Capital Bank and the Elia Nuqul Foundation recently signed a partnership agreement whereby the bank will offer scholarships to students from the foundation in order for them to further their higher education in the banking and fiscal fields.
According to the agreement, the bank will cover all tuition fees in addition to a monthly living stipend for all students selected by the foundation on the basis of academic excellence and scholarly abilities.
The agreement was signed by Capital Bank General Manager Haytham Kamhiyah and Elia Nuqul Foundation Board of Trustees Chairman Ghassan Nuqul, and was witnessed by General Manager of Elia Nuqul Foundation Randi Abdeen and Khaldoon Rababaa, the bank’s corporate communications and social responsibility manager.
During the signing, Kamhiyah re-iterated the bank’s commitment to social responsibility towards the local community by continuously launching sustainable initiatives and sustained support for basic and varied development sectors in order to strengthen the national economy, with the backing extended to youth in this respect being of special importance.
Kamhiyah added, “We hope that these scholarships offered by Capital Bank in partnership with the Elia Nuqul Foundation will motivate the youth towards excellence and hard work to facilitate their entry into the labor market and fulfill their ambitions.”
Also speaking at the signing, Nuqul stated, “This agreement furthers the partnership between our foundation and the banking sector in Jordan, specifically Capital Bank. We are looking forward to a long-term and fruitful partnership,” adding that this agreement will make a big difference in empowering our youth and meeting their ambitions. Nuqul went on to say that “the students who will be awarded these scholarships will engage in comprehensive methodological and non-methodological training for the purpose of fostering their skills, gearing them up to enter the job market.”