Kampala: Standard Chartered Bank Uganda together with Salaam Charity have made donations of an assortments of items including food items to support underprivileged communities as they seek to give back during the holy month of Ramadhan.
The four beneficiary communities include UGANET in Ntinda, Naguru Remand Home, Home of Joy (Salvation Army) located at Katanga and UMCA at Mengo.
In line with the Bank’s brand promise – “Here for good” and STAND to ‘Lift participation’, the Bank is committed to improve the lives of people and their communities. This assistance is earmarked to help meet the needs of the underprivileged children and their caretakers.
Standard Chartered Bank has over the past 10 years joined the Muslim community to celebrate Ramadhan by hosting iftar dinners and having its employees volunteer to support several initiatives.
While handing over the donation, Margaret Kigozi, the Head, Corporate Affairs, Brand and Marketing Standard Chartered Bank Uganda said:
“Standard Chartered Bank Uganda is very pleased to extend this donation to these organizations. Ramadan holds a unique position in our community as it is a special time of the year where believers undertake generous deeds. As a Bank we believe in the principles this holy month advances and we recognize our responsibility and role to support the communities where we do business. We are therefore committed to supporting various communities by living up to our Brand Promise – Here for good, which is hinged on the strong belief “that only by doing good can we as a Bank become truly great”. We will continue to seek to be a force for good by being a responsible company, promoting and investing in the sustainable socio-economic development in the community.” he concluded.
The Bank is committed to go beyond banking to support communities in Uganda as demonstrated with the programmes it has rolled out recently as highlighted below;
- This month the Bank launched the scale-up of the Youth to Work (Y2W) phase III programme worth Ugx 430 million. This project will support 45 graduates directly transition into employment and training for over 600 youth within the community.
- Last month the Bank launched a Youth Empowerment, Entrepreneurship and Decent Employment programme worth One billion and fifty million shillings only. The Project is set to target 500 youth in from Kampala and Wakiso districts.
- Made a donation of Ugx 750,000,000 to support 600 Youth in Agribusiness affected by the pandemic.
- Awarded a Hardship grant worth USD 56,000 (Ugx 200 million) to 152 youth hardest hit by COVID-19 lockdown measures in Lira and Nebbi.
- Impacted 6,000 young people through our Futuremakers initiatives in Uganda.
- The Bank’s Goal programme impacted 5,000 girls with life skills.
- Under our Youth to Work programme, 120 University graduates received internship placements in SMEs.
- Awarded Ugx 18 million to youth with disabilities to help them generate entrepreneurial solutions that solves community needs as part of the ‘Innovation Challenge” Initiative.
Standard Chartered is a leading international banking group, with a presence in 59 of the world’s most dynamic markets and serving clients in a further 85. Their purpose is to drive commerce and prosperity through the unique diversity, and their heritage and values are expressed in their brand promise.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.