From Awareness Times Newspaper in Freetown

Local News
In Sierra Leone, Standard Chartered Bank Hands Over School at Quarry
By Bampia Bundu
Sep 29, 2010, 17:10

One of the leading and oldest commercial banks in Sierra Leone, Standard Chartered Bank on 28th September 2010 officially handed over the newly constructed Quarry Primary School to members of the community at a ceremony held on the school’s ground at Quarry in the east end of Freetown.


In his handing over statement, the bank’s Board Chairman Mr. Alex Kamara said it was part of their corporate social responsibility as they believed in long-term partnership through long-term commitments that over-ride short-term challenges.  According to him, investing in the good times but pulling out in the bad, is quite simple, a complete alien concept.  “We here take the opportunity to unveil that the bank will be celebrating its 116th years of unbroken operations in the country,” he noted.

The chairman further informed that partnership with operating communities was not new to the institution as in his words ‘it is a continuation of our long and successful history here-continuing to remain an integral part of the local economy; continuing to support local and international businesses; drive economic growth; continuing to partner with government and the regulator in driving the socio-economic environment among others. He said they would continue to use their international experts and capabilities to introduce new, innovative product and services in to the market to support the rapid sophistication of the financial service sector and the wider economy.

“One of our commitments as a bank is to assist local communities in order to help alleviate poverty in the country,” the chairman iterated, while expressing thanks and appreciation to the community members for their cooperation in realizing their goal.

He concluded by revealing that the school comprises of a three class room block plus the head teacher’s office a store and a three compartment toilet facility for children of the Quarry community as a demonstration of their commitment in meeting their corporate social responsibility.

In response, the community chief, Pa Alimamy Bobson Sesay commended Standard Chartered bank for their support to the community, and assured them that they would maintain the facility for the benefit of their children. “This is a blessing to the community as we have been longing for a standard school for a long time now,” he observed.

On behalf of the Ministry of Education, Youths and Sports, Deputy Minister 1, Dr. Lansana Nyallay thanked the board and management of the bank for their support in promoting education in the country. He promised of the ministry’s support of the bank’s initiative at all times, and hoped they would continue to support the various communities in the country.

Delivering the keynote address, the Minister of Lands, Country Planning and the Environment Dr. Dennis Sandy reiterated his ministry’s seriousness in reclaiming all state lands in the country for the purpose of development, citing the site of construction as an example. He also made a call on the people to take care of the school as he put it ‘education is better than silver and gold.’  

© Copyright 2005, Freetown, Sierra Leone.