As international statistics proceed to rise, the OECS Fee stays steadfast in garnering non-public sector help to help Member State governments within the combat towards COVID-19. The Financial institution of Saint Lucia (BOSL) joined the response efforts by partnering with the OECS to mitigate towards the potential well being impacts that threaten the area by means of a US$40,000.00 contribution in the direction of buying ventilators.
Appearing Managing Director Medford Francis was happy to register the Financial institution’s dedication to this initiative:
“Helping our customers weather this tempestuous time, is but a small fraction of this global fight against COVID-19, which will undoubtedly dominate the socio-economic and financial landscape for 2020 and beyond. As a strong corporate citizen, it is our obligation to make a bold commitment to this humanitarian cause.”
OECS Director Normal, Dr Didacus Jules thanked BOSL for his or her well timed help given the present competing international calls for for very important tools. This contribution, he stated, will add to the basket of assets obtainable to extend the amount of kit and medical provides to be sourced by means of the Fee’s pooled procurement. Dr Jules gave perception to the Organisation’s observe report by means of its Pharmaceutical Procurement Service:
“Our pooled procurement process has enabled us over the past 30 years to source and supply over 800 medicines and a wide range of medical equipment and supplies to the Member States of the OECS.”
The Financial institution of Saint Lucia acknowledged the crucial position of banks throughout this humanitarian and well being disaster, and took the chance to focus on measures taken in any respect its centres, having due regard for the protection, safety and enterprise pursuits of their prospects:
“Bank of Saint Lucia in this regard, began to undertake significant changes in its approach to enhancing in-branch employee and customer safety protocol; enhancing capacity in the provision of sound financial advisory services; implementing strong measures for the management of credit with respect to moratoria; debt restructuring and management; and an increased thrust towards the digitization of processes – including the online sign up for online and mobile banking.”
The Fee is looking forward to continued help from non-public sector businesses on this initiative, which can undoubtedly alleviate the well being, financial and social affect of COVID-19 on the OECS area.