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HSBC pledges $1 million to tsunami appeal
29 December 2004
HSBC, through the Hongkong Bank Foundation, has given US $1 million to the International Federation of Red Cross and Red Crescent Societies following the tsunamis that wreaked havoc across the Indian Ocean on 26 December.
Douglas Flint, HSBC’s Group Finance Director, said: “We have all been shocked and saddened by the devastating effects of the Sumatra earthquake and tsunami which swept across the Indian Ocean.
“The scale of this tragedy is still very much unfolding and we continue to make every effort to account for all our staff and their families located or known to be in the regions affected.”
Although no HSBC offices or buildings were damaged by the tsunamis, the Group’s operations in the region will be affected due to the scale of the devastation, Flint said.
He also revealed that a disaster relief fund has been set up for all staff donations across the HSBC Group, while advising customers who wish to donate to channel their support directly through the International Red Cross.
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International Federation of Red Cross and Red Crescent Societies
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