Republic Bank Ghana, a subsidiary of Republic Financial Holdings Limited, has made a GHS200,000.00 donation towards the construction of a 100-bed COVID-19 Infectious Disease Isolation and Treatment Centre.
The donation forms part of the Banks efforts to contribute its quota to the building of several medical facilities in the country to fight against the coronavirus pandemic.
The COVID-19 Infectious Disease Isolation and Treatment Centre located at the Ga East Municipal Hospital, Kwabenya, is being funded through Ghana’s COVID-19 Private Sector Fund.
Speaking at the event, Managing Director of Republic Bank Ghana, Mr Farid Antar, lauded the initiators and trustees of the Ghana COVID-19 Private Sector Fund for the great initiative and work done so far.
He stated that:
“If we had known the existence of this fund earlier, maybe we could have allocated more to this project out of the GH1.1 million budget we had towards the COVID-19 intervention in Ghana.”
Receiving the donation on behalf of the Ghana Covid-19 Private Sector Fund, Chairman of the Trustees, Dr Anthony Oteng-Gyasi, thanked Republic Bank for the kind gesture.
“I believe the Ghanaian public appreciates what you do for the society apart from banking; your person to person relationship and your involvement in important events in this country. We see the role of Republic Bank in the everyday life of our nation and we are grateful,” he said.
Other trustees of the Fund, including, Mr Edward Effah, Mr Senyo Hosi and Mr Kwaku Bediako, also took their turns to appreciate Republic Bank for the kind gesture.
In March this year, the Republic Financial Holdings Limited announced that as part of its power to make a different initiative, a $2million contribution has been issued towards the fight against COVID-19 across 13 territories in which the Bank operates.
GHS1.1 million of the total amount was allocated to assist Ghana’s coronavirus situation.
COVID-19: Republic Bank donates 2 ventilators, ECG monitors to Ridge Hospital
In April this year, Republic Bank Ghana donated two Ventilator machines and ECG Monitors to the Greater Accra Regional Hospital, Ridge in Accra.
The ventilators and other equipment, valued at GHS 240,000.00, forms part of the Bank’s GHS1.1 million contribution towards the fight against the COVID-19 pandemic in Ghana.
Aside from this, Republic Bank in its quest to mitigate the economic impact of the coronavirus pandemic on businesses and staff, the Bank announced an offer of Loan Repayment Deferment for its customers and staff for six months, which begun from March this year.