16 June 2020, Yangon, Myanmar - Standard Chartered Myanmar has donated USD 545,000 to Red Cross and UNICEF programmes that are providing emergency relief to communities impacted by the COVID-19 pandemic.
In total, USD 345,000 will be contributed to the Red Cross for the provision of urgent medical support and USD 200,000 to UNICEF for the immediate protection and education of vulnerable children.
Myanmar has been home to Standard Chartered Bank for over 150 years. As a financial institution, the Bank plays a key role in the facilitation of investment and the rejuvenation of the financial sector here. To ensure sustainable development, the Bank has also launched a range of Education and Health-related community initiatives to help stimulate economic and social growth. The COVID-19 donation reinforces the Bank's commitment to the Myanmar community and demonstrates our brand promise, Here for good.
Patrick Charm, Chief Representative of Standard Chartered Bank Myanmar, said: “Standard Chartered Myanmar is proud to be able to contribute to Red Cross and UNICEF programmes that reach the most vulnerable people in our communities. By working with these organisations, we are able to support the delivery of rapid and effective emergency relief that aims to address some of the key challenges created by the COVID-19 pandemic.”
Mohammed Mukhier, Deputy Regional Director, Asia Pacific, at the International Federation of Red Cross and Red Crescent Societies, said: “Thanks to Standard Chartered’s generous donation, Red Cross and Red Crescent Societies can support local communities now facing increasing challenges due to the pandemic. Red Cross and Red Crescent volunteers are the frontline responders, and these funds will help address some of the most urgent health and socioeconomic impacts faced by the most vulnerable people across our country. Thanks to the vital donation from Standard Chartered we can continue to support more people facing the devasting effects of Coronavirus.”
Alessandra Dentice, UNICEF Deputy Representative to Myanmar, said: “As the Government of Myanmar prepares to re-open schools across the country, the funds from Standard Chartered Myanmar will support our efforts to help children’s continuous learning in a safe, healthy and protective environment.”
