The Republic Bank in Grenada recently contributed US$40,000 in medical equipment and supplies to the Caribbean country’s coronavirus (COVID-19) relief efforts as part of its ‘Power to Make a Difference’ programme.
“As one of the leading financial institutions in Grenada, the Bank takes its corporate social responsibility very seriously, and is extremely pleased to lend assistance to our nation, in the fight against the coronavirus pandemic,” the financial institution stated in a release.
“To this end, in collaboration with the Ministry of Health, Republic Bank today officially handed over medical equipment and supplies critically needed for use in the fight against this dreaded disease,” Republic bank continued.
Last month the bank’s regional parent, Republic Financial Holdings Limited, issued a press statement with a commitment to donate US$2 million across territories in which it has franchises.
Republic underscored that the aim of its Power to Make a Difference programme is to offer assistance in the various causes with which the people of the Caribbean engage. The region’s response to the novel coronavirus pandemic is, therefore, another cause to which the bank has pledged its support.
During the handover of the equipment and supplies to Grenada’s Ministry of Health, Republic Bank’s General Manager — Credit Kalawatee Bickramsingh pointed out that the donation represents “another step towards addressing some of the immediate needs of our citizens” and aligns with our parent company’s initiatives under the Power to Make A Difference programme.
She also emphasised the bank’s commitment to “both long-term rebuilding efforts and the immediate requirements in the fight against COVID-19 across all the territories in which it operates”and to assisting the most vulnerable.
First introduced in 2004, Republic Bank’s Power to Make a Difference has four pillars. The donation of medical supplies and equipment falls under the programme’s ‘Power to Care’ pillar.
“[This donation represents] another step towards addressing some of the immediate needs of our citizens.”— Kalawatee Bickramsingh, general manager — credit, Republic Bank (Grenada) Limited
Bickramsingh also reiterated the bank’s commitment to assist its customers with their financial needs. She, therefore, highlighted that Republic, at the beginning of the coronavirus outbreak, offered its customers a six-month moratorium on their loan payments.
“We stand ready to provide our unwavering support to our customers and look forward to partnering with the business community as we move through this unprecedented period. We wish to take this opportunity to thank all stakeholders who have been working around the clock over the past weeks to ensure to our nation is safe. Hats off to all our frontline workers!” Bickramsing said.