In light of the devastating drought and famine in East Africa, Deutsche Bank decided to make a corporate donation of half a million euros in favour of the United Nations Children’s Fund (UNICEF).The bank’s initial donation to UNICEF amounted to 250.000 euros. In addition, Deutsche Bank matched all donations made by employees and clients that were booked against the respective local accounts of Deutsche Bank and its foundations. For this purpose the bank had reserved another 250.000 euros.
As per November 1, 2011, donations made by staff and clients have surpassed the amount of 400.000 euros. Total donations of Deutsche Bank, its foundations, staff and clients now amount to almost 1 million euros.
All donations are used for urgent relief in Somalia, Kenya, Ethiopia and Djibouti.