Audio By Carbonatix
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:
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.
Latest Stories
-
Joy Sports launches two dedicated 2026 World Cup build-up shows
7 minutes -
Pope says he will ‘speak out loud’ against war after Trump attack
22 minutes -
EcoGreen Oases Legacy initiative tackles unemployment and climate challenges with Green Skills Training in Tamale
25 minutes -
Britney Spears goes into rehab after driving under the influence arrest
26 minutes -
Mrs Constance Maku Quaynor Ruttmern aka Auntie Maku
33 minutes -
Pastor arrested over alleged attempt to bury five-month-old baby alive at Abofrem
45 minutes -
Titus Glover accuses NDC of U-turn on LGBTQ+ bill after winning power
48 minutes -
Chaos where there should be Gold: The Duffours, Bogoso & Katanomics
58 minutes -
‘Independence is not a luxury; it is a necessity’ – Amanda Clinton warns against subordinating Special Prosecutor
1 hour -
Prudential Bank urges suppliers to embrace efficiency, ethics and trust at 2026 Conference
1 hour -
Police begin manhunt for killers of Berekum Chelsea player after highway attack
1 hour -
85% of Ghanaians dissatisfied with government’s LGBTQ+ stance – APL poll
1 hour -
The infrastructure decision every growing business in Africa will face
1 hour -
Police launch manhunt after armed robbers kill Berekum Chelsea player on highway
1 hour -
Oscar Naasei earns high rating as Granada edge Cultural Leonesa
2 hours