Banco Votorantim will donate 50 million to fight the coronavirus 01-04-2020

Today is the first of April, but it's not a lie, yes, Banco Votorantim made a donation that left many people perplexed, 50 million reais for redirects in projects that have a direct fight against the new pandemic.

Advertising - OTZAds

The famous investment manager Votorantim this week:

Advertising - OTZAds

The donation of R$ 50 million to governments, health institutions and private entities for the purchase of coronavirus test kits, respirators and other equipment needed to contain the new global crisis caused by the new coronavirus in the world and recently in Brazil.

Banco Votorantim irá doa 50 milhões para combater o coronavírus 01-04-2020

Advertising - OTZAds

The biggest beneficiaries of this action are the small and medium-sized cities that are more vulnerable to the spread of the disease and will also receive part of the amount donated by Votorantim.

Also according to the official statement from Banco Votorantim,

The intention is that part of the money be applied in small and medium-sized cities, which will be prioritized according to the greatest vulnerabilities in the municipalities.

In addition, the company will also redirect projects from the Votorantim Institute and investee companies, which were already running, to combat the new coronavirus. According to the company, the Votorantim Institute and the invested companies are currently carrying out more than 300 projects in the five regions of Brazil.

We must face this problem all together. This is not the time for political fights, left or right games. It is a serious public health problem that has affected the WORLD.

In addition, the company also informed, in a statement, that

“the challenge of facing the effects of Covid-19 is enormous, but Votorantim reinforces the belief that, with the joint efforts of public authorities, companies and civil society, working in a coordinated and harmonious manner, this health crisis will be overcome"

Anyway, did you like it? For more up-to-date news about the new coronavirus and its impacts on the Brazilian economy, click here and read Articles on this topic!

And of course, don't forget to share!

Source: Banco Votorantim

Votação do projeto renda básica durante pandemia é adiada 31/03/2020

Voting on the project for basic income during a pandemic is postponed in the Senate 03/31/2020

Banco Sicoob - Brazil's largest cooperative financial system