Social Responsibility
In 2011, the Bank donated over 8 million Jordanian Dinars to its Abd Al-Hameed Shoman Foundation to support scientific research and studies in the humanities in Jordan and the Middle East. In late 2009, Arab Bank launched ‘Together’, a corporate social responsibility program that links four non-profits dedicated to poverty alleviation, education, health and environmental protection. In 2011, Arab Bank donated more than 177,000 Jordanian Dinars to the Together Program. In March 2011, Arab Bank Chairman Abdel Hamid Shoman announced the Bank would be partnering with the private sector and allocating one million Jordanian Dinars for development projects to help fight against poverty and unemployment in Jordan.
Read more about this topic: Arab Bank
Famous quotes containing the words social responsibility and/or social:
“If the Russians have gone too far in subjecting the child and his peer group to conformity to a single set of values imposed by the adult society, perhaps we have reached the point of diminishing returns in allowing excessive autonomy and in failing to utilize the constructive potential of the peer group in developing social responsibility and consideration for others.”
—Urie Bronfenbrenner (b. 1917)
“The one prudence in life is concentration; the one evil is dissipation: and it makes no difference whether our dissipations are coarse or fine; property and its cares, friends and a social habit, or politics, or music, or feasting. Everything is good which takes away one plaything and delusion more, and drives us home to add one stroke of faithful work.”
—Ralph Waldo Emerson (1803–1882)