DBS contributes to Covid-19 relief fund |05 February 2021

SS Payet (right) accepts the cheque from Mr Gappy in the presence of Mr Moustache and Ms Preira (Photo contributed)

Another banking institution has donated money towards the Covid-19 relief fund.

Yesterday afternoon, the chief executive of the Development Bank of Seychelles (DBS), Daniel Gappy, presented a cheque for R50,000 to the secretary of state for Finance, Patrick Payet.

The donation took place at Liberty House, the headquarters of the Ministry of Finance, Economic Planning and Trade.

Accepting the donation, SS Payet expressed his gratitude to DBS.

“We know that it has not been easy for DBS, but this gesture shows how at this difficult time, everyone wants to help,” SS Payet said.

He noted that at this juncture, where the pandemic has shown us we can no longer rely on just tourism, “DBS will have a key role to play in the diversification of our economy”.

On behalf of DBS, Mr Gappy said they heeded the call from the President and the donation is their contribution towards this cause.

“We have provided a small token and in addition to that, DBS has a major role, in terms of assisting to keep the economy moving,” Mr Gappy added.

Also present at the ceremony was the deputy chief executive of DBS, Jean Preira and the chairperson of the Seychelles Bankers Association, Phillip Moustache.

To note, the donation yesterday to the Covid-19 Relief Fund, is the third this week by a banking institution.

On Tuesday, the Bank of Baroda and Al Salam Bank both presented a donation of R50,000 each.

Press release from the Ministry of Finance, Economic Planning and Trade