Arab Bank Group announced its results for the first quarter of 2019 reporting 5.2% growth in net profit after tax of $231.8 million as compared to $220.3 million in 2018, with net income before tax increasing by 9.1% to reach $312.8 million. Group equity stood at $ 8.5 billion, while loans increased to reach $25.8 billion and deposits increased to $33.7 billion.

Mr. Sabih Masri, Chairman of the Board of Directors stated that the performance of Arab Bank Group confirms the success of the Group in generating strong results despite the backdrop of the challenging operating environment.

Mr. Nemeh Sabbagh, Chief Executive Officer, stated that the underlying performance of the Group continues on its growth path with first quarter results recording a healthy increase in net operating income. He added that the strong performance was driven by growth in core banking income with net interest income increasing by 7% as well as by lower provisions.

Mr. Sabbagh remarked that Arab Bank Group enjoys high liquidity and strong and robust capitalization. Group’s capital adequacy ratio stood at 15.5% as of 31 March 2019. He added that the asset quality of the Group remains high and that credit provisions held against non-performing loans continue to exceed 100%.

Mr. Masri expressed his confidence in the Group’s ability on delivering strong and sustainable results.

Arab Bank was named “Best Bank in the Middle East” for the 4^th consecutive year by Global Finance, New York.

With the advent of the holy month of Ramadan, Arab Bank offers its customers with Arab Bank Housing and/or Personal loans the opportunity to postpone April’s/ May’s monthly installment without fees. This can be done simply and easily through any of the bank’s branches across the Kingdom.

Commenting on this offer, Head of Consumer Banking at Arab Bank – Jordan, Mr. Yacoub Matouk, stated: “At Arab Bank, we continuously seek to provide our valued customers with comprehensive services and privileges in line with their needs and expectations throughout the year.” He added: “Through this offer, the bank aims to help in alleviating the financial burdens for its customers, especially during the holy month of Ramadan and Eid Al Fitr.”

It is worth mentioning that Arab Bank offers individuals a comprehensive range of financing solutions with competitive benefits including loan amounts tailored to customers' needs, flexible loan tenors and competitive interest rates within flexible and convenient process supported by a dedicated sales team.

Arab Bank has recently opened Dabouq Branch in its new location on Saleh Al Neamat Street. The new branch is equipped with a self service area in addition to a dedicated area for “Elite” customers. The opening comes as part of the bank’s strategy to reinforce its branch network and self service branches, and to provide its customers with advanced banking solutions based on the highest standards.

Commenting on the branch opening, Head of Consumer Banking at Arab Bank – Jordan, Mr. Yacoub Matouk stated: “Shifting Dabouq branch to the new location comes as part of the bank’s constant commitment to provide its valued customers with convenient and modern banking services and solutions designed to meet their needs and lifestyle.” He added: “The new branch offers a self service area equipped with the latest banking systems and technologies enabling us to offer our customers’ comprehensive services around the clock”.

In addition to the host of unique banking services provided to “Elite” customers, the branch offers a wide range of services to “Arabi Premium” program customers through a dedicated relationship manager. The branch also provides its customers with its usual banking services such as opening all types of accounts, auto loans, housing loans and credit card services in addition to direct banking services (Arabi Online, Arabi Mobile and others) around the clock, enabling customers to carry out transactions, pay bills, issue account statements and other services, easily and securely. The digital biometric service “Finger Vein Recognition” is also available at the branch to facilitate transactions and minimize time taken by eliminating paper work transactions. Additionally, the branch provides a range of banking services through its self service area, including: instant issuance and renewal of Debit and Credit Cards, instant issuance of account statements, instant Arab Bank Cheques cashing and depositing in JOD, cash withdrawals with higher limits and many other services.

In collaboration with the Charity Clothing Bank; one of Jordan Hashemite Charity Organizations (JHCO), Arab Bank has recently sponsored the World Orphans Day initiatives that took place in Aqaba, with the participation of the bank’s employees, where more than 90 orphans were hosted to participate in various activities related to Orphans' clothing program.

This sponsorship comes as part of the annual collaboration agreement between Arab Bank and the Charity Clothing Bank, which aims at providing clothing for 1200 orphans throughout the whole year. The program included many interactive activities for children with the participation of the bank’s volunteering team, such as entertainment film screening, healthy meals distribution in addition to shopping with children for clothes, shoes and toys.

