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Deutsche Bank donates USD 20,000 to flood victims in Vietnam

November 2008 │ Vietnam

The Deutsche Bank Asia Foundation (DBAF) has donated USD 20,000 in aid of victims of the floods caused by the prolonged heavy rains earlier this month. The funds are channelled via the Vietnam Fatherland Front (VFF), who will disburse the money to the flood victims to help them rebuild their homes and lives. Described by the Vietnamese government as "the political base of people's power", VFF plays a significant role in alleviating poverty in the country.

At the cheque presentation ceremony last week, Tri Pham, Chief Country Officer for Deutsche Bank Vietnam presented the donation to Ha Van Nui, Director of the External Affair and Economic Department of the VFF. The event was attended by staff members from Deutsche Bank Vietnam and VFF.

Speaking at the ceremony, Tri Pham said: "Deutsche Bank has a long-standing tradition of supporting humanitarian efforts related to natural disasters throughout the region. This donation and our pledge to support local charities continue Deutsche Bank's strong community commitment to Vietnam."

In Vietnam, DBAF has participated in a number of charitable initiatives, with a core focus of helping children in need. For example, DBAF has helped to provide libraries for rural schools, donated funds for underprivileged children in need of life saving heart operations at Nhi Dong Paediatric Hospital, funding for child cancer patients at Cancer Hospital HCMC, and several other projects at orphanages and schools.

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Last Update: August 18, 2011
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