SAIB sponsors 30-day sports challenge under CSR

16 / 01 / 2022

By Ahmed Abdel Qawi - | Edited by Marwa Nassar

The SAIB bank decided to sponsor the 30-day virtual sports challenge which was announced by Youth and Sports Minister Ashraf Sobhi within the framework of its corporate social responsibility (CSR) activities.

SAIB Board Chairman and Managing Director Tareq Kholi said the bank will issue pre-paid cards for all participants in the challenge and these cards will be charged by financial gifts.

The gifts will be added as credit in the cards, he said, noting that this is meant to encourage youths to practice sports and support financial inclusion.

He added that the bank’s support for the activities of the Youth and Sports Ministry is part of its backing of the state’s national development plans in various fields and sectors.

Youth and Sports Minister Ashraf Sobhi announced during a press conference the launch of the second edition of the 30-day virtual sports challenge in February.

The challenge includes a group of sports such as walking, running, and biking, in addition to activities suitable for people with special needs, added Sobhi.

The participants, who complete the challenge, will get medals and certificates, he pointed out.

The challenge aims at encouraging all family members to play games and practice sports at any places they choose, according to him.

The ministry is adopting a policy aimed at establishing sport activities as a lifestyle in the society, Sobhi said.