It is worth mentioning that Arab Bank has taken an active role in the community by adopting a comprehensive strategic approach and collaborating with several NGOs to achieve economic, social and environmental sustainable development. ‘Together’, Arab Bank’s corporate social responsibility program is a multi-faceted program that works on improving and developing different aspects of the community. Through a variety of initiatives and activities, the program aims to serve the community in areas related to health, poverty alleviation, environmental protection, education, and orphan support.

Arab Bank has recently been named the “Best Bank in the Middle East 2019” by Global Finance, a New York-based international publication, for the fourth consecutive year.

Arab Bank was selected for this award based on an evaluation process for banks operating in the region. The evaluation was conducted by a panel of the magazine’s editors with input from international financial analysts, credit professionals, consultants, experts, financial executives and bankers across the globe. Such awards cover nearly 150 countries worldwide, including Africa, Asia and the Pacific, Europe, Latin America, the Middle East and North Africa. Criteria for choosing the winners included a set of digital performance standards, in addition to banking industry-related criteria, such bank growth in assets, profitability, geographic reach, strength of strategic relationships, new business development and innovation in products.

Commenting on this award, Mr. Nemeh Sabbagh, Chief Executive Officer at Arab Bank stated: “This international recognition is a true manifestation of the bank’s leading position in the region. It’s not based only on our solid financial results but it also takes into account our leading role in delivering comprehensive and innovative banking solutions to our valued clients across various segments, both locally and regionally.” Sabbagh added: “Receiving this recognition for the fourth consecutive year, reaffirms the bank’s ability to continue the successful implementation of its comprehensive strategy based on its solid institutionalized approach and its forward looking vision, despite the various challenges in the region.”

It is worth mentioning that Arab Bank, headquartered in Amman - Jordan, was established in 1930 and has one of the largest global Arab banking networks with over 600 branches spanning five continents. The bank provides a wide range of financial products and services for individuals, corporations and other financial institutions. Arab Bank’s extensive network covers key financial markets and centers such as London, Dubai, Singapore, Geneva, Paris, Frankfurt, Sydney and Bahrain.

Arab Bank exclusively sponsored the “DealMakers 2019” event, which recently took place at W Hotel, Amman and organized by “Endeavor-Jordan”. The event represented an interactive hub connecting entrepreneurs and investors through a number of networking events and workshops to support and stimulate investment in emerging and fast-growing companies in the Arab world and Jordan in particular. The forum was attended by over 75 investors representing 45 venture capital and private equity funds, and 25 angel investors and 90 entrepreneurs from 74 startups.

The “DealMakers 2019” activities included several workshops for entrepreneurs and investors, as well as interactive and analytical sessions on the investment environment in the Middle East, and Jordan's position among other countries in the region in addition to the role of investors in accelerating the growth of companies and opening new markets.

Commenting on Arab Bank’s sponsorship of this event, Miss Randa Sadik, Deputy Chief Executive Officer at Arab Bank, said: “This initiative organized by Endeavor represents an ideal platform to connect entrepreneurs from Jordan and the region with main investors towards optimizing the growth and scalability potential of startup companies both regionally and internationally.” Sadik added: “Holding such an event in Jordan reflects the prominent position the Kingdom enjoys with regard to entrepreneurship in the region and comes as part of the bank’s constant commitment towards supporting entrepreneurs through stimulating the entrepreneurial ecosystem which plays an instrumental role in achieving sustainable economic and social development.”

Miss Reem Goussous, Endeavor-Jordan's Managing Director, praised Arab Bank’s exclusive sponsorship of “DealMakers 19” by stating: “Arab Bank’s sponsorship is not only limited to annually sponsoring DealMakers, the bank is also a firm believer in Endeavor Jordan's mission to support entrepreneurs and startups by accelerating the high-impact of entrepreneurial companies that have a positive and tangible impact on society and sustainability.” Miss Goussous continued: “In return, we value this cooperation, especially the bank’s sponsorship of the DealMakers event, which paved the road for all entrepreneurs in Jordan to meet high profile investors and present their promising companies.”

Arab Bank’s exclusive sponsorship of such events comes as part of its constant efforts towards supporting the entrepreneurial ecosystem, focusing on entrepreneurs, creative thinkers and startups, offering them the opportunity to grow regionally and globally. This is especially important given that the entrepreneurial sector plays a vital role in catalyzing positive, sustainable economic and social growth.

