Bank of East Asia Foundation ups COVID relief to $3m

Partner NGOs will distribute sanitary packs and necessities in Hong Kong.

Bank of East Asia’s charitable arm has extended its COVID-19 relief donation from $2m (US$257,454) to $3m (HK$386,175), according to a news release.

The Bank of East Asia Foundation partnered with additional non-government organisations, on top of the 10 NGOs the bank had associated with in the first stage of the initiative. The NGOs will purchase and distribute sanitary packs and daily necessities worth $100 (US$12) to Hong Kong’s underprivileged citizens.

Earlier, the bank had temporarily closed several branches, promoted digital channels and allowed staff to work from home to combat the virus.