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COVID-19: Union Bank Partners 54Gene To Raise 500,000USD

Kemi Ashefon by Kemi Ashefon
6 years ago
in Entertainment, General, Lifestyle, News, Politics
Reading Time: 3 mins read
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Union Bank’s Enabling Success Commercial Hits Over 3million Views
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Union Bank, one of Nigeria’s foremost financial institutions has announced a US$130,000 (N50million) donation to tackle the spread of the Coronavirus pandemic in Nigeria.

 The donation was made into a fund set up by 54gene, an African genomics research, services and development company working closely with the Nigeria Centre for Disease Control (NCDC) to fight the COVID-19 pandemic.

 The money will help increase COVID-19 testing capacity in the country by up to 1,000 additional tests a day, by buying testing instruments and critical biosafety materials such as biosafety cabinets and personal protective equipment urgently needed to keep frontline healthcare workers safe.

 The procured equipment will be installed in general hospitals and laboratories across the country, and will remain in place even after the ongoing COVID-19 pandemic, to be used in the case of future outbreaks.

In addition, there will also be extensive training and support to medical practitioners and volunteers working across the country to curb the menace.

Announcing the donation, the Chief Executive Officer of Union Bank, Emeka Emuwa, said: “Community is one of our core values at Union Bank, and there’s no better time to live this value than now. A critical need for the country at this time is to scale up our testing capabilities and give us a better chance of slowing the spread of the virus. We are therefore pleased to be supporting 54gene who is directly collaborating with NCDC and World Health Organisation who are coordinating Nigeria’s Covid-19 response. \

While commending Union Bank on its donation, the CEO of 54gene, Dr. Abasi Ene-Obong also said: “The rapid and assured response from some of Nigeria’s most reputable institutions, such as Union Bank, to join us in our fight against this deadly disease is highly welcome, and we thank them for their unwavering support. They, like us, understand the need for a multi-stakeholder, co-ordinated plan, that can be implemented almost immediately, as we work together as a community, side-by-side, to fight COVID-19 and protect our population.”

Last week, Union Bank, which had already been proactive in rolling out stringent safety and hygiene practices within its branches and service locations, took the lead in activating remote work for its employees, directing more than 70% of its employees in non-service functions to work from home starting Monday, 23rd of March.

 Union Bank also announced the launch of a toll-free Customer Care number 0800 700 700 which customers can call free of charge at anytime of the day or night to get help with banking issues.

These initiatives underscore Union Bank’s commitment to containing the spread of the virus while actively supporting the communities within which it operates.

Union Bank Plc, was established in 1917 and listed on the Nigerian Stock Exchange in 1971, Union Bank of Nigeria Plc. is a household name and one of Nigeria’s long-standing and most respected financial institutions. The Bank is a trusted and recognizable brand, with an extensive network of over 300 branches across Nigeria. In late 2012, a new Board of Directors and Executive Management team were appointed to Union Bank and in 2014 the Bank began executing a transformation programme to reestablish it as a highly respected provider of quality financial services. The Bank currently offers a variety of banking services to both individual and corporate clients including current, savings and deposit account services, funds transfer, foreign currency domiciliation, loans, overdrafts, equipment leasing and trade finance. The Bank also offers its customers convenient electronic banking channels and products including Online Banking, Mobile Banking, Debit Cards, ATMs and POS Systems.

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