Standard Chartered to Donate Face Masks and USD60,000 to Local Organizations

NEW YORK, April 6, 2020 – In response to the urgent needs created by the COVID-19 pandemic, Standard Chartered Americas is donating 20,000 pieces of N95 respirator masks for healthcare workers and committing $60,000 in funding to local organizations. These initial initiatives are in addition to global efforts which include a USD50 million global fund and USD1 billion to finance companies helping to tackle COVID-19.

Healthcare workers who will receive the face masks are in Standard Chartered US locations: New York,New Jersey, Texas, and San Francisco. In the tri-state area, Standard Chartered Americas is partnering with the New Jersey Office of Emergency Management and the Greater New York Hospital Association to facilitate the deployment of the masks to hospitals in most urgent need.

In addition to personal protective equipment, Standard Chartered Americas is also making monetary contributions to New York City’s local organizations.

• USD20,000 has been dedicated to City Harvest as part of a team page to raise funds for New York City’s largest food rescue organization to feed children in need when access to school meals has become limited due to school closure.

• USD20,000 will go to Citymeals on Wheels, the designated emergency responder for NYC’s seniors, to help deliver meals to homebound elderly.

• USD20,000 will be committed to The City College of New York to help alleviate financial hardships for students.

“COVID-19 has profoundly impacted the lives of Americans in many unprecedented ways,” said Torry Berntsen, CEO and Head of Corporate and Institutional Banking, Americas. “As part of our responsibility to be good corporate citizens, we are committed to supporting the health, well-being, and prosperity of our communities. It is our hope that through these actions, we are able to provide some relief during this challenging time.”

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About Standard Chartered

We are a leading international banking group, with a presence in 60 of the world’s most dynamic markets and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.

Our history in the US dates back to 1902, and we are currently present in eight locations throughout the Americas. Our Americas franchise focuses on financial institutions and select corporates and plays a key role in facilitating trade and investment flows between the Americas and Asia, Africa, and the Middle East.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

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