According to a statement by the bank, the fund will be distributed through the UBA Foundation, its corporate social responsibility arm. The money will be shared equally among the three affected West African countries.
The bank said the remaining $100,000 would be contributed to the African Union Support Mission to the Ebola Outbreak in West Africa, which was initiated by the African Union Chair, Nkosazana Zuma.
The statement quoted the UBA Board Chairman, Mr. Tony Elumelu, as saying, “Africa is our home and our destiny – and Africans need to place themselves at the forefront of the campaign to overcome this tragedy. This donation is an affirmation of our unshakeable commitment to the continent – and a message that Africa can triumph over this terrible affliction.
“I would also take this opportunity to commend our courageous UBA Africa staff, in Guinea, Liberia and Sierra Leone who have kept every branch and Automated Teller Machine open throughout this testing time. They have demonstrated our corporate value of resilience and commitment that the business and progress of Africa must and should go on.”
Punch
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