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In line with its interest to support and promote youth empowerment, Commercialbank announced its partnership with The Youth Company (TYC), the first youth-run social enterprise in Qatar.
TYC is recognised for creating various educational, community engaging, volunteering, career-oriented, and consulting programmes, which directly and indirectly facilitate the growth and development of youth in different aspects.
Commercialbank and TYC said they plan to collaborate on different programmes that ensure a “long-lasting positive social impact” on the youth segment in Qatar.
To celebrate this partnership, Commercialbank and TYC recently hosted their first annual “Spelling Bee competition” at the bank’s flagship branch on D Ring Road, inviting students from various schools in Qatar to participate.
The Spelling Bee was a live competition where contestants, children aged between 11 and 14, were asked to spell English words. The aim of the competition was to improve their spelling, increase vocabularies, and learn language concepts to develop correct English usage.
The first prize winners of each age group took home an iPad 3 and a budget of QR5,000 for their school’s next major annual event.
Commercialbank has previously supported other initiatives sponsored by TYC, such as International Youth Day and International Literacy Day.
Dean Proctor, Commercialbank executive general manager (Retail and Consumer Banking) said, “At Commercialbank it is our ambition to enrich the future of our youth both in personal and professional development and we would like to convey TYC’s youthful spirit. Today’s youth are faced with great challenges and opportunities, primarily due to the current unprecedented global environment. We are happy to be associated with TYC given their internship website, Qatar’s National Internship Portal – internship.qa, is a testament to their quest in supporting the development of the youth.
“Through this platform we would like to inspire young children and help them develop their abilities at a young age to become enterprising students and eventually professionals and entrepreneurs. This association will enable us to raise awareness about the products and services offered by the bank including education loans that are aimed to support the youth in developing and empowering their own future.”
Commenting on the partnership with Commercialbank, Diego Pinzon, TYC acting executive director said, “Being an organisation that strives to empower and develop young talent we are focused on creating life-changing experiences for Qatar’s youth. The youth company’s partnership with Commercialbank will no doubt create more opportunities for various initiatives that encompass mentorships, training programmes on leadership including self-discovery and to know how to lead organisations and activities around corporate social responsibility.”