Stanbic Bank steps up contribution to communities

Stanbic Bank staff led by Kasekende (in blue) hand over food items to Hospice Uganda as part of its efforts to help the vulnerable amidst the Covid-19 pandemic.
In Summary

Stanbic Bank Uganda (SBU) has stepped up its commitment to support vulnerable communities amid the Covid-19 […]

Stanbic Bank Uganda (SBU) has stepped up its commitment to support vulnerable communities amid the Covid-19 pandemic by making donations to children homes and other care institutions across the country.

The bank has contributed a further UGX140 million used for purchasing food items to these homes in the communities in which the bank operates in. Through the different branches across the country Stanbic Bank employees distributed food items to over 4,000 individuals.

The Bank has already contributed UGX 100 million to the National Covid-19 Taskforce, and another UGX 20 million through the Uganda Bankers Association.

Speaking during the handover of the items to Loving Hearts Babies Home and Munyonyo Children’s Home, Stanbic Bank Uganda Corporate Social Investments Manager, Barbara Kasekende said, “At Stanbic Bank, we understand the drastic effects the lockdown has hard on some of the communities in which we operate it. As a business, we are reaching out to show our support and further encourage the vulnerable in our communities.”

She said Stanbic’s sustainability vision focuses on Social, Economic and Environmental (SEE) goals, “We aim to ensure we create shared value in the societies and environment in which we operate,” she said.

One of the voluntary care organisations supported, Loving Hearts Babies Home, Munyonyo, at the moment has over 30 babies and 13 members of staff. However, the Home has encouraging adoption statistics with an increasing number of babies finding permanent homes with loving families over the years since it was first founded.

The Home has had over 400 babies who have gone through Loving Hearts with over 200 reunited with their families. The Loving Hearts team reaches 200-plus homes in the community. It started in 2009 and caters for neglected babies up to three years old in the Makindye division.

As the country goes through this period, we commend the government for all their efforts in trying to curb the spread of the virus and for the continued support and partnership.

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