Standard Bank supports Dineo cyclone victims

18 April 2017

In order to help communities affected by Dineo cyclone to return to their normal life and help in the reconstruction of damaged public infrastructures in Inhambane province, Standard Bank donated on Wednesday, April 12, in Maputo, a cheque in the amount of 1,200,000 meticais and various furniture to INGC-National Disaster Management Institute.

The donation of this amount marked the beginning of a set of initiatives to be carried out by this financial services provider, aiming to support the victims of the cyclone in that province.

Speaking at the event, Standard Bank’s managing director, Chuma Nwokocha, explained that the bank has decided to donate 1,200,000.00 meticais to help minimize the suffering of the commu nities affected by this disaster.

“More than a donation, this support from Standard Bank is part of the bank’s social responsibility policy, which aims to promote well-being of the communities where the bank has been for more than 120 years”, said Chuma Nwokocha.

The bank, as the managing director added, is aware that this contribution will not completely cover the needs of those affected, but that it could make a big difference, which is why his institution is willing to cooperate in other actions while calling other institutions and individuals to join this national cause.

INGC’s Director General, João Machatine, said that Standard Bank’s support will contribute greatly to improve the deficit in the response actions, which are currently being taken.

“Dineo Cyclone has destroyed public infrastructures such as schools and hospitals, among other government buildings, for which the reconstruction requires a renewed effort for communities to return to normal life”, he said, highlighting that “this is not the first humanitarian action of Standard Bank, which we are witnessing, since the bank has intervened whenever the country is dealing with calamitous events”.

It should be noted that the cyclone, which has largely hit the coastal districts of Inhambane, has damaged 106 public buildings, 70 health facilities, 998 classrooms, three communication towers, 48 utility poles and two water supply systems.