18 June 2020

HSBC SG donates $750,000 to help local COVID-19 relief efforts

HSBC Singapore is donating a total of SGD$750,000 to three charities that will help to financially assist low-income families, migrant workers, people with disabilities and the elderly during this period of social and economic distress.

The charities that will receive a portion of the total donation are Willing Hearts, The Food Bank Singapore and Community Chest, the fundraising and engagement arm of the National Council of Social Service (NCSS). Community Chest will disburse their allocated funds to Ang Mo Kio Family Service Centre and Humanitarian Organisation for Migration Economics (H.O.M.E.).

Tony Cripps, CEO for HSBC Singapore, said: "As one of the oldest banks in Singapore, we’ve been steadfast in helping Singaporeans face challenges over the years, and we wanted to see where our support would be most needed in this current crisis. COVID-19 is revealing the tightrope that many of our more vulnerable members of society face, which is why we have focused on these areas."

HSBC has one of the longest corporate volunteer programmes in Singapore. Together with our partners, our volunteers have collectively contributed more than 200,000 community service hours for the benefit of more than 10,000 to 20,000 needy people over the past 20 years.

Summary of the SGD 750,000 donation

Charity organisation

Programme name

COVID-19 issue addressed

Donation amount

Community Chest

Ang Mo Kio Family Service Centre COVID-19 Programme

Provide urgent financial relief for low-income families

SGD 300,000

Community Chest

Humanitarian Organisation for Migration Economics (H.O.M.E.) COVID-19 Programme

Provide crisis accommodation and urgent financial relief for migrant workers

SGD 250,000

Willing Hearts

Feeding Programme

Provide food security for people with disabilities and elderly who live alone

SGD 100,000

The Food Bank Singapore

Feed the City

Provide food security for low-income households

SGD 100,000