CIMB GROUP LAUNCHES KOMUNITI KITA COVID-19 RELIEF PROJECT WITH A RM10 MILLION COMMITMENT TO AID COMMUNITIES IN NEED

The initiative includes support for the national healthcare system and food provisions for communities across Malaysia 

KUALA LUMPUR, Sept 2 (Bernama) --  CIMB Group Holdings Berhad (“CIMB” or “the Group”) and its corporate social responsibility (“CSR”) arm, CIMB Foundation (“the Foundation”), announced today that the Group has committed to providing an additional RM10 million in pandemic aid via its Komuniti Kita COVID-19 Relief project. RM9 million is being funded collectively by CIMB Foundation and CIMB Group, while the Group is aiming to raise an additional RM1 million via an employee donation drive. The funds will be used to provide immediate much needed support to the national healthcare system and expand the Group’s CSR initiatives for communities in need across Malaysia. Out of the RM10 million, RM5 million has been committed, while the remaining amount will be earmarked for later use in the ongoing battle against the impacts of a possible prolonged pandemic.

A key thrust of the Komuniti Kita COVID-19 Relief project is to provide immediate support to Malaysia’s healthcare system as hospitals continue to manage the overwhelming number of cases. On that front, RM3 million has been allocated towards upgrading medical facilities in the fight against COVID-19. Of this amount, RM1.6 million is already being deployed through collaboration with MERCY Malaysia to provide medical and non-medical support, including the conversion of facilities into COVID-19/ICU wards, for relevant COVID-19 facilities. These include hospitals across the country such as Pusat Perubatan Universiti Malaya, Hospital Melaka, Hospital Sultan Haji Ahmad Shah, Hospital Sultan Ismail, Hospital Tangkak and Hospital Sultan Abdul Halim, in addition to COVID-19 assessment centres.

Another main thrust of the Komuniti Kita COVID-19 Relief project is to provide much needed food supplies to communities across Malaysia, as the pandemic continues to impact the livelihoods of many. In partnership with various non-governmental organisations (“NGOs”), the Group has started mobilising RM2 million in essential food provisions for individuals and families to provide temporary sustenance until the pandemic situation improves and they can start rebuilding their livelihoods. Amongst the NGOs the Group has started working with include The Lost Food Project, Food Aid Foundation, Yayasan Food Bank Malaysia, the Malaysian Relief Agency, Persatuan Bencana Alam Negeri Kedah and Yayasan Nurjiwa, with more NGO partners to be added as the project is expanded to more communities.

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