This was revealed by Dr. Zakaria Ahmed Hejris Chief Executive Officer of GBCORP on the sidelines of the signing of a memorandum of understanding (MoU) with the United Nations Industrial Development Organisation (UNIDO) said that GBCORP’s Fund would be part of bank’s Corporate Social Responsibility.
“Being a Bahraini bank we have a responsibility towards the development of the national economy, supporting entrepreneurs, creating job opportunities and providing opportunities for youth,” Dr Zakaria explained.
The head of UNIDO Bahrain Dr Hashim Hussein signed the MoU and said that he was overwhelmed with the success of UNIDO by bringing the financial institutions as its partners to finance the various projects.
UNIDO will replicate this model in other countries as well. “Such partnerships will usher in a new era for the businesses and we are seeking to help the health, tourism, transport and all other growing sectors in Bahrain.”