Stanbic Bank backs Gbewaa Palace redevelopment with GH¢200,000 donation
Translated from English, summarized and contextualized by DistantNews.
At a glance
- Stanbic Bank Ghana donated GH¢200,000 to the Dagbon Development Fund for the Gbewaa Palace redevelopment.
- The bank cited peace and visionary leadership under Ya Naa Mahama Abukari II as key factors for development and investment.
- The donation supports the preservation of cultural heritage and aims to symbolize unity and renewal for the Dagbon Kingdom.
Stanbic Bank Ghana has donated GH¢200,000 to the Dagbon Development Fund, supporting the redevelopment of the historic Gbewaa Palace in Yendi. This contribution underscores the bank's commitment to the Dagbon Traditional Area and its community-driven development initiatives.
Kwamina Asomaning, Chief Executive of Stanbic Bank Ghana, presented the cheque to the Overlord of Dagbon, Ya Naa Mahama Abukari II. Asomaning commended the Ya Naa for fostering stability and growth, noting that the prevailing peace and unity in Dagbon create a favorable environment for development and investment. "We are honoured to support this important project because development thrives where there is peace and visionary leadership," he stated, highlighting the bank's pride in partnering with the kingdom on this transformational project.
We are honoured to support this important project because development thrives where there is peace and visionary leadership. The remarkable progress being witnessed in Dagbon today reflects the Ya Naa’s commitment to unity, growth, and the welfare of his people. As a bank, we are proud to partner with the kingdom on this journey.
Asomaning also praised the Gbewaa Palace reconstruction, recognizing its significant cultural and historical importance to both Dagbon and Ghana. He assured the traditional authority of Stanbic Bank's continued support for initiatives promoting economic empowerment and social development in the region.
Ya Naa Mahama Abukari II expressed gratitude for the timely donation, emphasizing the strong, long-standing relationship between the kingdom and Stanbic Bank. He acknowledged the bank's consistent support for Dagbon's development beyond standard banking services. "This support towards the reconstruction of the Gbewaa Palace is deeply appreciated," the Ya Naa said, adding that the bank's operations have positively impacted local livelihoods and economic opportunities.
We value the longstanding partnership we have shared with Stanbic Bank. Beyond banking services, the institution has consistently demonstrated its commitment to the development and progress of Dagbon. This support towards the reconstruction of the Gbewaa Palace is deeply appreciated.
Originally published by Ghanaian Times in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.