Get eStatements
Indonesia
The Medan branch opened for clothes collection
Clothes collected at the Medan branch
Staff collecting the donations
How the Tsunami affected Indonesia?
Aceh, the hardest hit area is one of the 32 Indonesian provinces. Nias Island, a part of N. Sumatra Province was also hit by the quake and tsunami. From here there were more than 100,000 fatalities and thousands more have been left without shelters, minimal food and jobs. The devastation has left some of the villages in the West coast of Aceh with a mere 10% of their original populations.
The UN have estimated that US$1.6 billion is needed for emergency rehabilitation of the globally impacted areas in the next 6 months. The challenges that people face in Aceh, include the practical aspects such as a lack of fuel, transportation, number of volunteers as well as psychological trauma, risk of trafficking of orphaned children and spread of disease.
Indonesian central bank has launched a consolidated initiative and fundraising activity. More than 45 foreign banks have participated, including Standard Chartered (see below).
Seventeen members of staff in Standard Chartered Indonesia's immediate families have been impacted by the tsunami-quake in Aceh.
What is Standard Chartered Indonesia doing?
Standard Chartered Indonesia has done many fund raising activities to help give aid to those affected by the tsunami disaster.
The Medan branch opened an emergency base-camp to provide a clothes collecting point and information centre.
Over the Christmas and New Year holidays, Wholesale Bank and Consumer Bank staff worked together to help the Bank's organizational development customers who needed to do transactions as a result of the tsunami's affect on Aceh.
The Bank transferred IDR10 million (US$1,100) to 16 employees for immediate emergency support. The CEO, Simon Morris, personally met a number of employees to express his condolences and solidarity.
The Bank pledged a further IDR10 million (US$1,100) to Indonesian central bank. Five million of which shall go to the emergency relief effort with the Indonesian Red Cross and ICRC. The other five million will fund activities in cooperation with development organizations under the UN.
To help raise more funds, staff then held a Charity Bazaar in the Bank's building of which 15% of the proceeds were given to the relief effort.
SCB employees and MANCO members managed to collect approx IDR 77 million (around USD 8,500 as of as 2nd week of Jan 2005). The account was closed at the end of January 2005. The Bank will match the fund and the proceeds from employees shall be channeled to Indonesian Red Cross.
What is Standard Chartered worldwide doing?
AmericaAmericas staff across seven countries personally donated up to US$17,000 towards tsunami relief efforts in South Asia. With a further Bank match of US$17,000, a total of US$34,000 was donated to Christian Children's Fund, an international aid organization that is highly active with existing and emergency staff in the countries hit hardest by the tsunami, namely Indonesia, Sri Lanka and India. They have been working around the clock providing disaster relief and emergency services, and are committed to providing long-term humanitarian relief long after the debris has been cleared.
behalf of the Americas staff, CEO Jim McCabe presented our donation to Mr. William Hopkins, Treasurer of the Christian Children's Fund, at a customer dinner on February 10, 2005 in Washington DC. Mr. Hopkins in turn awarded Mr. McCabe with a plaque dedicated to Standard Chartered Bank and its generous staff.
SingaporeStaff in Singapore donated more than SG$240, 000 to the Tsunami Relief Fund to help those whose lives have been affected by the tsunami tragedy. With a further donation of SG$100, 000 from the Bank, the total sum collected amounted to more than SG$340, 000. To find out more click here
ChinaStaff in China have raised RMB 57,441 (US$6,940) which was donated to the China Red Cross (Shanghai). We were awarded a certificate to acknowledge our humanatarian contribution.
MalaysiaStandard Chartered Bank Malaysia have also contributed RM2 million to the National Disaster Relief Fund. CEO of Malaysia, Shayne Nelson presented the RM2 million cheque to Prime Minister YAB Dato' Seri Abdullah Ahmad Badawi in Putrajaya.
Shayne commented, "It is important to ensure the effort to recover from the disaster is sustained. The process towards rebuilding lives and healing will be over a longer period of time.
"Standard Chartered Bank would like to make a difference by being part of the comprehensive and progressive effort of the National Disaster Relief Fund in taking care of immediate as well as longer term relief for victims of the tsunami."
SrilankaIn Sri Lanka, staff donations have been used to purchase specific items as required by charities or NGOs. For example money has been given to buy books, drawing materials and toys for 50 children in an identified village and mattresses, cooking utensils, specific items of clothing and coked food have been given to those that are just returning to their homes.
All assistance through the fund is approved by the Relief Committee, which is overseen by the Head of Finance and Head of Consumer Banking as the representative ManCo members who are signatories for the relief account.
ThailandOur staff meet with the Mayor of Phang-Na at the construction site of Rajaprajanugroh School where we will provide the majority of funding to restore it for the use of 1,000 students. Staff in Thailand have donated over US$10,000, which was collected and passed on to support the government disaster relief effort. Staff have also worked closely with the British Club to donate relief items such as clothes, toiletries, blankets, dry food and medicine.
A total of THB1 million (US$25,600) has also been donated to help victims through the Thai Bankers Association. Sixty nine staff have also volunteered to work with the British Embassy to help coordinate their relief efforts, specifically through taking calls and providing translations services. HongkongStaff in Hong Kong have raised over HK$812,643. These donations are matched by the Bank raising this figure to a total of HK$1.6 million to help those affected by the tsunami. Staff are still donating so this figure is sure to continue to increase.
UAEIn the UAE, staff are collecting toys to send to the children's rehabilitation centres being set up in Sri Lanka for children orphaned by the tsunami.
In Sri Lanka, staff have donated one-day's salary and have given up their traditional end of year luncheon to donate these monies to the Bank's relief fund.
In Indonesia, Sri Lanka and Thailand, and across many more of our countries staff are collecting goods from dry rations, water, blankets, medicines and other necessities and working with embassies and aid agencies to make sure that these are delivered to affected areas.
Standard Chartered has contributed US$5 million to local relief funds.
A task force that also includes CEOs from the countries that have been affected by the tragedy has been set up. The task force will also look at longer term projects and efforts that will allow those communities to rebuild.