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Social commitment

Education and employability: two of the bank’s key areas of social action

Bankia nurtures youth talent and employment through music

Bankia believes that music represents the entity's own values: professionalism, integrity, commitment, closeness and achievement orientation.

Communication Bankia

By  Communication Bankia

Publish on 
06 August 2019 - 12:00

  • Music reflects the financial institution’s core values: professionalism, integrity, commitment, closeness and especially, focus on achievement.
  • The Bankia Symphonic Orchestra (OSB) employs 52 young people between 22 and 31 years old from across Spain.
  • In the Autonomous Community of Valencia, the project Bankia Escolta València [Bankia Listens to Valencia] develops and promotes the culture of music in the region through scholarships, awards, concert series and a programme of activities to recover musical heritage.

Bankia is nurturing youth talent and employment through music across Spain. Education and employability are two of the key areas of social action of the financial institution, which sees music as a cultural vehicle that can play a crucial role in social cohesion and development.

As part of its pledge to society, Bankia runs a number of initiatives including the Bankia Symphonic Orchestra (OSB) and Bankia Escolta València [Bankia Listens to Valencia]: two projects through which it aims to help new generations as they move out of education and into the workplace.

For Bankia, music reflects its core values: professionalism, integrity, commitment, closeness and especially, focus on achievement. The financial institution also supports these initiatives as part of its commitment to the Sustainable Development Goals (SDGs), specifically SDG 4: Quality Education.

“We are committed to our young people and want to help them develop the skills – especially of a technical and professional nature – needed to not only find a job but also decent employment”, notes Bankia’s deputy general director of communication and external relations, Amalia Blanco.

“Part of our efforts in the areas of social action focuses specifically on enhancing education and employability, in particular among the youngest in society who are our future. Offering these new generations a smooth transition out of education and into the workplace is absolutely essential”, Blanco adds.

The Bankia Symphonic Orchestra (OSB) was established in 2015 to discover musical talent, provide continuous training and help people gain employment. It comprises 52 young musicians between 22 and 31 years old who have completed their education but not yet found a stable position with an orchestra.

Commitment to culture and music

The OSB, directed by José Sanchís, aims to bring music closer to the whole of society as a universal language, developing and raising awareness of culture of music and enhancing the professional development of young artists.

The young people joining the OSB are given an employment contract and, for some, it is their first job. It often serves as a stepping stone to finding a place with major national orchestras such as the National Spanish Orchestra, the Teatro Real Orchestra, the Palau de Les Arts Orchestra, the Orchestra of the Autonomous Community of Madrid or the Symphonic Orchestra of Castile-Leon, as well as foreign orchestras including the Berlin Philharmonic Orchestra, the Munich Philharmonic Orchestra or the Mahler Chamber Orchestra.

In 2014, Bankia also launched in the Autonomous Community of Valencia (where it is headquartered) the project Bankia Escolta València [Bankia Listens to Valencia]: a partnership movement programme represented by the Autonomous Community of Valencia’s Federation of Musical Societies (FSMCV) in conjunction with the Valencian Institute of Culture (IVC).

Scholarships are awarded under the programme for students completing non-official courses to encourage them to study music, which have already benefited over 4,400 students from music schools. Additionally, the programme includes the Bankia Competition for Orchestras of the Autonomous Community of Valencia and the Bankia Awards for Musical Talent.

“Musical groups in the Autonomous Community of Valencia are a massive social and cultural phenomenon. A phenomenon that reaches all corners of the region through an extensive musical community found everywhere from small villages to cities, districts and provinces”, says Amalia Blanco, adding that “music is something Valencians are part of from being a child because they learn it from being small and share it throughout their lives”.

Bankia Escolta València is also behind an initiative to recover musical heritage called Música a la Llum [Music into the Light], which aims to unlock the value of the cultural heritage stored in musical societies’ archives. It is also involved in refurbishing the historic building known as the Alquería Juliá, which was declared a National Artistic Monument (MAN) in 1978 and a Place of Cultural Interest (BIC) in 2007, to convert it into the ‘Casa de la Música’ [House of Music].

Bankia’s efforts to promote music also includes backing initiatives such as the Bankia Príncipe Pío Theatre in Madrid, the City of Granada Orchestra, the San Javier Jazz Festival (Murcia), the Torrent de Pareis Concert on the island of Majorca, and Christmas concerts in partnership with foundations in each area, among others.


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