The Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to raise approximately N20 million in support of hunger alleviation and educational initiatives. This initiative aligns with the theme of the African Union Summit 2024, "Educate and Skill Africa for the 21st Century."
Hassan
Yusuf, the Managing Director of The Alternative Bank, unveiled this plan in a
press release, highlighting the forthcoming AltWalk event as a pivotal
fundraising platform. "Through this initiative, we aim to mobilize
contributions from both internal and external stakeholders, reaffirming our
commitment to education and societal welfare," stated Yusuf.
The fundraising campaign aims to secure N20 million, with the proceeds serving dual purposes: providing meals for underserved communities and orphanages through the FoodBank initiative and delivering quality educational support via Sterling One Foundation.
This
campaign targets individuals, families, businesses, and organizations committed
to ending hunger, improving education, fostering healthy living, and positively
impacting society. Prospective donors are encouraged to contribute through
https://altbank.ng/walk/.
Stakeholder
participation and donations are poised to substantially impact critical social
issues, including hunger reduction, enhanced education, and healthier
lifestyles.
Yusuf
emphasized AltBank's dedication to empowering customers through innovative
solutions in health, food security, and education, positioning them for success
in the 21st century. He stressed that education is central to the bank's
mission of bolstering the economy and enhancing financial well-being across
society.
AltBank,
Nigeria's most recent entrant into the financial services sector, made a grand
entrance with simultaneous launch events in Lagos, Abuja, and Kano, marking the
country's first multi-city brand launch. As the ethical banking arm of Sterling
Financial Holdings, The Alternative Bank originated in 2014 as Sterling
Alternative Finance under Sterling Bank Plc's non-interest banking license. It
has since evolved into a prominent player in Nigeria's non-interest banking
sector.
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