Keystone Bank Offers N1bn to Boost Coronavirus Fight

March 30, 2020
Keystone Bank Olaniran Olayinka

Keystone Bank Limited has joined other responsible corporate organisations putting down resources to win the fight against coronavirus in Nigeria.

As part of a robust effort to combat the deadly COVID-19 outbreak in the country, the management of Keystone Bank on Sunday announced the donation of N1 billion for the purchase of relief materials, critical care facilities and protective gear to contain the spread of the virus.

The pledge was made during the Bankers’ Committee meeting held recently to support the Central Bank of Nigeria (CBN) in its bid to raise funds for the fight against coronavirus pandemic through the newly-formed Nigerian Private Sector Coalition Committee against COVID-19.

In a press statement, the Acting Managing Director of the lender, Mr Olaniran Olayinka, explained that the decision to make the pledge was part of the bank’s Corporate Social Responsibility (CSR) pillar to provide an enabling environment by improving the well-being and health of the communities wherein we operate.

“What we have is a situation that calls for an inclusive support for humanity. A time that all hands must be on deck to support the assiduous effort the government is making to manage the situation.

“The decision to support the government’s effort is consistent with our unshakable resolve to promote health initiatives which is very key pillar in our corporate social responsibility plans.

“It is also crucial in our role as a signatory to the principles of responsible banking by the United Nations Environment Finance Initiative working to achieve a sustainable future,” he said.

“At Keystone Bank, we remain firmly committed to our promise of supporting Nigerians to thrive and this means for us showing up when it matters most. For us, this is one of such moments,” he added.

Mr Olayinka expressed optimism that the current pandemic will soon be a thing of the past.

“I am very confident that the current prevailing health challenge will soon be an episode in the footnote of our history; we have the capable human resources, the will of the part of the government and the support of every Nigerian to end the pandemic at the earliest possible time,” he said.

Commenting further, Mr Olayinka noted that the donation is one of other support initiatives put in place by the bank to support the fight against the pandemic.”

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

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