HSBC today confirmed a Group donation of £1 million (USD$1.6m) to help SOS Children's Villages in its efforts to care for orphaned children in Haiti.
SOS Children CEO Andrew Cates said "we are delighted that HSBC, with its longer term perspective on helping children through education and building futures, has made such a strong commitment to children suffering from the terrible earthquake."
In light of the devastation caused by the recent earthquake in Haiti, we expect a substantial increase in the need for our services, and HSBC's donation will be directed at supporting SOS Children's longer-term efforts to rebuild Haiti and build a future for its children.
HSBC has worked closely with SOS Children over a number of years through its Future First programme. SOS Children has operated in Haiti for roughly 30 years and has two Children's Villages in the country."Without a home and an education, the prospects for these children could be even more bleak than the awful experience they suffer today", said Kathie Neal, Development Director for SOS Children. "Your generous donation will have a tremendous impact when it comes time to rebuild for the future - be that schools, social and training centres or new SOS homes for these children".
In addition to the Group donation, regions across HSBC continue their individual responses to raise funds for disaster relief in Haiti. HSBC France, for example, has raised 34,305 Euros through donations from employees and customers.