Fidelity Bank supports Infectious disease facility with GH¢1m

The Fidelity Bank has donated GH¢1 million to the Covid-19 Private Sector Fund to help support the construction of a 100-bed infectious diseases isolation and treatment facility in Accra.

The unit, which is estimated to cost $3.5 million, is the first-ever isolation and treatment facility in the country and funded by the COVID-19 Private Sector Fund.

The gesture

The Managing Director of the Fidelity Bank, Mr Julian Kinsley Opuni, explaining the rationale behind the donation, said: “We must support our government's efforts to save lives through innovative initiatives, such as the COVID-19 Private Sector Fund. This donation is in addition to other measures we have already put in place to mitigate the effects of the pandemic on our customers and the public."

Relief packages

He added that the bank was going to provide relief packages for small and medium enterprises (SMEs) and other corporate clients which had enormously been affected by the COVID-19 pandemic.

Mr Opuni said the packages would include loan moratoriums and loan restructuring opportunities.

He also highlighted some initiatives by the bank, such as reduced interest rate on personal loans for qualifying customers to 17.5 per cent, including a maximum three-month repayment holiday, loan repayment postponement and loan restructuring options for existing borrowers affected by the pandemic.

He called on all Ghanaians to adhere to the safety measures announced by the President, indicating that the measures would help enhance the success of the fight against the pandemic.