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

Must Read

Opinion

Editorial

The ban question
Updated 02 Dec, 2024

The ban question

Parties that want PTI to be banned don't seem to realise they're veering away from the very ‘democratic’ credentials they claim to possess.
5G charade
Updated 02 Dec, 2024

5G charade

What use is faster internet when the state is determined to police every byte of data its citizens consume?
Syria offensive
Updated 02 Dec, 2024

Syria offensive

If Al Qaeda’s ideological allies establish a strong foothold in Syria, it will fuel transnational terrorism.
Flying ban reversal
Updated 01 Dec, 2024

Flying ban reversal

Only the naive can expect the reinstatement of European operations to help restore PIA’s profitability.
Kurram conflict
01 Dec, 2024

Kurram conflict

DESPITE a ceasefire being in place, violence has continued in Kurram tribal district. The latest round of bloodshed...
World AIDS Day
01 Dec, 2024

World AIDS Day

IT is a travesty that, decades after HIV/AIDS first perplexed medics, awareness about the disease remains low in...