Audio By Carbonatix
Chief Executive Officer (CEO) of Stanbic Bank Ghana, Kwamina Asomaning, says the bank’s decision to donate GHC3 million towards Ghana’s 2026 FIFA World Cup campaign is part of its long-standing commitment to national development and sports promotion.
Mr. Asomaning made the remarks at the Ministry of Finance when he led a delegation from the bank to present the donation in support of the Black Stars’ participation at the tournament.
“We're here today, as you highlighted, to essentially throw our weight behind the sport of soccer specifically the Black Stars of Ghana's participation in the World Cup,” he said.
According to him, football has grown beyond entertainment and now plays an important role in promoting patriotism, discipline, and unity among Ghanaians.
“Soccer has assumed significant proportions such that it no longer is just for entertainment. It is an activity that builds a lot of national pride, national discipline, a focus on excellence, and it deepens the bonds amongst all of us as Ghanaians,” he stated.
The Stanbic Bank CEO explained that supporting the Black Stars aligns with the bank’s broader purpose of contributing to Ghana’s growth.
“At Stanbic, our purpose is that Ghana is our home and we drive her growth. And any growth endeavor relies on the people and the people are motivated to give of their very best when they have good feelings, good sentiments, and that's what the Black Stars has been doing for Ghana over many years,” he added.
Mr. Asomaning noted that the bank has consistently supported sports development in Ghana through sponsorship of several disciplines, including table tennis, armwrestling, badminton, lawn tennis, hockey, basketball, swimming, and football.
He further revealed that the GHC3 million donation has been structured into two parts, with one portion aimed at supporting the team’s immediate needs while the other serves as a performance incentive.
“We've structured our support in two ways. Half of it would be sort of a participation contribution such that it can address the more pressing needs and then we've also then put the other portion as an incentive to encourage the team to look beyond just the first round and to go further,” he explained.
The bank, he said, has also made arrangements for the performance-based portion of the donation to be redirected to a charity selected by the Black Stars should the team fail to reach the expected stage of the competition.
“We feel that structuring it this way strikes a very fine balance between providing for the immediate needs of the team and at the same time giving them an incentive to look beyond just showing up and striving for the very top prize,” he noted.
Mr. Asomaning concluded by assuring the Black Stars of the bank’s unwavering support ahead of the tournament in the United States, Canada, and Mexico.
“We'd like them to know that Stanbic Ghana is rooting very heavily for them. Those of us who can make it to find our way to New Jersey and Mexico and, I believe, Canada, we will follow them and give them our very best support,” he said.
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