MANILA, Philippines - Global banking giant Citi has launched several initiatives around the world to support relief efforts in the Philippines.
Citi Asia Pacific CEO Stephen Bird appealed to employees around the region to assist Citi Philippines’ fund raising campaign for the benefit of the Philippine Red Cross.
“Our thoughts are with the people of the Philippines and our focus is on supporting those who have lost families and homes," he said.
Bird also announced a $250,000 disaster relief grant from the Citi Foundation to the American Red Cross Pacific Typhoon Fund for relief and recovery efforts in the affected communities.
Citi’s ASEAN Equities business committed to donate all commissions from equity sales and trading operations in ASEAN on November 13 to the Philippine Red Cross. This raised $500,000 to support the Philippine Red Cross’s longer term rebuilding of affected communities.
"The pledges of support from Citi employees around the world have been simply overwhelming,” said Batara Sianturi, Citi Country Officer for the Philippines.
"Colleagues who have worked in the Philippines or have relatives and friends here are deeply concerned and want to help in any way they can. We have mobilized the collection of relief goods, coordinated volunteer efforts, and continue to campaign for contributions to aid the ongoing rescue work.”
Other initiatives include:
In the U.S., Citi has activated American Red Cross fundraising microsites to facilitate donations from U.S. employees and clients. Citi’s ThankYou Rewards customers can also redeem their points toward a donation to the American Red Cross at www.thankyou.com.
Citi Canada employees are donating to UNICEF; and the donations will be tripled in impact thanks to a match by the Government of Canada and UNICEF corporate supporters.
Citi Philippines is inviting cardholders to donate to relief operations using their Rewards Points, with the Philippine Red Cross as beneficiary (1,000 Rewards Points is equivalent to P100 donation).
Citi Philippines cardholders can also donate via Citi Mobile and send donations through SMS for the benefit of ABS CBN’s Sagip Kapamilya Foundation. To donate, simply text CITIGIVE
Citi Philippines also announced it is extending anew a debt payment relief to its clients from the affected regions. Citi credit cardholders can request for a 60-day payment extension and late payment charges will also be waived. Special concessions can also be arranged on a case to case basis. Clients may call the 24-hour CitiPhone at 632-995-9999 to avail and for more details.
If you wish to donate to Citi’s Typhoon Yolanda Relief Fund, please see account details below:
Account Name: TYPHOON YOLANDA/HAIYAN RELIEF FUND
US Dollar Account No: 1600125377
Peso Account No: 1400172923
Swift Code: CITIPHMX
Routing Number: 021-0000-89 (CITINY)
Address: Citibank, N.A. 8741 Paseo De Roxas Ave. Makati City, Philippines
source: www.abs-cbnnews.com
