UAE Interbank Football Tournament donates prize money to the Red Crescent projects
The annual tournament organised by UAE Banks Federation, saw Dubai Islamic Bank win the first place, with HSBC Bank in second place and Sharjah Islamic Bank team in third place. Abu Dhabi, United Arab Emirates – 13 March 2024:
UAE Banks Federation, the sole representative and unified voice of UAE banks, organised the Annual Interbank Football Tournament (IBFT) recently as part of its efforts to support social and charitable initiatives, and enhance cooperation between the member banks of the Federation and their role in serving the community.
In line with UAE Banks Federation social responsibility programmess, charitable initiatives, local community development and the promotion of sustainable development, the tournament prizes were dedicated to the Emirates Red Crescent’s charitable and humanitarian projects. Twelve teams from banks operating in the UAE took part in the tournament, which was organised in the presence of Jamal Saleh, Director General of UAE Banks Federation, a number of representatives from the association's member banks, their employees and their families.
Dubai Islamic Bank team won first place in the annual football tournament, while HSBC Bank came second and the Sharjah Islamic Bank team came third.
Mr. Jamal Saleh, Director General of UBF, said: "Organising the annual interbank tournaments for UBF members is an affirmation of the banking sector's commitment to its social responsibility. These initiatives are organised under the direct supervision of Central Bank of the UAE, which is keen to establish the standards of social responsibility, corporate governance, transparency and sustainable practices."
He added: "Our role is not limited to motivating and supporting the member banks of the Federation to provide advanced banking services and products in a safe and smooth system, but also extends to strengthening relationships among banking community, working together for the overall benefit of society, motivating employees to adopt healthy habits through the promotion of sporting activities and providing an appropriate for them to exercise their social responsibilities."
The Director General of UAE Banks Federation expressed his gratitude and appreciation to the participants of the tournament: "The banking sector plays an important role in supporting and developing various sports by sponsoring tournaments, teams and participants and contributing to social responsibility initiatives. The IBFT is characterised by the fact that it offers the employees of member banks the opportunity to make a direct contribution to supporting these initiatives.”
IBFT was launched in 2019 as part of the UBF initiatives to encourage member banks to promote social responsibility, improve the working environment and participate in various sports, environmental and awareness-raising activities.
