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AfricaMoney | October 18, 2017

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Empowering youth: Barclays Mauritius to help youngsters gain financial freedom

Empowering youth: Barclays Mauritius to help youngsters gain financial freedom

Barclays Mauritius has invited non-governmental organisations (NGOs) from the island economy to submit youth empowerment projects by July 22, 2014. (Image: Company)

Financial services major Barclays has made a bid towards helping Mauritian youth, especially those from disadvantaged backgrounds, to develop employability skills in sought-after professions for achieving financial independence.

In this context, Barclays Mauritius has invited non-governmental organisations (NGOs) and other associations to submit youth empowerment projects by July 22, 2014.

This concept is closely aligned with Barclays’ objectives under the framework of its Community Investment Programme, giving it the fullest opportunity to put to use not only financial resources but also the skills and expertise to get people out of poverty and debt traps.

“Barclays wishes to accompany young people and help them realize their dreams,” said Renuka Jacquette, Community Investment Manager, Barclays Bank Mauritius Limited.

“Our focus is on the impact that the project proposed will have on the community, especially young people aged 10 to 35 years,” she added.

Accordingly, she invited NGOs and other associations, which share the commitment of Barclays to create a difference in the society, to fill and submit the form available on the Barclay’s website.

In the light of this call for projects, Barclays will proceed to a pre-selection stage to identify the most viable projects.

Subsequently, a team from the bank will conduct a thorough check to verify that all the stages of the projects submitted by the various NGOs are in line with the criteria established by Barclays.

Finally, follow-up will be done with the selected NGOs over a period of 6 months to make sure that the chosen project is evolving according to the set norms.

Barclays Mauritius:

Set up on 15 October 1919, Barclays was the first international bank to establish operations in Mauritius, providing a range of banking services to personal and corporate customers.

One of the most important landmarks achieved by Barclays on the financial front is that it pioneered offshore operations as the first financial institution to launch itself into the global business domain in 1990.

Almost a century later, Barclays Mauritius remains an indisputable player on the global business front, thanks to the expertise and business capabilities it boasts of, both locally and internationally.

Leveraging upon the global presence of Barclays through operations in 50 countries and building upon an extensive network in Africa, Barclays Mauritius is able to provide a complete range of sophisticated services spanning cash management, deposits, treasury, trade and lending to meet the needs of the most exacting customers.

Globally, Barclays has over 300 years of experience and is present across Europe, America Asia and Africa in over 50 countries with 48 million customers, 140,000 employees and 4800 outlets worldwide.

Source: Company Website

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