Stanbic deepens corporate social responsibility -With $50,000 donation to 3 orphanages

Stanbic deepens corporate social responsibility -With $50,000 donation to 3 orphanages
By Masahudu Ankiilu Kunateh, Ghanadot

Accra, July 12, Ghanadot - Stanbic Bank Ghana, one of the leading universal banks operating in the country, has deepened its corporate social responsibility with the donation of quality assorted home equipment to three orphanages in Accra, Tema and Asiakwa, all worth at $50,000.

The items included sound system, television sets, furniture, refrigerators and household equipment.

While, others safety materials including fire extinguishers as well as poly tanks, indoor airconditioners unit, outdoor airconditioners unit and washing machines.

The beneficiary organizations were Osu Children’s Home, SOS Children’s Villages, both in Tema and Asiakwa and children at the Castle Road Hospital.

Making the donation in Accra, the Managing Director of Stanbic Bank Ghana, Mr. Alhassan Andani appealed to various homes in the country to continue to take good care of the children, saying “they are the future leaders”.

Touching on plans to meet the Bank of Ghana’s $60million minimum capital requirement for foreign banks operating the country, Mr. Andani disclosed that the bank would invest between $10million and $14million to support the bank’s drive to meet the directive, this year.

The Managing Director indicated that the bank was making great strides in the Ghanaian competitive banking industry, by organically opening branches across the length and breadth of the country.

Instructively, from just three branches in 2006, Stanbic Bank Ghana now has 22 branches throughout the country and poised to offer quality and prompt services to Ghanaians.
Mr. Andani, revealed that the bank has also improved its status from Tier 1 to Tier 3, according to Pricewater HouseCoopers ranking.
Ghanadot