GT Capital Covid-19 Relief Efforts
Physically distant, but generously close
The GT Capital Group of Companies continues to stand with all Filipinos facing the challenges brought about by the Covid-19 pandemic. Throughout the ECQ from 16 March to 01 June 2020, the Group supported its nearly 26,000 employees, while additional compensation and other valuable support have been extended to front-liners. All these amounted to approximately Php1.0 billion. Assistance was also provided to affected customers through grace periods for monthly amortizations, lease collections, and insurance premium payments, among other initiatives.
As of December 2020, the GT Capital Group of Companies has donated over Php300 million toward initiatives that directly support the fight against Covid-19, surpassing its original commitment. These are managed by the Metrobank Foundation and the GT Foundation, including Php25.4 million worth of personal protective equipment (PPE) to 21 hospitals, Php61.0 million for seven molecular testing laboratories in partnership with Philippine Red Cross, the T3 consortium, and the Department of Health, Php100.0 million in food donations for marginalized families through the Philippine Disaster Relief Foundation (PDRF), and Php15.0 million in antibody rapid test kits from Project ARK of the Office of the Presidential Adviser for Entrepreneurship and the University of the Philippines developed RT-PCR Test Kits in partnership with Manila HealthTek, Inc.