FCB donates K100 million towards Cyclone Freddy survivors

By Chisomo Phiri

One of the country’s financial institutions, First Capital Bank (FCB) has through Malawi Red Cross Society ( MRCS) donated K100 million as an assistance towards households affected by Cyclone Freddy.

Speaking during a symbolic cheque presentation on Tuesday, FCB Managing Director Spiro Georgopoulos said the devastating effects of the cyclone have caused grave destruction and terror to those living in the Southern Region of the country.

“Loss of lives, damage to property and livelihoods will continue to linger long after the cyclone has passed and in response, we have donated MK100 million to people affected by Tropical Cyclone Freddy.

“The donation will assist Red Cross Society to ensure that the relief gets to the intended people,” he said.

The bank pledged to continue supporting affected communities in the aftermath of this devastation, urging people to stay safe.

On his part,MRCS National Treasurer Stuart Limbula stated that the donation will be immediately used to purchase food and non-food items to assist the households affected by the disaster.

” We are very thankful for the donation and we will use it accordingly, ” he said.

As of today, 111 people have been reported dead of Cyclone Freddy, 16 are missing, close to 150 sustained injuries and over 20,000 are displaced.