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CalBank Marks 35th Anniversary with Nationwide Donation of Academic Books

Edzorna Francis Mensah by Edzorna Francis Mensah
September 9, 2025
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CalBank Marks 35th Anniversary with Nationwide Donation of Academic Books
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CaiBank PLC has marked its 35th anniversary with a major educational initiative, donating thousands of academic books and learning materials to under-resourced schools across nine regions of Ghana.

 

The initiative, themed “Gift a Book, Change a Life”, was launched in line with the bank’s Corporate Social Investment (CSI) agenda and held in commemoration of World Literacy Day. The donation targeted basic and junior high schools, including St. Justin’s Anglican Cluster of Schools in Ablekuma, Peace Home Shelter in Aboadze, Tinkong Presby Basic School, and Nawarodin Islamic Basic School in Techiman, among others.

 

Speaking at the presentation ceremony at St. Justin’s Anglican Cluster of Schools, CalBank’s Managing Director, Mr. Carl Asem, underscored the bank’s commitment to financial literacy and educational development.

 

“This is our way of adding value to society. We believe these books, together with the financial literacy sessions, will sharpen students’ money management skills, broaden their knowledge, and prepare them for a brighter future,” he said. –

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Mr. Asem explained that the initiative is part of a broader strategy to bridge the education gap in underserved communities, providing both educational resources and practical learning through financial literacy sessions. He revealed that the academic books were distributed nationwide to motivate students and offer tangible support to parents.

 

CalBank’s CSI footprint spans health, technology, and education. In 2018, the bank partnered with UNICEF and General Electric (Ghana) to establish 2 Newbom Care Units at the New Tafo Government Hospital in the Eastern Region. In 2022, it commissioned a 40-seater ICT laboratory at Asokore SDA College Demonstration Basic School. Expressing gratitude, Madam Jennifer, Headmistress of St. Justin’s Anglican Cluster of Schools, lauded the gesture: “Your investment in our school is an investment in the nation’s future. We are inspired by your commitment and look forward to a partnership that continues to uplift and empower our students.”

 

CalBank reiterated its pledge to advance education and financial literacy as a cornerstone of its mission, aiming to create lasting social impact across Ghana.

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