Media Release August 29, 2022

Deutsche Bank donates SLR 16.5 million for Sri Lankan relief

In response to Sri Lanka’s economic and humanitarian crisis, Deutsche Bank donated 40,000 euros (approx. 14.6 million Sri Lankan rupees) to provide medicines, storage equipment and 1,000 packets of food to the most vulnerable citizens of the country. The bank’s staff also rallied their support to raise an additional 7,453 euros (approx. 1.9 million Sri Lankan rupees) for this cause. Staff also participated in yoga sessions on World Meditation Day on May 20, to raise awareness about the situation in Sri Lanka.

The bulk of the funds went to the purchasing of medication to support local hospitals. Deutsche Bank worked with the Red Cross Society, who assisted the Sri Lanka Ministry of Health with the distribution to hospitals. Medicines were provided to District General Hospital in Vavuniya, the National Hospital of Sri Lanka and Lady Ridgeway Hospital For Children, both in Colombo. The bank also provided the Red Cross Society with tentage and equipment to store medicines.

In addition to the above, Deutsche Bank also supported feeding programmes, providing rice to 150 families in need, as well as seeds and paddy grains to 1350 farmer families to help with their agriculture sustainability.

As a committed partner to the country for close to 42 years, we have been involved in Sri Lanka’s development and partnered with various social causes over the years. So, it was only natural for the bank and its employees to stand behind the citizens of our country in their time of need. Vikas Arora, Chief Country Officer, Deutsche Bank, Sri Lanka

Over the years, Deutsche Bank’s Corporate Social Responsibility programme has actively engaged in addressing most relevant concerns of the local community in Sri Lanka. Supported by active staff volunteers, the programme works in the areas of education, community development and women’s empowerment.