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Ceylon Commercial Bank has announced a partnership with the National Science Foundation (NSF) to further strengthen the Bank’s Science, Technology, Engineering and Mathematics (STEM) education project, bringing STEM education to selected underperforming schools in Sri Lanka. Offers. the bank said in a news release.
“This initiative, in collaboration with the Department of Education, comes a year after the bank helped establish 100 STEM smart classrooms across the island to provide digitized educational content. Under the MoU, the bank’s CSR trust will provide a list of schools implementing STEM projects and provide logistical support to launch STEM programs and conduct impact assessments.”
“Recognizing the rapid advances in technology worldwide and the increasing demand for skilled professionals in the STEM field, the Bank encourages the CSR Trust to implement this project to prioritize STEM education in local education systems. said that he had selected the
NSF also recommends schools deserving of STEM education support, assists the Bank in selecting and evaluating educational projects with impact at the country level, assists the Bank in designing training programs, and conducts subsequent impact assessments. I added that I will. Implementation of STEM programs. The parties will, among other responsibilities set forth in the agreement, identify and implement interventions to address the specific requirements of selected schools selected for the program.
Commenting on this cutting-edge STEM education program, Commercial Bank Chief Financial Officer Nandika Buddhipala said: Many of the fastest growing and highest paying jobs in the modern economy are in his STEM fields such as computer science, engineering and data analytics. By providing our students with a strong foundation in these subjects, we can ensure that the next generation of Sri Lankans are well equipped to succeed in the sought after careers. ”
He believes that by partnering with reputable government agencies such as the NSF, which is mandated to contribute to and strengthen Sri Lanka’s science and technology sector, the World Bank will benefit from the expertise it provides and contribute to the advancement of STEM in the world. He added that the project could be developed further. Advantages for larger groups.
STEM education helps develop critical thinking and problem-solving skills. Teaching students how to analyze data, design experiments, and solve complex problems, STEM education helps them develop the skills they need to succeed in any field. STEM education programs not only prepare students for future careers and develop his critical thinking skills, but also help foster innovation in the country and boost economic growth, the World Bank said. increase.
The biggest initiative of commercial banks in the area of corporate social responsibility is digital technology education in Sri Lanka. In September 2022, Bank donated his 250th IT lab based on a major community initiative to instill digital literacy in even the country’s most rural towns. It was also a key partner in the nationwide smart school initiative with 165 schools equipped with digital learning facilities. Our “Sipnena” online portal contains digitized school curriculum content, complete with practical videos and presentations to make learning easier for students.
The Sri Lanka National Science Foundation was established in 1998 as a successor to Sri Lanka’s Natural Resources and Energy Science Authority (NARESA), which was established in 1981. It fosters research, development and innovation to create a knowledge economy. NSF also works in capacity building, infrastructure development, technology transfer, and knowledge creation and sharing in all areas of science and technology to improve the quality of life.
Sri Lanka’s first 100% carbon neutral bank, the first Sri Lankan bank to be listed among the top 1000 banks in the world and the only Sri Lankan bank to be on the list for 12 consecutive years, Commercial Bank has 269 branches and operates a network of 943. Automatic machines in Sri Lanka. Commercial Bank is Sri Lanka’s largest lender to the SME sector and a leader in digital innovation in the country’s banking sector. The Bank’s overseas operations include Bangladesh and the Bank operates 19 of his branches. In Myanmar, there is a microfinance company in Naypyidaw. In the Maldives, we have a full-fledged Tier I bank in which we have a majority stake.
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