Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB) Colombo along with its charity partners Seth Sarana Caritas Colombo, Association of Intellectually Disabled, JK Foundation and SAGT are pleased to announce their partnerships have positively impacted thousands of Sri Lankan families this year.
Deutsche Bank Sri Lanka’s CSR In the Community programme contributed to four Seth Sarana Caritas Colombo community projects this year, with Caritas deploying funds across several outreach programmes, ranging from food and shelter to Covid-19 medical support.
Of all the COVID-19 relief programs we supported this year, we are especially proud that the Molecular Virology Laboratory at the National Infectious Diseases hospital is up and running and providing invaluable and much needed diagnostic services during this Covid-19 pandemic. Vikas Arora, Chief Country Officer
As well as supporting essential health services, Deutsche Bank funded Personal Protection Equipment kits for intellectually disabled children and Covid relief food packs for many families as the pandemic shutdown the economy and people’s livelihoods.
“Helping Sri Lankan families with Food Packs of daily essentials during this Covid-19 crisis has also been a priority. Our relief efforts with Caritas helped more than 3200 vulnerable families across many districts1 who were in desperate need of essential food,” Arora said.
For as little at 10 Euros (LKR 2267) per family, Deutsche Bank funded 3200 Food Packs, which contained rice, flour, dhal, sugar, tea leaves, milk powder, coconut, noodles, chilli powder, soya, as well as face masks, hand sanitizer, and soap.
Seth Sarana Caritas Colombo, Fr. Lawrence Ramanayake said: “We identified the most marginalized segments of the community to receive this support - single mothers with young school-going children, young widows with children, low income families with disabled members, and the elderly – and arranged distribution. You could see the relief in their eyes,” he added.
Other bank initiatives included the employee “Steps Challenge” which saw 60 employees in Sri Lanka take more than 15 million steps over 40 days, to mark Deutsche Bank’s 40th anniversary in Sri Lanka this year and to fundraise for the needy. This distance was the equivalent of each staff member walking six kilometres per day.
For further information please contact:
Deutsche Bank AG Media Relations Sarah Stabler Phone: +65 6423 8413 Email: sarah.stabler@db.com
About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
Disclaimer:
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.
Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission.
Such factors are described in detail in our SEC Form 20-F of 20 March 2020 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.
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Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB) Colombo along with its charity partners Seth Sarana Caritas Colombo, Association of Intellectually Disabled, JK Foundation and SAGT are pleased to announce their partnerships have positively impacted thousands of Sri Lankan families this year.
Deutsche Bank Sri Lanka’s CSR In the Community programme contributed to four Seth Sarana Caritas Colombo community projects this year, with Caritas deploying funds across several outreach programmes, ranging from food and shelter to Covid-19 medical support.
As well as supporting essential health services, Deutsche Bank funded Personal Protection Equipment kits for intellectually disabled children and Covid relief food packs for many families as the pandemic shutdown the economy and people’s livelihoods.
“Helping Sri Lankan families with Food Packs of daily essentials during this Covid-19 crisis has also been a priority. Our relief efforts with Caritas helped more than 3200 vulnerable families across many districts1 who were in desperate need of essential food,” Arora said.
Seth Sarana Caritas Colombo, Fr. Lawrence Ramanayake said: “We identified the most marginalized segments of the community to receive this support - single mothers with young school-going children, young widows with children, low income families with disabled members, and the elderly – and arranged distribution. You could see the relief in their eyes,” he added.
Other bank initiatives included the employee “Steps Challenge” which saw 60 employees in Sri Lanka take more than 15 million steps over 40 days, to mark Deutsche Bank’s 40th anniversary in Sri Lanka this year and to fundraise for the needy. This distance was the equivalent of each staff member walking six kilometres per day.
For further information please contact:
Deutsche Bank AG Media Relations
Sarah Stabler
Phone: +65 6423 8413
Email: sarah.stabler@db.com
About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
Disclaimer:
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.
Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission.
Such factors are described in detail in our SEC Form 20-F of 20 March 2020 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.
Further links on the topic
Deutsche Bank in Sri Lanka
Corporate & Social Responsibility in Asia Pacific
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