Wednesday, January 12, 2005

Banks help Tsunami relief efforts

Beyond the food aid and cleaning up, survivors of the tsunami need a lot more help to re-build their lives and businesses. Banks are helping in some parts of India by waiving interest payments and extending loan periods and in South Africa by waiving bank charges related to fund-raising efforts for victims. I hope Kenyan Banks can emulate such efforts whenever there are local disasters here such as floods, fires, or other devastating events.

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