Sacombank brings cheer to the disadvantaged during Tet

Friday, Jan 17, 2020 17:42

Nguyen Duc Thach Diem, CEO of Sacombank presents Tet gifts to children at the Hy Vong Special Education School in HCM City’s District 8 as part of Sacombank’s 17th Warm Spring programme. — Photo courtesy of Sacombank

Sacombank has set aside VND8 billion (US$346,783) for Tet (Lunar New Year) gifts for the disadvantaged in Viet Nam as well as in Laos and Cambodia.

The gifts are part of Sacombank’s 17th Warm Spring programme, which runs from January to February during which its management and staff at localities visit and present gifts to children who are poor or have disabilities, the elderly and households in difficult circumstances.

The gifts are distributed at about 200 schools, shelters, orphanages, open houses and hospitals in 52 provinces and cities and in Laos and Cambodia where the lender has bank branches.

This year, for the first time, the programme has expanded to Laos and Cambodia. The lender has donated cash and essential goods to 50 visually impaired children at the Shelter of Light (in Vientiane, Laos) and gifts including cash, rice and necessities to 100 families of Vietnamese origin living in difficult circumstance in Phnom Penh, Cambodia.

The charity fund is extracted from the welfare fund, labour union fund and contributions of the entire Sacombank staff.

After 17 years of implementation, Sacombank has spent over VND70 billion ($3.04 million) on the programme, which shows the bank's long-term commitment to local social security and economic development.

With the motto "Together We Grow", in addition to the Warm Spring programme, Sacombank has organised many annual social campaigns such as humanitarian blood donations, marathons that aim to promote physical activities among youth, as well as thousands of “Incubating Dreams” scholarships awarded to students.

The bank also employs thousands of interns who practise at its transaction offices across the country, helping to build bridges, schools, charity houses, and caring for Vietnamese heroic mothers.

In 2019, Sacombank spent more than VND25 billion ($1.08 million) on social activities. — VNS

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