Branches accepting public donations to Canadian Red Cross
TORONTO, Aug. 23 /CNW/ - RBC Foundation today announced it is donating
$100,000 to the Red Cross to support water purification and sanitation
requirements as well as emergency relief efforts for communities
affected by the floods in Pakistan. It is also accepting donations from
the general public at all of its branches across Canada.
"The scale of this disaster is enormous and its impact has been
devastating to millions of people and their communities," said Gordon M.
Nixon, president and CEO, RBC. "On behalf of our clients and employees,
we are supporting the relief efforts with a donation and by making our
branches available to help raise funds from the public."
Anyone who wants to contribute to the Canadian Red Cross can do so by
visiting any RBC branch in Canada. The Canadian government announced
that it will match dollar-for-dollar money donated to registered
Canadian charities between August 2 and September 12 to the flood
relief. Funds raised will be used to provide relief items such as food,
clean water, shelter materials, blankets and clothing on an urgent basis
where the need is the greatest.
Royal Bank of Canada (RY on TSX and NYSE) and its
subsidiaries operate under the master brand name RBC. We are Canada's
largest bank as measured by assets and market capitalization, and among
the largest banks in the world, based on market capitalization. We are
one of North America's leading diversified financial services companies,
and provide personal and commercial banking, wealth management services,
insurance, corporate and investment banking and transaction processing
services on a global basis. We employ approximately 77,000 full- and
part-time employees who serve more than 18 million personal, business,
public sector and institutional clients through offices in Canada, the
U.S. and 52 other countries. For more information, please visit rbc.com.
For further information: For further information:
Jackie Braden, 416-974-1724, email@example.com