Arab Bank recently sponsored the third edition of “The Palestinian Banking Sector in its Arab Environment” conference entitled “Fintech Innovations and the Future of Banking Services” which took place at the Kempinski Hotel, Dead Sea. The conference was organized by the Union of Arab Banks in cooperation with the Palestine Monetary Authority, the Central Bank of Jordan, the Association of Banks in Jordan and the Association of Banks in Palestine, under the patronage of H.E. Governor of Central Bank of Jordan and H.E. Governor of Palestine Monetary Authority, who delivered welcome speeches at the opening ceremony of the conference.

The two-day conference was attended by a large number of bankers, economists, business representatives and experts from Jordan and Palestine who have discussed a range of topics related to financial technology concerning central and commercial banks, including the role of central banks in supporting digital transformation and facing new organizational and regulatory challenges, digital technology and the development of financial services, the impact of technology startup companies on the future of FinTech and the traditional financial institutions, financial technology as a new mechanism to promote financial inclusion and support small and medium enterprises (SMEs), in addition to many other relevant topics.

Arab Bank's sponsorship of this conference comes as part of its constant commitment towards supporting specialized banking conventions and initiatives including those related to fintech and the future of banking services.

Arab Bank recently announced the winner of the Shabab program’s quarterly 2018 grand prize draw. The winner Mr. Assem Othman Ibrahim Abu Namous from Al Zarqa branch won a brand-new 2018 Mazda 3. This marks the 4th prize awarded consecutively, as part of the Shabab program quarterly draws.

Commenting on this occasion, Head of Consumer Banking at Arab Bank – Jordan, Mr. Yacoub Matouk stated: “Arab Bank will continuously carry out promotional campaigns as part of “Shabab” program throughout the year, aimed at encouraging our valued “Shabab” program customers to benefit from the program’s privileges and features.” He added: “Shabab program was specially designed to meet the evolving banking needs of youth, including savings, cards, digital banking and much more, in line with their current and future needs and lifestyle, whether they are university students or employees.”

It is worth mentioning that “Shabab” program provides a host of comprehensive banking and non-banking services designed specially for youth between the ages of 18-25 years, which include exemption from several banking service commissions, Visa Credit Card issued with an exclusive design and no monthly fees, free internet shopping card, personal loan up to JD 10,000 with no fees, special discounts and exclusive offers at selected merchants, along with monthly and quarterly prizes, and many other offers and benefits.

In collaboration with the Charity Clothing Bank; one of Jordan Hashemite Charity Organizations (JHCO), Arab Bank has recently sponsored the World Orphans Day initiatives that took place at the Charity Clothing Bank’s hall – Al Karak, with the participation of the bank’s employees, where more than 66 orphans were hosted to participate in various activities related to Orphans' clothing program.

This is the first initiative held in the governorates this year as part of the annual collaboration agreement between Arab Bank and the Charity Clothing Bank, which aims at providing clothing for 1200 orphans throughout the whole year. The program included many interactive activities for children with the participation of Arab Bank volunteers, including: entertainment film screening, healthy meals distribution in addition to shopping with children for clothes, shoes and toys.

It is worth mentioning that Arab Bank has taken an active role in the community by adopting a comprehensive strategic approach and collaborating with several NGOs to achieve economic, social and environmental sustainable development. ‘Together’, Arab Bank’s corporate social responsibility program is a multi-faceted program that works on improving and developing different aspects of the community. Through a variety of initiatives and activities, the program aims to serve the community in health, poverty alleviation, environmental protection, education, and orphan support.

Arab Bank was the Platinum Sponsor of “Jordan Digital Transformation for Banking and Government Sectors” forum, held recently at the Sheraton Hotel, Amman under the patronage of H.E. Governor of Central Bank of Jordan and organized by the Information and Communications Technology Association “Intaj”. The forum aimed at exploring the complexities of the digital transformation journey, taking an in-depth look into strategy and business model changes, cultural and organizational challenges, the technology underpinning the transformation and ways to monetize the new reality in government and banking sectors.

