Stanbic Bank Ghana Donates GH¢400,000 in Flood and Fire Relief Items to NADMO

Business

Stanbic Bank Ghana has donated relief items worth GH¢400,000 to the National Disaster Management Organisation (NADMO) to support communities affected by recent flooding and fire incidents across Accra and other parts of the country.

The presentation, which took place at NADMO Headquarters over the weekend, underscored the bank’s commitment to corporate social responsibility at a time when extreme weather events are placing increasing strain on urban communities.

The donated items included wellington boots, raincoats, life jackets, student mattresses, blankets, toiletries and mosquito repellents, as well as rice, cooking oil, tomato puree, canned fish and sanitary pads packaged as dignity kits. The bank said it had swiftly mobilised the comprehensive package of essential items to complement NADMO’s ongoing relief and recovery efforts.

The donation was prompted by heavy rains and a subsequent fire outbreak on Wednesday, June 3, which displaced families, disrupted livelihoods and caused significant hardship for residents and market operators in affected areas.

“Ghana Is Our Home”

Kwamina Asomaning, Chief Executive Officer of Stanbic Bank Ghana, framed the donation within the bank’s broader corporate mission. “At Stanbic Bank, our purpose is Ghana is our home, and we drive her growth. We recognise that true growth is only possible when our communities and people are thriving,” he said.

“When our communities prosper, we prosper alongside them. Natural disasters, however, are often unforeseen and can disrupt livelihoods and progress. It is within this context that Stanbic Bank has stepped in to support victims of the recent flood and fire incidents in Accra.”

Mr Asomaning reaffirmed the bank’s steadfast commitment to Ghana, noting its continued focus on supporting communities, driving economic growth and partnering with government and other stakeholders to build national resilience.

A Pattern of Giving

The donation is consistent with Stanbic Bank’s track record of corporate social investment. In 2025, the bank invested GH¢8.86 million in corporate social investment across sectors including education, healthcare, skills training, agriculture, financial wellness and youth development.

The contribution also highlights the growing role of the private sector in disaster response — a role that has become increasingly important as climate-related events intensify. Flooding in Accra has become an annual occurrence, with poor drainage infrastructure and rapid urbanisation compounding the impact of seasonal rains.

For NADMO, which operates with limited resources, private sector partnerships like this one are essential to bridging the gap between immediate need and available supply. The organisation has repeatedly called on corporate Ghana to support its efforts, and Stanbic’s donation sets a benchmark for what structured corporate engagement in disaster relief can look like.

As communities begin the long process of recovery from the June 3 incidents, the question of how Ghana builds resilience against recurring disasters remains unanswered — but gestures like Stanbic’s offer at least a measure of relief in the immediate term.

Image Source: GHANA BUSINESS NEWS

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