× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
×

Co-Operative Bank donates Sh100m to combat spread of Covid-19

BUSINESS
By Standard Reporter | Apr 6th 2020 | 1 min read
By Standard Reporter | April 6th 2020
BUSINESS

Co-Operative Bank has donated Sh100 million towards Emergency Fund to beef up State’s preparedness in fighting the coronavirus pandemic.

In a statement signed by the Group’s Managing Director and CEO Gideon Muriuki (pictured), the bank says that the donation is intended to help the government purchase more ventilators.

“The Board of Directors and staff of Co-Op Bank is honoured to support with key cash contribution of Sh100m, preferably to be allocated towards purchase of critical ventilators,” the statement reads in part.

“The outbreak of Covid-19 pandemic is the biggest crisis of our time, particularly in the effort to source the critical lifesaving medical supplies and equipment especially ventilators that are short in supply globally.”

The lender has commended the efforts by the government, particularly President Uhuru Kenyatta, for constituting the Covid-19 Emergency Response Fund Committee which it says will play crucial role in helping in fund management.

The group has called on other corporate organisations and well-wishers to donate to the Covid-19 kitty to help the country fight the virus.

Share this story
Leaders plead over permits payment
Machakos County Government has been urged to extend the deadline for payment of trade licences for at least three months to give relief to traders
China rejected Kenya's request for Sh32.8b debt moratorium
China is Kenya’s largest bilateral lender with an outstanding debt of Sh692 billion.
.
RECOMMENDED NEWS
Feedback