Wednesday, 16 April 2014

Organisations benefit from CBN, NLA partnership

By Linda Straker

THE Grenada Kidney Foundation was among organisations which received financial assistance from a special partnership between the Grenada National Lotteries Authority (NLA) and the Canadian Bank Note (CBN), which had a total of EC$110 000 donated to charities.

CBN is a Canadian security printing company which prints the tickets of the National Lottery and according to Simon Wall, a director of the company, the financial assistance is just a small way of giving back to the community which it served.

The Canadian Bank Note Company (CBN) and the Grenada
National Lotteries Authority (NLA) officials with
recipients of the financial donation.
NLA and CBN representatives presenting a cheque to
officials from the Grenada Kidney Foundation.
Geoffrey Gilbert, NLA General Manager, said that the entire amount of EC$110 000 was contributed by CBN. “Of course there were some stipulated terms and conditions established by the NLA to qualify and ultimately access these funds,” he explained.

The distribution of the funds began during the Christmas season of 2013 when EC$40 000 in food hampers were distributed to a Senior Citizen Home, an orphanage and others.

The Kidney Foundation received EC$10 000; the General Hospital EC$55 000, the Scouts and Guides organisations EC$2 500 each; the Mirebeau Hospital X-ray machine project EC$5 000; the Sickle Cell Association EC$5 000; and HIV Care and Treatment and Oncology Care EC$5 000 each.

Speaking on behalf of the recipients, Ann David Antoine said that they were all very grateful and that the money will be used to assist to improve the conditions of all who seek support from the respective entities. She said that in the case of the hospital, that money will be used to assist in the shipping of donations to the hospital.

The presentations were witnessed by members of the Board of Directors of the NLA and officials from CBN.

The Canadian Bank Note Company is probably best known for being one of two private companies holding contracts with the Bank of Canada to supply it with Canada’s paper currency. The company’s other clients include private businesses, national and sub-national governments, central banks, and postal services from around the world.

In addition to bank notes, the company produces passports, driver’s licences, birth certificates, postage stamps, coupons, and many other security-conscious document-related products. It also prints and provides document reading systems for identification cards, lottery tickets, stamps, and bank notes.

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