Accra, Nov. 8, GNA –
Standard Chartered Bank Ghana Limited has disbursed a total of GH₵71,000.00 to
support 31 brilliant and needy students from five public universities.
The money is the
first tranche of a total amount of GH₵300,000.00 that the students would
receive over a four-year period.
students were from the University of Ghana, Legon, Kwame Nkrumah University of
Science and Technology, University College of Education, Winneba, University of
Development Studies and University of Cape Coast.
The students will
benefit from two endowment funds, the Standard Chartered Science Education
Trust Fund and Standard Chartered Kenneth Dadzie Memorial Education Trust Fund.
The Kenneth Dadzie
Fund focuses on postgraduate programmes; Economics and business courses, the
Science Education Fund, covers both Undergraduate and Postgraduate students
To be eligible,
beneficiaries must be needy and brilliant and must have demonstrated good
conduct whilst pursuing their courses.
Speaking to the
beneficiaries, Dr Emmanuel Kumah, Chairman of the Board of Directors, Standard
Chartered Bank Ghana Limited, said the Bank has a long history of contributing
to social and economic development and supporting communities where it
“We believe everyone
should have access to opportunities to realize his or her full potential and
believe that we can make a difference in promoting economic inclusion in Ghana.
This underscores our Brand promise to be ‘Here for good, ” he said.
Dr Kumah said the
support partly covered tuition and accommodation for the four year period.
In addition to
programmes and schemes, staff of the Bank will engage the beneficiaries in
mentoring sessions to share skills and build the capacity of young people to
access jobs and economic opportunities that will help close the inequality gap.
Dr Kumah urged the
students to take the mentoring sessions seriously, ask questions and draw on
the rich experience of your mentors.
Mrs Mansa Nettey,
CEO, Standard Chartered Bank Ghana Limited, said the support was align with the
United Nation’s sustainability agenda to promote quality education, gender
equality and wellbeing.
is a proud supporter of the UN Global Goals for Sustainable Development. Though
the trust funds were set up many years ago, they address the issues.
“We understand that
young people growing up in developing economies must overcome multiple hurdles
to achieve personal and economic empowerment. As an active participant of the
UN Global compact, we roll out programmes in support of the UN sustainability
Goals that will support Quality education, gender equality and wellbeing. ”
She said Standard
Chartered was committed to using its core business of banking to promote social
and economic development in the countries where it operates.
The Bank provides
products and services to individuals and companies to drive local, regional and
global economic development and job creation.
Since 2015, the Fund
have disbursed scholarships to the tune of GH₵327,000.00 to 94 deserving
students to support them in their education.
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