Security Bank tapped Manila Health Tek, Inc. (MHTI) to produce the test kits and Security Bank Foundation, Inc. (SBFI), the Bank’s corporate social responsibility (CSR) arm, to facilitate the donation.
The MHTI is the local research and development company founded by Dr. Raul Destura who led the team that developed the locally produced, low-cost COVID-19 test kit known as GenAmplifyTM.
“Security Bank gives us inspiration to continue working, serving and doing good science that will help our country win the fight against COVID-19,” expressed Dr. Destura in appreciation of Security Bank’s involvement in strengthening the mass testing program.
The funding for Security Bank’s test kit donation was generated through the Treasury Group’s Deals for Donation initiative, wherein a portion of the Bank’s income from foreign exchange and government securities trades was donated. Overall, 1.3 million pesos worth of kits were procured from the donation drive.
“Putting people at the heart of the business is not only important for us – it’s also necessary. We are always proactively looking for opportunities that enrich and save lives, including efforts that would help the nation overcome the COVID-19 pandemic,” said Security Bank President and CEO Sanjiv Vohra.
Security Bank is one with the nation in building healthy and safe communities against COVID-19 as part of its #GetBetter corporate social responsibility campaign. To know more, visit securitybank.com/get-better.