Standard Chartered Bank contributes $249,000 to flood relief efforts.
KARACHI: Standard Chartered Bank has donated a total of USD 249,000 towards emergency relief and rehabilitation of communities impacted by the recent floods that have caused large-scale devastation all over Pakistan, says a Press release.
The selected partners are The Citizens Foundation and Orange Tree Foundation for immediate relief and British Asian Trust for rehabilitation. Both these organizations have extensive experience and resources to expand the outreach of such philanthropic efforts, promising relief to the flood affected people and communities. The donation is in line with the humanitarian initiatives supported by Standard Chartered, globally.
This donation has enabled distribution of more than 50,000 meals and grocery packs (sufficient for a family of five) to the flood victims, who are left without food, shelter and healthcare across Pakistan. In addition, hundreds of tents have been distributed to provide shelter and relief for those who were left homeless in various areas of Sindh and Punjab.
The emergency effort is also directed towards rehabilitation of communities which includes providing cash grants to 240 households, rehabilitation of 140 water points to enable access to clean drinking water, and distribution of seeds for key cash crops such as wheat and sunflowers to farmers.
Rehan Shaikh, Chief Executive Officer, Standard Chartered Bank (Pakistan) Limited said, “We are deeply shocked by the devastation of the floods in Pakistan. Our commitment is absolute, and we are totally focused and determined towards rehabilitation and relief of the flood affected people. We are fully committed to providing maximum relief to our brethren who have suffered tremendous losses due to the massive floods in Pakistan.
By working with these leading NGO partners, we are able to support the delivery of rapid and effective relief efforts that aims to address some of the key challenges created by the devastating floods.