JS Bank announces Rs110m for Covid-19 response

Published April 10, 2020
Money would be used in providing immediate relief, pandemic control and response capacity building. — AFP/File
Money would be used in providing immediate relief, pandemic control and response capacity building. — AFP/File

KARACHI: To help address the impact of the Covid-19 outbreak during April, JS Bank has established a Rs110 million fund in association with key partners.

According to a JS Bank press release, the three-tiered strategy will revolve primarily on providing immediate relief, pandemic control and response capacity building. The first phase will focus on provision of rations and necessities worth Rs30m to food insecure families while the second phase will see distribution of Personal Protective Equipment (PPE) and donations worth Rs50m to medical and other frontline institutions, including non-governmental organisations.

“This is a global pandemic and as a responsible corporate entity, it is our duty to stand shoulder to shoulder with the people of Pakistan in this hour of need,” said JS Bank CEO Basir Shamsie.

Published in Dawn, April 10th, 2020

Opinion

Editorial

Missing links
Updated 27 Apr, 2024

Missing links

As the past decades have shown, the country has not been made more secure by ‘disappearing’ people suspected of wrongdoing.
Freedom to report?
27 Apr, 2024

Freedom to report?

AN accountability court has barred former prime minister Imran Khan and his wife from criticising the establishment...
After Bismah
27 Apr, 2024

After Bismah

BISMAH Maroof’s contribution to Pakistan cricket extends beyond the field. The 32-year old, Pakistan’s...
Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...