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Business News of Monday, 26 January 2009

Source: GNA

The Trust Bank donates GH¢63,000 to needy institutions

Kumasi, Jan 26, GNA - The Trust Bank has donated GH¢63,000 to the Maternity Block of the Korle-Bu Teaching Hospital, the Ghana Society for the Blind and twelve deprived Basic Schools in Accra and Kumasi as part of its corporate social responsibility. The beneficiary Basic Schools are the Anumle Cluster of Schools at Achimota, Madina II and III Cluster of schools, Christ Faith Mission, Adjiringo Basic School, Ashaiman-Zenu Cluster of Schools and Kpone Methodist Cluster of Schools.

Others are the Anglican Cluster of Schools, Madina Primary, Saint Joseph's Roman Catholic School, Santasi Junior High School (JHS), Nwamase JHS and Ohwimase JHS. Mr Lawrence Yirenkyi-Boafo, Deputy Managing Director of the Bank, who presented GH¢4,000 cheque to each of the four Basic Schools in Kumasi on Friday said the Bank had identified health and education as the major sectors that needed much support for rapid socio-economic development. He noted that a well-developed human resource base was crucial for any country's accelerated growth and advised the beneficiaries to take advantage of the grant to acquire knowledge and relevant skills. Mr Joseph Kwabena Onyinah, Ashanti Regional Director of Education who received the cheques on behalf of the schools, expressed his gratitude to the bank on behalf of the Ghana Education Service (GES).

The grant, he said, would immensely help improve the provision of quality education in the beneficiary schools and advised the school authorities to ensure transparency in the utilization of the grant. Mr Onyinah disclosed that there were many other basic schools in the metropolis which studied under trees and appealed to other institutions to emulate the gesture of the Trust Bank. The grant to the basic schools was meant for the provision of reading books and other teaching and learning materials to Promote reading habits among the pupils.