Databank Foundation has been adjudged Corporate Social Responsibility (CSR) Non-Banking Financial Institution of the Year at the 6th annual Ghana Corporate Social Responsibility Excellence Awards (GHACEA).
The ceremony, which was held at the La Palm Royal Beach Hotel on Friday, September 23, 2016, saw a number of organisations recognised for the roles they play in society through corporate social responsibility initiatives.
GHACEA 2016 was organised by the Centre for CSR, West Africa. The centre focuses on CSR and sustainability strategy development, policy advocacy, public relations, events and communication in the West African sub-region. It is supported by organisations and international aid agencies such as the United Nations Development Programme (UNDP), Japan International Cooperation Agency (JICA), Association of Ghana Industries (AGI), Ghana Chamber of Commerce and Industry (GCCI) and the Ministry of Trade & Industry (MoTI).
Databank Foundation, the corporate social responsibility arm of Databank Group, Ghana’s first and largest investment bank, has embarked on a number of corporate social responsibility initiatives. Key among the programmes are initiatives in mental health improvement and the Young Leaders Mentorship Programme (YLMP).
Through the initiative aimed at improving mental health, Databank Foundation has adopted the Children’s Ward of the Accra Psychiatric Hospital. The firm makes regular donations and organises events as well as regular interactions with the patients and the caretakers of the facility.
Under the YLMP, students from selected tertiary and senior high schools are enrolled in a two-tiered mentorship programme through which they receive guidance for academic and career development. They are also nurtured to build their leadership capabilities and they also benefit from a range of knowledge-sharing opportunities.
Recently, the Foundation also launched the Read Aid initiative, through which the Foundation, with the help of Databank staff and other volunteers, help children in some selected public schools with learning to read and write the English language.
The Programmes Director at Databank Foundation, Pebbles Parkes, expressed joy at receiving the award and promised that the foundation would continue to work hard towards achieving its vision.
About Databank
Founded in April 1990, Databank’s mission is to empower its customers to achieve financial independence by promoting financial literacy and offering a diverse range of investment products. “To deliver on our mission, we provide innovative and responsive corporate finance, brokerage, fund management and research services to local and foreign individuals, multinational companies, pension trusts, institutions, and portfolio investors for the ECOWAS sub-region.”
“We also assist those who are looking for private equity financing through our private equity group. Databank currently has 13 branches across the country. The main branches are in Accra (Head Office), Kumasi, Tema, and Takoradi. There are also nine partner locations situated within GTBank branches in Accra, Ashaiman, Cape Coast, Tarkwa, and Tamale.”
Source: Ghana/ ClassFMonline.com
