks Mentoring Program

§     Summer Internships for students to gain work experience

Development of Regional Banking Sector
UGB committed to the development of the local and regional banking sectors and is a member of a wide range of banking-related organizations and committees.