Compagnie Monégasque de Banque (CMB) took the initiative on April 10 to set up a vast system for collecting donations for the Princess Grace Hospital Centre (CHPG), to enable residents and friends of the Principality to take part in the national solidarity drive.
As a local institution and leading private bank in the Principality, CMB was keen to be a key player and to participate actively in the fight against coronavirus within the Monegasque community.
A total of 470,955 euros, including 100,000 euros granted by CMB, were raised in just over a month. The numerous donations have notably enabled: The purchase of biological material in order to be autonomous in carrying out virological and serological tests; adding to the medical equipment of the care services dedicated to the coronavirus; and the provision of all protective equipment for staff and patients to ensure the highest level of safety.
Francesco Grosoli, CMB’s CEO, said: “I would like to express my deepest gratitude to all those who are on the front line of the fight against Covid-19 and to the generous donors who have made this fundraising campaign a real success”, and added “United, we are stronger together.”
Benoîte de Sevelinges, Director of the CHPG, expressed “a big thank you to everyone” for their contribution. Benoîte de Sevelinges also emphasised that all these donations will allow the hospital to anticipate and organise itself for the coming months according to the evolution of the pandemic.
CMB, created in 1976, a subsidiary of the Mediobanca Group, is the leading private bank in Monaco and employs 250 people. It had a consolidated balance sheet total of 5.2 billion euros as at December 31, 2019.