Bank PHB gives over D300,000 to UTG

Bank PHB last Thursday presented a cheque for D326, 000 to the University of The Gambia at a ceremony held at the bank’s branch on

“It is important to give back to the society and that there is no better way than investing in education, “he said.

He added that the UTG is very much committed to strengthening the relationship.

Chuks Melville Chibundu, managing director of Bank PHB, said the donation was to re-enforce their commitment in supporting education in the country.

He said the bank is supporting education in the country in all categories every year but that the UTG is a place for which they have special love.

He added that they hope to do this every year, noting that the change of ownership of the bank would not affect their relationship with the university.

Professor Muhammed Kah, UTG’s Vice Chancellor, thanked Bank PHB for the support. The university is the asset and hope of the country, he says, adding that they have huge needs both financially and human resource and that the government alone cannot do it all.

“It is the university that will strengthen business and also bring in innovations,” he remarked. “Bank PHB was the first that responded to wipe the tears of those brilliant students that cannot afford to pay their fees.”

According to Prof. Kah, Bank PHB were also the first to register and fully sponsor their staff to study at the UTG after their tour to all banks in the country.

“We hope the Bank would help to build a building at the University and name it after the Bank,” he said, adding that all their sponsored students are doing very well.

“We also hope that other banks could rise up to the occasion and come up with a modest support for the needy brilliant students out there,” said Professor Kah while thanking Bank PHB.

Dr Baboucarr Senghore described the contribution made by Bank PHB as very important towards the UTG and also thanked them for showing their corporate social responsibility.

Muhammed E. Jammeh, acting-Head of Department of Economics and Management Science, described the gathering as memorable, adding that if it was not the intervention of Bank PHB the mature students program would not have started.

“The money spent on them will not go in vain because they are making great use of the studies,” he stated, while also thanking Bank PHB for their efforts.

Famara Dampha, a student of the University of the Gambia, said the day was a day they feel they were been helped by people who care about their welfare.

“We are determined, committed and ready to take their studies seriously,” he said, calling for more help for students of the university.