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Home BANKING

Standard Chartered donates USD 249,000 for flood relief.

News Desk by News Desk
November 14, 2022
Standard Chartered donates USD 249,000 for flood relief.
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Standard Chartered has donated a total of USD 249,000 towards emergency
relief and rehabilitation of communities impacted by the recent floods that have caused large-scale
devastation all over Pakistan. The selected partners are The Citizens Foundation and Orange Tree
Foundation for immediate relief and British Asian Trust for rehabilitation. Both these organisations have
extensive experience and resources to expand the outreach of such philanthropic efforts, promising relief to
the flood affected people and communities. The donation is in line with the humanitarian initiatives
supported by Standard Chartered, globally.
This donation has enabled distribution of more than 50,000 meals and grocery packs (sufficient for a family
of five) to the flood victims, who are left without food, shelter and healthcare across Pakistan. In addition,
hundreds of tents have been distributed to provide shelter and relief for those who were left homeless in
various areas of Sindh and Punjab.
The emergency effort is also directed towards rehabilitation of communities which includes providing cash
grants to 240 households, rehabilitation of 140 water points to enable access to clean drinking water, and
distribution of seeds for key cash crops such as wheat and sunflowers to farmers.
Rehan Shaikh, Chief Executive Officer, Standard Chartered Bank (Pakistan) Limited said, “We are deeply
shocked by the devastation of the floods in Pakistan. Our commitment is absolute, and we are totally
focused and determined towards rehabilitation and relief of the flood affected people. We are fully
committed to providing maximum relief to our brethren who have suffered tremendous losses due to the
massive floods in Pakistan.
By working with these leading NGO partners, we are able to support the delivery of rapid and effective
relief efforts that aims to address some of the key challenges created by the devastating floods.

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