Officials of The Trust Bank (TTB) are hopeful that the bank's corporate social responsibility projects, which targets deprived health and educational institutions, would still be undertaken even with the planned takeover by ECOBANK.
Seventeen institutions in the country received cash and other material support during TTB’s Corporate Donations Day on Friday.
The bank disbursed over GH¢146,000.00 to ten basic schools, three health institutions, three public universities and one special school in Accra and Kumasi.
Managing Director of TTB, Larry Yirenkyi-Boafo says the bank deems it most appropriate to reciprocate the kindness and love of society by giving back something in return every year.
“The bank has accordingly been setting aside a proportion of its profit after tax for charitable ventures and projects in diverse areas, particularly to deprived public institutions around the country”, said the MD.
The TTB donations policy is on education, health as well as sports and socio-cultural affairs.
The bank has disbursed over Gh¢843,000.00 in donations for social benefits since 2006.
Mr. Yirenkyi-Boafo said “it is our passionate belief that achieving financial success alone should not be the sole measure by which our performance is judged but also by the extent to which we are able and willing to return the kind love of society.”
It is however uncertain if TTB’s Corporate Donations for deprived communities would be continued with the planned Ecobank takeover.
Speaking to Luv FM, Mr. Yirenkyi-Boafo expressed hope ECOBANK would rather be committed to increasing the impact of the social contract.
“It is early days yet, but I also know as a fact that ECOBANK also operates their social responsibility. Their focus may not be the deprived schools that we have but they’re also looking at society as well. So as the two banks come together [and] as we discuss, who knows, it would have a bigger impact and a wider coverage,” he opined.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
I want to focus more on my education – Chidimma Adetshina quits pageantry
3 hours -
Priest replaced after Sabrina Carpenter shoots music video in his church
3 hours -
Duct-taped banana artwork sells for $6.2m in NYC
3 hours -
Arrest warrants issued for Netanyahu, Gallant and Hamas commander over alleged war crimes
3 hours -
Actors Jonathan Majors and Meagan Good are engaged
3 hours -
Expired rice saga: A ‘best before date’ can be extended – Food and Agriculture Engineer
3 hours -
Why I rejected Range Rover gift from a man – Tiwa Savage
3 hours -
KNUST Engineering College honours Telecel Ghana CEO at Alumni Excellence Awards
4 hours -
Postecoglou backs Bentancur appeal after ‘mistake’
4 hours -
#Manifesto debate: NDC to enact and pass National Climate Law – Prof Klutse
4 hours -
‘Everything a manager could wish for’ – Guardiola signs new deal
4 hours -
TEWU suspends strike after NLC directive, urges swift resolution of grievances
5 hours -
Netflix debuts Grain Media’s explosive film
5 hours -
‘Expired’ rice scandal: FDA is complicit; top officials must be fired – Ablakwa
6 hours -
#TheManifestoDebate: We’ll provide potable water, expand water distribution network – NDC
6 hours