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Standard Chartered Sponsors Tree Planting

Jul 24, 2008, 5:36 AM

Standard Chartered Bank Gambia (SCBG), a bank noted for creating and sharing value with its stakeholders, last Saturday sponsored a tree planting exercise at the Brikama Nyambai Forest, in Western Region.

Previously called compartment 32, the area was on that day renamed Standard Chartered Compartment.

However with its mission, the bank places emphasis on development banking, playing a vital role in the economic development of the nation, financing and supporting many projects in the country.

In collaboration with the Department of Forestry and the National Environment Agency (NEA), the bank sponsored the planting of 15, 960 Gmelina trees.

The development was organised as part of marking the bank's 114 years of existence in the country.

Speaking at the historic event, Mr. Wilfred Ntuba, Executive Director- Finance, who is on SCB Environmental Committee, said tree planting exercise is in line the bank's commitment to reduce environmental impacts.

For his part, Mr. Jatto Sillah, the Director of Forestry, maintained that SCBG is the first institution to collaborate with them in sponsoring such an exercise, noting this will no doubt compliment his department's efforts in meeting the annual one million tree planting initiative.

Bubu Pateh Jallow, Permanent Secretary, Department of State for Forestry, Wildlife and the Environment, who deputised for the Secretary of State for Forestry, Wildlife and the Environment, underscored the importance of tree planting and thanked and commended SCBG for the initiative and assured them of his departments continued collaboration.