Luis Carlos Sarmiento Angulo Donates $20 Million USD to Help with the Covid-19 Crisis in Colombia
30 Março 2020 - 10:19PM
Business Wire
Luis Carlos Sarmiento Angulo, Founder and Chairman of Grupo Aval
(NYSE listed: AVAL), announced a $20 million donation to help
alleviate the impact of Covid-19 in Colombia.
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Luis Carlos Sarmiento Angulo, Founder and
Chairman of Grupo Aval (NYSE listed: AVAL), announced a $20 million
donation to help alleviate the impact of Covid-19 in Colombia.
(Photo: Business Wire)
The Colombian banker’s contribution will be directed towards
funding the acquisition of 300,000 diagnostic kits, which have
proven critical in helping to identify and stop the spread of the
disease, as well as ventilators, among the most crucial medical
equipment necessary to treat the respiratory problems that result
from the virus.
In addition to the medical aid, Sarmiento Angulo announced that
a portion of the donation will go towards providing meals for the
most vulnerable segments of the population nationwide, which are
struggling to deal with economic impact of the quarantine.
This donation complements the aid programs that many of his
businesses have already announced, including, among others: 1)
Credit relief programs for Grupo Aval’s clients, 2) a $300M USD
financing line made available by Grupo Aval to help businesses make
payroll and preserve employment, and 3) a $5.5M USD donation by
Promigas also focused on addressing Colombia’s health and wellness
needs in these times of crisis.
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version on businesswire.com: https://www.businesswire.com/news/home/20200330005779/en/
Mariné Moré Morera Fabiola Morera Comunicaciones +57 3166948450
marinemorera@fabiolamorera.co
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