April 30, 2014

Typhoon Haiyan: Deutsche Bank Foundation presents donation to Malteser International for long-term reconstruction support

Typhoon Haiyan, which struck the Philippines in November last year, is considered to be one of the greatest humanitarian catastrophes of 2013, claiming approximately 5,700 deaths and making more than 4 million people homeless.

In November, the Deutsche Bank Foundation provided relief funds of more than 790,000 euros consisting of its own resources as well as employee and client donations. Those funds were supplemented with donations from clients, employees, and the bank worldwide – for a total relief sum of 1.3 million euros.

 

The donations were distributed to international and local relief organizations – but people continue to suffer from the devastating effects of the typhoon and are in need of help. The Deutsche Bank Asia Foundation and the bank’s management in Asia collaborated with these organizations to select suitable options and solutions to guarantee comprehensive, long-term support.

 

With its funding commitment of 270,000 euros to the Malteser International Management Board, the Deutsche Bank Foundation underscores its continued support for long-term relief projects.

 

Overall, the funds will contribute to 256 homes being either built or repaired in the village of Okoy on Bantayan Island. The buildings will be constructed to better withstand natural occurrences, according to the motto “building back better.” The relief efforts will have a focus especially on large families who live on the edge of poverty and those in which women are responsible for their own subsistence and that of their children, as well as on homes for the elderly and physically challenged people. In addition to home construction, the Malteser aid projects concentrate on restoring water supplies, improving hygienic conditions, and equipping schools.

 

With your personal contribution, you can help increase the relief funds of Deutsche Bank Foundation locally for people in need:

 

Donation account for employees of the
Deutsche Bank Foundation
Account number: 015 6000 08
Bank code: 500 700 10, DB AG, Frankfurt,
IBAN: DE54 5007 0010 0015 6000 08
BIC: DEUTDEFFXXX
Purpose: Typhoon Haiyan 2013

 

Donation account for clients/external people
Deutsche Bank Foundation
Account number: 015 6000 09
Bank code: 500 700 10, DB AG, Frankfurt
 
IBAN: DE27 5007 0010 0015 6000 09
 
BIC: DEUTDEFFXXX
Purpose: Typhoon Haiyan 2013

“We are particularly endeavored to help people in the Philippines, who have been severely affected by the catastrophe, return to normality and giving them a home. The contribution to building homes that will better protect their occupants from natural occurrences in the future corresponds to our sustainable funding approach.”

Claudia Lange Management Board Member of the Deutsche Bank Foundation

Deutsche Bank Foundation

Deutsche Bank Foundation focuses its support primarily on educational, social, and cultural projects. The main objective of the foundation is to foster projects that ideally combine these aspects and encourage young people to realize and develop their full potential. The foundation’s Alfred Herrhausen Fund supports initiatives aimed above all at improving the career prospects of disadvantaged young people.

more

Deutsche Bank disaster relief

In 2013,   1.3 million were donated to victims of natural catastrophes

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