The forum was attended by over 400 participants from leading Jordanian banks and a number of government sectors and hosted a series of panel discussions with the participation of nearly 45 local and international speakers. Through the various panel discussions, numerous topics were covered including digital transformation in Jordan, Fintech in changing the financial service industry, driving digital transformation with technology vendors, top 6 digital transformation trends in government sector, artificial intelligence, business intelligence and machine learning in digital transformation, achieving digital transformation with cloud and security, blockchain for digital transactions and mobile payments, regulations and policies related to digital transformation, in addition to many other relevant topics.

Arab Bank's sponsorship of this forum is part of its constant commitment towards supporting specialized conventions and initiatives including those related to the technological and digital aspects, in view of the growing significance of digital transformation in the banking industry.

Arab Bank recently sponsored the “Combating Financial Crimes - Compliance with Evolving Global AML/CFT Standards” forum which took place at the InterContinental Hotel in Amman. The forum was organized by the Union of Arab Banks in cooperation with the Central Bank of Jordan, the Association of Banks in Jordan and the Anti Money Laundering and Counter Terrorist Financing Unit.

The two-day forum covered various working papers and included panel discussions led by senior bankers and professionals and AML/CFT experts from financial institutions in Jordan and the Arab region. The forum shed light on numerous themes and topics related to combating financial crimes that are of interest to both central and commercial banks including the global fight against financial crimes, the impact of advanced technology on compliance, global anti-money laundering and combating the financing of terrorism and proliferation (AML/CFT) standards, laws and legislations for the protection of information systems and reducing financial crimes, AML/CFT risks associated with crypto-assets, virtual currencies and blockchains in addition to many other relevant topics.

Arab Bank's strategic sponsorship of this forum is part of its constant commitment towards economic conventions and initiatives contributing to the development of the banking industry and supporting sustainable economic growth.

Arab Bank Group closed 2018 with solid results reporting net income after tax of $820.5 million as compared to $533 million in 2017 with net income before tax reaching $ 1.1 billion. The Group’s equity grew to reach $8.7 billion while the return on equity increased to reach 9.5%. In view of the solid results, the Board of Directors has recommended to the shareholders the distribution of 45% cash dividends for the financial year 2018.

The Group’s net operating income grew by 8% driven by growth in net interest and commission income. Credit facilities increased by 3% to reach 25.8 billon while customer deposits increased to reach $34.3 billion.

Mr. Sabih Masri, Chairman of the Board of Directors stated that the strong performance of Arab Bank Group confirms the success of the Group in dealing with the challenging and changing operating environment and reflects the Group’s prudent operating policies.

Mr. Nemeh Sabbagh, Chief Executive Officer, stated that the solid results of Arab Bank Group for 2018 were driven by sustainable growth in the underlying business, spread improvements and well controlled expenses. Mr. Sabbagh remarked that Arab Bank Group enjoys strong liquidity and robust capitalization. The Group’s loan-to-deposit ratio stood at 75% while capital adequacy ratio calculated in accordance with Basel III regulations improved to reach 15.6%. He added that the asset quality of the Group remains high, with credit provisions held against non-performing loans standing above 100%, excluding the value of collaterals.

As the legal cases filed in the US in 2004 have been put into finality, the Bank reversed $325 million of excess legal provisions into income. Also, and in line with the Bank’s conservative policies, the Bank booked $225 million impairment against the value of its investment in Turkey, the amount of which is mainly the result of currency depreciation.

Mr. Masri concluded by remarking that the encouraging results will continue to support the strong financial performance of the Group and its position in its markets.

Arab Bank was named “Bank of the Year in the Middle East for 2017” by The Banker – Financial Times, London and “Best Bank in the Middle East for 2018” by Global Finance, New York for the third year consecutively. The Bank also received 14 international awards from Global Finance for its corporate digital banking services in the region.

The 2018 financial statements are subject to the approval of the Central Bank of Jordan.

Arab Bank has launched the upgraded version of its corporate online platform “ArabiConnect”. Specifically engineered around corporate needs, “ArabiConnect” platform is a leading corporate digital solution offered by Arab Bank.

The end-to-end solution enables Arab Bank’s clients to conduct and execute cash management and trade finance transactions seamlessly, from a single point of access, anytime, anywhere. ArabiConnect’s comprehensive functionalities effectively cater to the evolving dynamics of the business environment in the region, furthering Arab Bank’s lead in transaction banking. Key functionalities of ArabiConnect include: comprehensive account management across corporate group entities, locally and across borders, effective handling of trade finance transactions, such as the issuance of letters of credit and letters of guarantees smoothly and efficiently, along with the instant settlement of corporate bills through local payment gateways, such as eFAWATEERcom in Jordan and others in the region. Additionally, the platform offers specialized liquidity management and cash flow forecasting modules for optimization of cash flow and liquidity.

