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

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