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
-
NIA issues new guidelines to protect personal data held by government agencies
29 seconds -
Telecel Women’s Month fireside chat urges women to step forward and lead
7 minutes -
RuffTown Records makes history with two female artistes nominated for VGMA Artiste of the Year
15 minutes -
Bolga Central MP Adongo reaffirms commitment to constituency as infrastructure works reach advanced stages
20 minutes -
Educating Girls, Building Nations: A legacy for Achimota School and Ghana
22 minutes -
GUTA demands single-digit lending rates, says high interest is killing businesses
28 minutes -
The hidden cost of cheap appliances: Why Ghanaian households and industries are paying more for electricity than they should
28 minutes -
Women farmers in Sekyere Central District empowered with mechanisation equipment
35 minutes -
GoldBod CEO defends Bank of Ghana’s gold sell-off as bullion prices plummet
37 minutes -
St. Martin’s Memorial Hospital rolls out free surgeries, screenings to boost women’s health in Odorkor
50 minutes -
We are putting in place incentives to attract them — Health Ministry on measures to send doctors to deprived areas
1 hour -
PBL celebrates Ghana Month with pride, patriotism
1 hour -
Doctors’ reluctance to accept postings to deprived areas serious – Health Ministry
1 hour -
We may be vulnerable but not ‘exceptional’ —NCPD Board Chair tells unemployed graduates with disabilities
1 hour -
AngloGold Ashanti Iduapriem mentors over 2000 UMaT freshmen through ‘Start Right, End Well’ programme
1 hour