Commenting on the launch of the platform, Ms. Nadya Talhouni, Senior Vice President, Head of Transaction Banking at Arab Bank stated: “Arab Bank is one of the leading banks in providing digital banking solutions to corporations across the region.” Talhouni added: “Today and following the launch of ArabiConnect, we offer our clients a state-of-the-art digital banking platform that enables them to manage and perform their banking transactions conveniently in a manner that helps them meet their business requirements and supports their growth."

“ArabiConnect” platform is part of Arab Bank’s fully integrated portfolio of smart digital banking solutions designed for the corporate sector and aligned with the latest advancements in the banking industry. The platform includes: “ArabiConnect – Mobile” application, enabling customers to carry out banking transactions around the clock from wherever they are.

It is worth mentioning that Arab Bank received 14 global awards in recognition of its consumer and corporate digital banking services across the Middle East in 2018. The awards included: Digital Bank of Distinction (Best Local Corporate/Institutional Digital Bank) in Jordan, Qatar, Bahrain and Lebanon as well as Best bank for Online Trade Finance Services and Best Online Cash Management Bank in Jordan.

Arab Bank has recently renewed its collaboration agreement with the Charity Clothing Bank, which is part of the Jordan Hashemite Charity Organization (JHCO), for the fifth consecutive year. The agreement aims at providing clothing for 1200 orphans throughout a whole year.

This collaboration reflects the bank's commitment towards achieving social cohesion through engaging in initiatives that support the underprivileged in the community. The bank will provide new clothes, shoes and toys for 1200 orphans across the Kingdom, with the participation of the bank’s volunteering team. In addition to the bank’s financial support, the volunteering team will assist the orphans in choosing their basic needs of clothing items, shoes and toys available at the Charity Clothing Bank’s distribution center in Amman and several other mobile centers across governorates.

Commenting on this agreement, Mr. Tareq Haj Hasan, Senior Vice President, Head of Branding at Arab Bank, said: “Arab Bank’s collaboration with the Charity Clothing Bank comes in line with the bank’s sustainability strategy and as part of its corporate social responsibility program ‘Together’. The program supports many initiatives that aim at achieving sustainable social and community development by supporting the underprivileged in the Kingdom.” He further added: “We are proud to renew our collaboration with the Clothing Bank for the fifth consecutive year and we appreciate the humanitarian role the Clothing Bank plays in supporting the community and the underprivileged families.”

Mr. Ayman Al Mufleh, Secretary General, Jordan Hashemite Charity Organization stressed the importance of renewing the agreement, stating: “Our collaboration with Arab Bank supports the implementation our strategic plans and complements our humanitarian work through supporting Orphan’s Day program and bringing joy to children.” He added that this cooperation reinforces the value of the social responsibility and its economic and social impact on underprivileged communities.

It is worth mentioning that Arab Bank has taken an active role in the community by adopting a comprehensive strategic approach and collaborating with several NGOs to achieve economic, social and environmental sustainable development. ‘Together’, Arab Bank’s corporate social responsibility program is a multi-faceted program that works on improving and developing different aspects of the community. Through a variety of initiatives and activities, the program aims to serve the community in health, poverty alleviation, environmental protection, education, and orphan support.

As part of Arab Bank's corporate social responsibility program “Together”, the bank recently signed a memorandum of understanding with the Royal Society for the Conservation of Nature to support the development and implementation of several community and environmental initiatives aimed at developing Fefa Village in Southern Ghour. The Royal Society for the Conservation of Nature will implement biodiversity projects through home gardens, greywater treatment and solid waste sorting for several houses.

The project aims at increasing environmental awareness in the village and enhancing sustainable development through deploying environmental initiatives as a mean to increase economic opportunities and improve the residents’ living standards.

