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Ecobank Explains $3million Donations Across Africa Over COVID-19

by TheConscience NG
April 20, 2020
in Business, Featured
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By Our Editor,

  • In line with its commitment to the continent, various contributions were made to support the efforts of governments, the World Health Organization as well as the private sector

Ecobank Group, a Pan African Bank, says it has donated about $3million to bolster coordinated measures against COVID-19 pandemic across its operations base in Africa.

The company explains that the gesture was  line with its commitment to the continent, various contributions were made to support the efforts of governments, the World Health Organization as well as the private sector in alleviating the effect of the pandemic on the most vulnerable on the continent.

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In a statement on Monday in Lagos, Ade AYEYEMI, Group CEO, Ecobank Group said: “Covid-19 is a major global threat adversely affecting all countries and our home, Africa, is particularly vulnerable. We believe in the importance of creating awareness in our communities, while also empowering them to protect themselves and their families as we battle the pandemic. We are particularly mindful of the needs of our communities and therefore focused on these to ensure positive impact both in our urban and rural areas. “

“With our knowledge of Africa, and to compliment various government efforts, we provided support in form of cash, healthcare equipment and supplies, strong and sustained awareness campaigns while also using our digital platform to provide cash to some vulnerable members of our societies, amongst others.

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“We are also paying attention to the effect of the COVID-19 outbreak on our various customers and have taken the decision to alleviate some of the adverse impact by making some bank charges free on our digital channels. We will continue to anticipate situations that may require our support as developments evolve, ” he added.

The Group CEO explained that for Ecobank, the health and well-being of staff and customers are the priority and the company closely followed guidance from the World Health Organisation, governments and health agencies.

Ayeyemi disclosed that the Bank is, “encouraging virtual/remote working, wherever possible and have since suspended physical gatherings, observing the required social and physical distancing in offices and branches which are open while also ensuring branches and ATMs are regularly disinfected across our network.

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We continue to promote good hygiene and health measures within our offices and externally using our social media platforms to sensitize the public on preventive measures needed at this critical period.”

The Group employs over 15,000 people and serves about 20 million customers in the consumer, commercial and corporate banking sectors across 33 African countries.

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