HSBC donates social foundations

HSBC donates social foundations

YOGYAKARTA: In conjunction with the 120th anniversary of
the Hong Kong and Shanghai Banking Corporation (HSBC) Indonesia,
the bank donated Rp 120 million to three social foundations under
the supervision of Yogyakarta Sultana GKR Hemas.

Company chief executive Richard McHowat presented the donation
on Friday to GKR Hemas, accompanied by Sultan Hamengkubuwono X,
the Governor of Yogyakarta. The donation was part of the bank's
social relationship program, HSBC Kita.

Accompanying McHowat were HSBC Indonesia senior vice president
of personal financial services Lily Budiono and HSBC Semarang
branch manager Andre Sudjono.

"We will continue sharing our success with the local
community, including Yogyakarta, through our HSBC Kita programs
that are focused on education, the environment and social
welfare. That's part of our commitment to the wealth of the local
community," McHowat said.

The donation will be distributed to the Yayasan Sayap Ibu
orphanage, the Yayasan Wredha Mulya old people's home and the
Indonesian Cancer Foundation.

The bank held other activities to mark its anniversary,
providing free English classes, helping out with the renovation
of elementary school buildings, supplying textbooks to schools
and providing stationery to needy children. --JP