Commenting on this initiative, Mr. Tareq Haj Hasan - Senior Vice President, Head of Branding at Arab Bank stated: “Our collaboration with the Royal Society for the Conservation of Nature is an embodiment of Arab Bank’s commitment towards achieving sustainable community development by supporting initiatives that deliver positive economic, social and environmental impact.” He added: “Our contribution to Fefa Village development initiative in Ghour Fefa area, represents a step towards leveraging local community empowerment efforts and provides opportunities that offer economic solutions that will positively impact the living standards for residents of this area.”

Mr. Yehya Khaled - Director General at RSCN confirmed: “The collaboration between RSCN and Arab Bank covers supporting and developing a number of environmental initiatives that contribute to uplifting the local economy and supporting local communities. We value the continuous collaboration with Arab Bank through its corporate social responsibility program, as Arab Bank is considered one of the first institutions to apply and optimize the concept of sustainability through encouraging its employees to volunteer in numerous initiatives.” Khaled continued, “We seek to continue this collaboration, as this is merely a first step towards changing the current reality of Fefa Village and transforming it to become an environmentally sustainable village in the future, where the model can then be applied to villages located near nature reserves.”

It is worth mentioning that Arab Bank has taken an active role in the community by adopting a comprehensive strategic approach working closely with several NGOs to achieve economic, social and environmental sustainable development. ‘Together’, Arab Bank’s corporate social responsibility program is a multi-faceted program that works on improving and developing different aspects of the community. Through a variety of initiatives and activities, the program aims to serve the community in health, poverty alleviation, environmental protection, education, and orphan support.

In recognition of the significant role played by its volunteers as part of the bank’s corporate social responsibility program “Together”, the bank has recently honored its employees who have participated in a range of volunteering activities and initiatives, throughout the past year.

The honoring ceremony took place at the bank’s head office building and was attended by Arab Bank’s Chief Executive Officer, Mr. Nemeh Sabbagh and Deputy Chief Executive Officer, Miss Randa Sadik in addition to several department heads and employees. This annual ceremony comes in recognition of Arab Bank’s employees who have volunteered their time and efforts during the year in various activities and initiatives aimed at serving the local community in many areas, including health, poverty alleviation, education, orphan support and environmental protection.

In his opening speech at the ceremony, Mr. Sabbagh expressed his pride and appreciation of the outstanding efforts exerted by the bank’s volunteers throughout the past year, stating: “Community support and volunteering are integral part of the bank’s culture. Our employees are always encouraged to participate in volunteering activities and initiatives stemming from the bank’s sustainability strategy which aims at optimizing the bank’s economic, social, and environmental impact and contributing to building a well-integrated volunteering framework in the community.”

Mr. Sabbagh added: “The constant increase in the number and hours of volunteering activities, reflects our employees’ deep understanding of the value of volunteering and their passion towards making a meaningful positive change in their community. It also embodies their true loyalty to their organization and society.”

Commenting on the participation of the bank’s employees in the program during 2018, Mr. Tareq Haj Hasan, Senior Vice President, Head of Branding at Arab Bank said: “The number of community initiatives carried out by the bank’s volunteers over the past year reached 61 initiatives, implemented by 359 employees from various departments, whilst the number of volunteers’ participations reached 1001.” He further added: “The total number of beneficiaries from the community initiatives and activities supported by the bank during the past year, as part of its sustainability efforts, has reached nearly 236,000 beneficiaries across the Kingdom.”

At the end of the ceremony, the employees expressed their deep gratitude and appreciation of the recognition they received from the bank which represents an opportunity for them to reaffirm their continued commitment towards supporting their community and contributing towards achieving sustainable development.

It is important to note that the program “Together” is not limited only to employee volunteering, but it also offers the bank’s customers the opportunity to support non-profit organizations that are participating in the program by making donations through the bank’s different channels; including: the internet banking service “Arabi Online” and telephone banking service “Hala Arabi”, in addition to the contributions that could be made at the bank’s branches and ATMs across the Kingdom. Moreover, “Together” Platinum card issued by Arab Bank provides its holders with the opportunity to support non-profit organizations every time the card is used.

Arab Bank adopts a comprehensive sustainability strategy and framework which drive the bank’s constant efforts to support sustainable social, economic and environmental development, working diligently with various stakeholders. One of the main pillars of this strategy is Arab Bank’s corporate social responsibility program “Together”, a multi-dimensional program which aims to develop various aspects of the community through different activities and initiatives contributing to the fields of health, poverty alleviation, environmental protection, education and orphan support.