Supporting Healthcare: Stanbic Bank Donates Medical Equipment to Ghana Medical Association

Stanbic Bank Ghana has donated three infant incubators and three phototherapy machines to the Ghana Medical Association (GMA) in support of healthcare delivery.

The equipment, which are expected to improve neonatal care and contribute to better health outcomes for infants across the country, are valued at Gh¢ 500,000.

They were handed over to GMA executives at a presentation ceremony held at the GMA Secretariat, at the Korle-Bu Teaching Hospital, Accra.

Mr Ben Mensah, Head of Personal and Private Banking, Stanbic Bank Ghana, at the ceremony said, their commitment to corporate social responsibility transcended financial inclusion, to health, education, and community development.

“For us at Stannic Bank, we are making sure that babies born pre-term have the chance to thrive. Today is a proud moment for all of us. This donation is not just about equipment, but about giving hope to families,” he said.

Mr Mensah commended the GMA for their dedication to healthcare delivery, especially for their commitment to advancing neonatal care.

Mr Richard Asare, Head of Private Sector Banking, Stanbic Bank, said the Bank was committed to supporting vital sectors of the economy, including healthcare.

He said: “We view this donation as part of our responsibility to alleviate suffering in society. We deeply appreciate the doctors who dedicate their lives to saving others and the invaluable impact they make on our communities.

“We stand ready to support you in any way we can. Thank you for the remarkable work you continue to do.”

Mr Asare said Stanbic Bank’s donation was a lifeline not only for the infants whose lives would be saved but for Ghana’s medical community as a whole.

Dr. Frank Serebour, President of the Ghana Medical Association, said, the equipment would enhance neonatal care delivery significantly, adding that too often, they were forced to refer cases to other facilities because of a lack of essential equipment.

“The distance of these referrals sometimes discourages families from seeking the urgent care their babies need, often with tragic results. As someone who works closely with children, I see firsthand the critical need for incubators,” he said.

Dr. Serebour said the importance of corporate partnerships in addressing such gaps was worthwhile and that the donation sets a powerful precedent for more and future collaborations

The donation to the GMA forms part of Stanbic Bank’s ongoing efforts to support the well-being of the communities the bank serves.

In the first half of 2024, the Bank invested GHS924,279 in health and wellness initiatives across Ghana.

These initiatives included the planting of 4,500 trees nationwide, the payment of medical bills for mothers at LEKMA Hospital’s maternity ward, covering surgery and treatment costs for several patients.

The Bank also supported hospital infrastructural development and organised community workshops to educate young girls on sexual reproductive health.

These efforts have not only improved the quality of life in these communities but also contributed to sustainable development by promoting health and reducing disparities.

Several GMA executives, including Vice President Prof. Ernest Yorke, and General Secretary Dr. Richard Selormey, were also present at the ceremony.