Absa Bank Ghana have donated GHS 1 million to the COVID-19 National Trust Fund to help fight the virus in Ghana.
As a demonstration of Absa Bank Ghana’s commitment to help in the fight against the Coronavirus, the bank has donated an amount of GHS1 million to the COVID-19 National Trust Fund set up by the Government.
The donation is towards the procurement of test kits and Personal Protective Equipment (PPE) to support increased testing and the protection of our front line health workers.
Additionally, the bank has reduced its lending rate by 2% on qualifying Personal, SME as well as loans to other impacted industries.
These measures take effect from 1st April, 2020 and will be implemented across loans due in April 2020, subject to the necessary arrangements with the bank.
Last week, as a way of supporting customers, the bank waived charges on interbank instant transfers on its digital channels and also made mobile money transfers of up to GHS100 daily free.
The bank, in a statement, indicated that in the face of the challenges customers are facing due to the COVID-19 pandemic, it was only right that the bank offered some relief to help customers remain in business.
Speaking on the support from the bank, the Managing Director, Abena Osei-Poku said,
“We have been closely monitoring developments and the growing concerns on COVID-19 in Ghana and the rest of the world as well as reports from government and health institutions.
This pandemic is nothing we have seen before and is very alarming, to say the least. As a caring bank, it is important for us to support our customers who keep us in business.”
Source: vibeweek.com
