The theme for this year’s internship programme for students aged 14 to 18 years is ‘Saving for the Future’
Commercial Bank has launched its second Young Bankers summer internship programme, “Saving for the Future”.
The programme is designed to instil a savings culture in the younger generation and guide customers to take a responsible approach to systematic saving, according to a statement from the bank.
The theme for this year’s internship programme for students aged 14 to 18 years is “Saving for the Future” and focuses on providing the interns with real-life work experience in Commercial Bank branches.
This year, the bank has received an “overwhelming interest” from parents and participants and hence decided to increase the number of seats, inducting more than 100 interns for the programme for two months, the statement notes.
The internship was launched with a two-day workshop to train the students and ensure that they had an in-depth and practical working knowledge of Commercial Bank’s range of alternative banking channels. In line with the scope of this year’s internship programme, the Young Bankers have been trained on the benefits of Commercial Bank’s savings products.
Savings products continue to be a key business priority for Commercial Bank and the Young Bankers are now located at many of the bank’s retail branches tasked with guiding customers to save for their future, the statement adds.
The internship programme will help the Young Bankers acquire new financial knowledge about the benefits of saving in a real-time, customer-facing environment, under the assistance and guidance of professional Commercial Bank branch staff.
Commercial Bank CEO Abdulla Saleh al-Raisi said, “Our Young Bankers summer internship is another Commercial Bank initiative that benefits the community, as we believe that financial education is vital for the younger generation - it empowers them to take control of their personal finances and make sensible decisions on how to save and invest their extra income in a socially responsible way.
“Savings is an essential part of planning for the future, and I am delighted that our Young Bankers are taking the first step in this direction.”
Commercial Bank AGM, head of retail branches, Reham Sabri Thawabi added, “The Young Bankers are now equipped with state-of-the-art technology, such as iPads, to show our customers how simple changes in terms of how they manage money can help grow their savings faster, at no extra risk. The eagerness and enthusiasm shown by the Young Bankers, coupled with Commercial Bank’s market-leading savings products, will help our customers save better for the future.”
