STANBIC DONATES OXIMETERS FOR COVID-19 FIGHT
LUSAKA, ZAMBIA – Stanbic Bank Zambia has donated 1,000 state-of-the-art pulse oximeters worth ZMW 250,000 to the Ministry of Health to assist in treating COVID-19 patients.
Stanbic Bank Chief Executive Officer Leina Gabaraane said the unprecedented outbreak required nothing less than full commitment from all stakeholders if the country was to have any chance of defeating the virus.
He noted that government had so far done a remarkable job in limiting the spread of the virus through various interventions, adding that Stanbic was prepared to play its part in supplementing government’s efforts to fight the pandemic.
He said: “In this very difficult time of uncertainty, I wish to express our unrelenting commitment towards ensuring our clients, and of course the general public are safe and that their wellbeing is a key priority for us.
“As a good corporate citizen of the Republic of Zambia we fully endorse all measures taken by government and will consequently ensure that we fully abide with all the measures as stipulated by the Statutory Instrument (SI) No 21 and 22 of 2020.
“Containing the virus is not government’s responsibility alone; we must all play our part because Zambia is our home, we must fight for her health, and drive her growth.”
Speaking during the COVID-19 Ministry of Health Press Briefing Dr. Kennedy Malama, P.S Technical Services at the Ministry of Health said “We wish to thank Stanbic Bank Zambia Limited for their pledge of 1,000 pulse oximeters. This donation will go a long was in aiding our response.”
Last year Stanbic contributed to this fight by donating three modern ventilators to the Ministry of Health to help increase their capacity to provide effective treatment to patients.
-Ends-
About Stanbic Bank Zambia
Stanbic Bank Zambia is part of the Standard Bank Group, Africa’s largest bank by assets.
Standard Bank Group reported total assets R2.3 trillion (about USD163 billion) at 31 December 2019, while its market capitalisation was R277 billion (USD20 billion).
The group has direct, on-the-ground representation in 20 African countries and in 5 global financial centres. Standard Bank Group has more than 1 100 branches and 9 000 ATMs in Africa, making it one of the largest banking networks on the continent. It provides global connections backed by deep insights into the countries where it operates.
Stanbic Bank Zambia is the largest bank in Zambia by balance sheet and provides the full spectrum of financial services. Its Corporate and Investment Banking (CIB) division serves a wide range of requirements for banking, finance, trading, investment, risk management and advisory services. Corporate and Investment Banking delivers this comprehensive range of products and services relating to: investment banking; global markets; and global transactional products and services.
Standard Bank’s corporate and investment banking expertise is focused on industry sectors that are most relevant to emerging markets. It has strong offerings in mining and metals; oil, gas and renewables; power and infrastructure; agribusiness; telecommunications and media; and financial institutions.
Stanbic Bank Zambia’s Personal and Business Banking unit (PBB) offers banking and other financial services to individuals and small-to-medium enterprises. PBB serves the increasing need among Africa’s small business and individual customers for banking products that can meet their shifting expectations and growing wealth.
For further information, go to http://www.stanbicbank.co.zm/