business

March 4, 2019

2 min read

Post bank ploughs back

Post bank ploughs back

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As part of its corporate social responsibility, Lesotho Post Bank (LPB) on Saturday renovated St. Barnabas High School’s outmoded hall in Rothe. The renovations included the painting of walls and putting in new floor tiles estimated to have cost over M100,000.00. Molefi Leqhaoe, the bank’s Managing Director, said since one of “the policies of the bank is to extend a helping hand to the public, we found it fitting to give the hall a facelift.

” This after the bank launched Schools Students Account, which he said prompted the bank to launch the initiative, and “we have been focusing on helping schools which have accounts with the bank as a sign of ploughing back to the community.” He pledged the bank’s support to the school: “This marks the beginning of long term partnership. You should not hesitate to contact us whenever you need support.” He urged them to continue supporting the bank so that it could grow as “it is the only bank in the country which belongs to Basotho” and that they should be proud of it. At the same event, Head of Students Welfare at the school 'Malerato Manyeli expressed gratitude to the bank for the initiative describing it as “one of the best present we could have ever received. She said she hoped it was only the start of a long and beautiful relationship.
 

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“We will continue supporting the bank for the benefit of Basotho and Lesotho,” she assured. LPB was established in 2005 to transact savings deposits on restricted banking license. However, the restriction was lifted later by the Central Bank of Lesotho when it awarded the bank a full banking license.

Lena

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