Ecobank gives K100 million towards cyclone relief efforts
Ecobank Malawi on Friday released a K100 million relief package to the Department of Disaster Management Affairs (Dodma) in response to Tropical Cyclone Freddy.
The package is aimed at supporting and complementing the government’s efforts in offering first line relief items to those that have been adversely affected by the cyclone.
The bank will work in collaboration with the Malawi Government’s Department of Disaster Management Affairs (Dodma), who will give guidance and direction of where the relief items should be presented.
Ecobank Malawi Executive Director Weluzani Chingota said the bank felt duty-bound to support households that have been displaced by Cyclone Freddy.
“As a responsible corporate citizen, and in line with our Pan- African mission of supporting the communities we live in, we felt duty-bound to play our role in supporting some households that have been displaced due to the effects of Cyclone Freddy.
“Our thoughts and prayers are with all the families that have been displaced, injured and those that have lost their loved ones during this crisis,” Chingota said.
Dodma Director of Preparedness and Response Moses Chimphepo thanked Ecobank for allocating funds towards the noble cause.
“We would like to thank Ecobank for this kind gesture that will go a long way in assisting many households that have been affected by Cyclone Freddy. We would like to assure Ecobank and the general public that the relief package will be used for its intended purpose, thus, giving first line relief items to households that have been displaced during this crisis,” Kalemba said.
Ecobank Malawi Limited is part of the Ecobank Transnational Incorporated (‘ETI’ or ‘The Group’), the parent company of Ecobank Group, the leading independent pan-African banking group.
The Ecobank Group employs over 14,000 people and serves about 29 million customers in the consumer, commercial and corporate banking sectors across 33 African countries.
The group has a banking licence in France and representative offices in Addis Ababa, Ethiopia; Johannesburg, South Africa; Beijing, China; London, the United Kingdom and Dubai, the United Arab Emirates.
The group offers a full suite of banking products, services and solutions including bank and deposit accounts, loans, cash management, advisory, trade, securities, wealth and asset management.
ETI is listed on the Nigerian Stock Exchange in Lagos, the Ghana Stock Exchange in Accra and the Bourse Régionale des Valeurs Mobilières in Abidjan. For further information please visit www.ecobank.com
Matilda Chimwaza Majawa is a Features Reporter at Times Group. She is passionate about women and girls empowerment.