TORONTO, Oct. 13,
2023 /CNW/ - Scotiabank announced today it is
donating an initial $250,000 to the
Canadian Red Cross Middle East Humanitarian Crisis Appeal and the
UJA Federation of Greater Toronto
Emergency Appeal for the People of Israel. The donations will help to provide
urgent humanitarian aid for those affected by the evolving conflict
in the Middle East. The Red Cross
appeal is an international effort coordinated with the Red
Cross and Red Crescent Movement, supporting the work of
Magen David Adom and the Palestine
Red Crescent Society.
"The horrific events that have taken place have had an
incredibly deep impact on our people, our families and communities,
who are feeling the pain and fear that these atrocious acts of
terrorism are causing on innocent civilians. These violent attacks
are unconscionable, and against the very grain of what we value as
a society—the ability to live in peace and security, and with
respect of each other," said Scott
Thomson, President and CEO of Scotiabank. "I want all our
Scotiabankers and our clients to know that we are thinking of you,
that we are all deeply affected by this violence, and that we are
here to support you. As we all grapple with this evolving
situation, know that we all stand together in our hopes for
long-lasting peace in the future."
Donations to the UJA Federation of Greater Toronto can be made online and the
Canadian Red Cross can be made online at redcross.ca, or at any
Scotiabank branch starting on October 16,
2023. Money raised will enable the provision of lifesaving
interventions, ongoing relief efforts, and other critical
humanitarian activities for those impacted by this conflict.
About Scotiabank
Scotiabank is a leading
bank in the Americas. Guided by our purpose: "for every future", we
help our customers, their families and their communities achieve
success through a broad range of advice, products and services,
including personal and commercial banking, wealth management and
private banking, corporate and investment banking, and capital
markets. With a team of over 90,000 employees and assets of
approximately $1.4 trillion (as at
July 31, 2023), Scotiabank trades on
the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange
(NYSE: BNS). For more information, please visit
http://www.scotiabank.com and follow us on X
@Scotiabank.
SOURCE Scotiabank