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StanChart disburses grants to 31 students

BY: Elizabeth Nyaadu Adu
Mansa Nettey (arrowed), Chief Executive Officer (CEO) with some officials of the bank and beneficiaries of the Stanchart Endowment Fund

THE Standard Chartered Bank Ghana PLC has disbursed scholarship grants to 31 brilliant needy students in five public universities across the country.

The bank disbursed a total of GH¢71,500 as the first tranche of a GH¢230,000 bursary set aside for to fund their scholarships over the next years.

The beneficiaries are students of the University of Ghana (UG), Legon; the Kwame Nkrumah University of Science and Technology (KNUST); the University College of Education, Winneba (UEW); the University for Development Studies (UDS), and the University of Cape Coast (UCC).

The students are benefitting from the bank’s two endowment funds – the Standard Chartered Science Education Trust Fund and the Standard Chartered Kenneth Dadzie Memorial Education Trust Fund.

Eligibility

In a release issued on November 25, the bank said the Kenneth Dadzie Fund focused on postgraduate programmes such as economics and business courses, while the Science Education Fund covered both undergraduate and post graduate students pursuing science course.

It said to be eligible, a prospective beneficiary must be needy and brilliant and must have demonstrated good conduct whilst pursuing the course.

Speaking to the beneficiaries, the Acting Board Chairman of Standard Chartered Bank Ghana PLC, Ebenezer Asante, said: “Standard Chartered is a strong believer in education and empowering the next generation and I trust that by this simple gesture you will be able to complete your studies and fulfill your dreams and the dreams of your parents and guardians.”

He urged the students not to be discouraged by their failures but learn from it, be diligent and continue to work hard.

A Trustee of the Fund, Prof. Edward Tsiri Agbenyega, said, the bank believed everyone should have access to opportunities to realise their full potential.

Through the two funds, he said the bank supported and contributed to education to make a difference in the lives of bright and needy students.

Keynote

-Standard Chartered is committed to using its core business of banking to promote social and economic development in the countries where it operates.

-The Bank provides products and services to individuals and companies to drive local, regional and global economic development and job creation.

-Future makers by Standard Chartered, is the bank’s global initiative to tackle inequality and promote economic inclusion.

-The initiative is supporting young people through programmes focused on education, employability and entrepreneurship. In Ghana the Youth to Work and Youth Employability Skills programmes have impacted more than 10,000 young people.