National Bank to donate $500,000 to the United Way Centraide Canada COVID-19 Community Response and Recovery Fund
MONTREAL , March 24, 2020 /CNW Telbec/ - In response to an appeal from United Way Centraide Canada, National Bank announces that it will donate $500,000 to the COVID-19 Community Response and Recovery Fund intended to support those most in need in communities affected by the pandemic. National Bank has been a proud partner of United Way Centraide Canada for more than 40 years.
The Bank's donation, along with community donations collected via the United Way Centraide Canada online platform , will be used to provide essential services, community services and services for senior citizens.
"It's always important to take care of the most vulnerable among us, but it's all the more vital in these exceptional circumstances," said Louis Vachon , President and Chief Executive Officer of National Bank. "United Way Centraide Canada is doing an outstanding job of improving the well-being of at-risk communities. That's why we need to continue to support them in the current situation. I'd like to recognize all the people who are doing their utmost to provide health and psychological care and socio-economic support in these trying times."
About National Bank of Canada
With $289 billion in assets as at January 31, 2020, National Bank of Canada , together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has more than 26,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media such as Facebook , LinkedIn and Twitter .
SOURCE National Bank of Canada