• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, May 31, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

GCB Bank Donates Relief Items to 3 Tongu Districts Hit By Floods

October 27, 2023
Stephen M.Cby Stephen M.C
in Banking
0
GCB Bank Donates Relief Items to 3 Tongu Districts Hit By Floods

GCB Bank PLC, the largest bank in Ghana in terms of total operating assets and share of industry deposits, has commiserated with victims of the devastating flooding situation which has displaced many people especially in the Volta Region.

The bank as part of its support system has donated some essential relief items to the victims of the three Tongu districts in the Volta Region at the North Tongu District Assembly Forecourt at Battor.

According to the Executive Head of Retail Banking of the Bank, Mr. John Adamah, who led the donations, it is part of the Bank’s commitment to provide people centered banking that GCB has demonstrated for the past 70 years of providing unrivalled financial solutions towards the socio-economic development of Ghana.

RelatedPosts

Ecobank Transnational Incorporated Withholds Dividend Payment Despite Stellar 2024 Performance

Access Bank and DHL Sign Agreement to Empower SMEs Across Africa Under AfCFTA

African Development Bank President Bids Farewell to the AfDB Presidency

This, he said, will help to alleviate the sufferings of the inhabitants of the affected communities in the Tongu areas by the spillage of the Akosombo and Kpong Dams.

“As a bank we exist because of the people and so if the people are distressed then we cannot sit unconcerned whilst the people suffer. And the importance of this is that we want the communities within in which we operate and which include the Tongu communities to know that, the bank exists because of them. The bank thinks so deeply about them and in their distress, the bank is distressed as well and whatever the bank can do to alleviate their sufferings, the bank will do.”

Mr. John Adamah

Receiving the items on behalf of the three Tongu districts, thus; North, Central and the South Tongu, the District Chief Executive (DCE) for North Tongu Osborne Divine Fenu, applauded the Bank for the support, saying it is the first financial institution to donate.

The Items to Alleviate the Sufferings of the People

Osborne Divine Fenu noted that the items will go a long way in alleviating the sufferings of the people displaced noting that every donation counts for the displaced people as more is needed to resettle them after the water recedes.

The North Tongu District Chief Executive, meanwhile, cautioned people who are in haste to return to their houses which are still somehow in water to avoid the risk.

The items donated included 100 bags of rice, 50 cartons of cooking oil, 50 tin fish-markerel, 1000 bags of sachet water, 100 pieces of mattresses, 100 pieces of blankets, 200 pieces of sponge, 100 pieces’ towels and 24 boxes of washing powder.

The rest are, 25 boxes of carbolic soap, 100 pieces of rubber buckets, 100 cartons of sanitary pads, 25 cartons of Mosquitoes coil, 50 packs of T-roll,100 pieces of washing bowls and 180 pieces of normal bowls.

The Volta Regional Manager of the Bank, Mr. Francis Nyarko, who led the team from the region and the Head Office to the affected communities said the items are worth Ghc200.000

The spillage of the Akosombo and Kpong dams begun on September 15 2023. At least 35,995 people have been displaced according to the latest updates from the National Disaster Management Organization (NADMO).

The North Tongu District, the hardest-hit, recorded the highest number of displaced people close to 14,000 which spans across 69 communities with 4, 260 in 15 Safe Havens currently. The spillage has negatively affected about 10 administrative districts in the Volta Region.

READ ALSO: BOPP Leads A Penultimate Day Magical Session on GSE

Tags: financial solutionsGCB Bank Donates Relief Items to 3 Tongu Districts Hit By FloodsGCB Bank PLCNorth Tongu District Assembly
Please login to join discussion
Previous Post

Teachers And Pupils In Vunerable Situation In Gaza

Next Post

NPP MP Expresses Optimism Of Dr Bawumia Breaking The ‘8’

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Bears Return to GSE As Profit-taking Drags Capitalization Down
Securities/Markets

GSE Composite Index Sheds 3.2% in Final Week of May Despite YTD Gains

May 31, 2025
Hon. Seidu Issifu Unveils Ghana’s Ambitious Transition to Circular Economy 
Extractives/Energy

Ghana to Establish West Africa’s First Climate and Sustainability Hub 

May 31, 2025
MCDTI @MTN
General News

Communications Minister Rallies MTN to Support Digital Ecosystem Reforms

May 31, 2025
The Dean of the Diplomatic Corps and Ambassador of Lebanon to Ghana, H.E. Maher Kheir, receiving the petition from the representatives of the coalition of Political Parties
General News

NPP, Others Petition Diplomatic Community, Cite Assault on Ghana’s Democracy

May 30, 2025
Fuel Prices
Extractives/Energy

Fuel Prices Set to Drop 5-9% as Cedi Strengthens – ASEC 

May 30, 2025
Malik Basintale, Shaxi, Vehicle
General News

YEA Commits 150 Electric Vehicles to Boost Shaxi Fleet

May 31, 2025
Bears Return to GSE As Profit-taking Drags Capitalization Down
Securities/Markets

GSE Composite Index Sheds 3.2% in Final Week of May Despite YTD Gains

by Stephen M.CMay 31, 2025
Hon. Seidu Issifu Unveils Ghana’s Ambitious Transition to Circular Economy 
Extractives/Energy

Ghana to Establish West Africa’s First Climate and Sustainability Hub 

by Prince AgyapongMay 31, 2025
MCDTI @MTN
General News

Communications Minister Rallies MTN to Support Digital Ecosystem Reforms

by Evans Junior OwuMay 31, 2025
The Dean of the Diplomatic Corps and Ambassador of Lebanon to Ghana, H.E. Maher Kheir, receiving the petition from the representatives of the coalition of Political Parties
General News

NPP, Others Petition Diplomatic Community, Cite Assault on Ghana’s Democracy

by Evans Junior OwuMay 30, 2025
Fuel Prices
Extractives/Energy

Fuel Prices Set to Drop 5-9% as Cedi Strengthens – ASEC 

by Prince AgyapongMay 30, 2025
Malik Basintale, Shaxi, Vehicle
General News

YEA Commits 150 Electric Vehicles to Boost Shaxi Fleet

by Silas Kafui AssemMay 31, 2025
Bears Return to GSE As Profit-taking Drags Capitalization Down
Hon. Seidu Issifu Unveils Ghana’s Ambitious Transition to Circular Economy 
MCDTI @MTN
The Dean of the Diplomatic Corps and Ambassador of Lebanon to Ghana, H.E. Maher Kheir, receiving the petition from the representatives of the coalition of Political Parties
Fuel Prices
Malik Basintale, Shaxi, Vehicle
[/vc_row_inner]

Recent News

  • GSE Composite Index Sheds 3.2% in Final Week of May Despite YTD Gains
  • Ghana to Establish West Africa’s First Climate and Sustainability Hub 
  • Communications Minister Rallies MTN to Support Digital Ecosystem Reforms
  • NPP, Others Petition Diplomatic Community, Cite Assault on Ghana’s Democracy
  • Fuel Prices Set to Drop 5-9% as Cedi Strengthens – ASEC 
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.