NCB launches $300-m disaster relief fund
NATIONAL Commercial Bank Jamaica Limited (NCBJ), through its philanthropic arm, NCB Foundation, Friday announced the launch of a $300-m disaster relief fund to support people affected by Hurricane Beryl, which ravaged several parts of the island on
Wednesday.
The foundation, working with other approved charitable organisations, will provide support to individuals and communities impacted by the hurricane. This will primarily assist with the restoration of homes and farmers’ crops in more severely damaged parishes such as St Elizabeth, Hanover and Manchester.
“The fund will be established with an initial pledge of $20 million from NCB. We will also solicit corporate and individual contributions for this vital cause. All donations received will be matched by NCB, up to a maximum of $150 million,” said CEO of NCB Foundation Sheree Martin.
“We are deeply concerned for our fellow Jamaicans who have suffered emotional and financial loss due to this hurricane. This fund is an opportunity to provide a total of $300 million to help restore normalcy to their lives and communities,” said chairman of NCB Financial Group Limited Michael Lee-Chin. “I therefore call on our customers, other corporate entities, the general public, and the diaspora to support this initiative so that we can double your donation — for every dollar you give, NCB will match it.”
Donations may be made via online transfers for the period July 5 to 31, 2024 to the following accounts in the name of NCB Building a Better Jamaica Fund:
J$ – NCB Mandeville Branch – 501556815
US$ – NCB 1-7 Knutsford Blvd Branch – 354658984
The bank said further information about the fund and the partnerships established to administer and distribute relief aid will be made in the days ahead.
