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Co-op Bank donates Sh100m to boost the coronavirus fund

Co-op’s Managing Director Gideon Muriuki who on April 6, 2020 said the bank has donated Sh100 million to the private sector-led Covid-19 Emergency Response Fund. PHOTO | FILE | NATION MEDIA GROUP

By  Patrick Alushula

Business Reporter

Nation Media Group

What you need to know:

  • Mr Muriuki on Monday wrote to KBL MD Jane Karuku, who heads the fund, informing her about the cash donation.
  • Devki Steel Mills last week pledged to donate Sh100 million worth of oxygen.
  • Kenya had confirmed 142 Covid-19 cases by Sunday after 16 more people tested positive.

The Co-operative Bank of Kenya (Co-op Bank) has donated Sh100 million to the private sector-led Covid-19 Emergency Response Fund that was set up recently to gather resources for fighting the spread and impact of the virus.

Co-op Bank’s Managing Director Gideon Muriuki said the contribution is in recognition of the need by corporates and individuals to put resources together to source for critical medical supplies and equipment such as ventilators.

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