2 Sept 2021

CIMB commits RM10mil Covid-19 fund to help communities
Media Title: The Star Online
Section: News
KUALA LUMPUR: CIMB Group Holdings Bhd and its corporate social responsibility (CSR) arm, CIMB Foundation is committed to providing an additional RM10mil in pandemic aid via its Komuniti Kita Covid-19 Relief project.

“RM9mil is being funded collectively by CIMB Foundation and CIMB Group, while the group is aiming to raise an additional RM1mil via an employee donation drive,” CIMB said in a statement.

"The funds will be used to provide immediate support to the national healthcare system and expand the group’s CSR initiatives for communities in need across Malaysia,” it added.

Out of the RM10mil, CIMB said RM5mil had been committed, while the remaining amount will be earmarked for later use in the ongoing battle against the impacts of a possible prolonged pandemic.

CIMB said a total of RM3mil has been allocated towards upgrading medical facilities in the fight against Covid-19.

Of this amount, RM1.6mil is already being deployed through collaboration with Mercy Malaysia to provide medical and non-medical support, including the conversion of facilities into Covid-19/ICU wards, for relevant Covid-19 facilities.

In partnership with various non-governmental organisations (NGOs), the group has started mobilising RM2mil in essential food provisions for individuals and families to provide temporary sustenance until the pandemic situation improves and they can start rebuilding their livelihoods.

The NGOs included the Lost Food Project, Food Aid Foundation, Yayasan Food Bank Malaysia, the Malaysian Relief Agency, Persatuan Bencana Alam Negeri Kedah and Yayasan Nurjiwa.

CIMB group chairman Datuk Mohd Nasir Ahmad said: “As a purpose-driven organisation, we are pleased to do our part by allocating an additional RM10mil in Covid-19 relief, both through our group’s contribution and that of our #teamCIMB.

“We hope our contribution, even if only in some small way, will help to address some of the challenges faced by our healthcare system and alleviate the burdens of those affected by the pandemic.”
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