Banking industry contributes $1m to support Christchurch families

by Ksenia Stepanova19 Mar 2019

The banking industry has contributed $1 million to the Christchurch Foundation’s Our People, Our City Fund to support the families affected by Friday’s terror attacks.

New Zealand Banker’s Association chair David McLean said the industry “shared the sense of shock of all New Zealanders,” and wants to support the long and short term needs of the families.

“The banking industry is appalled by the horrific attacks in Christchurch on Friday and stands along Cantabrians at this terrible time,” McLean said.

“New Zealand Bankers’ Association members have committed $1 million to the Our People, Our City Fund, which will meet the immediate and long term needs of the families most directly affected. New Zealanders can join us in donating to this important cause. Donations can be made at most banks around New Zealand.”

“Those who have lost loved ones should contact their bank to see how they can be best supported during this difficult time.”

Finance Minister Grant Robertson acknowledged the “generous contribution” from New Zealand’s banks to support families who are going through immeasurable grief and suffering.

A number of banks including ASB and Westpac have set up dedicated accounts for anybody wishing to donate to The Christchurch Foundation’s Our People, Our City Fund.

“New Zealand has faced another gut-wrenching tragedy, in a city that has already had to overcome a huge amount of adversity since 2010,” ASB Chief Economist Nick Tuffley stated in his weekly economic report.

“The people of Christchurch will remain uppermost in the hearts and minds of everyone. ASB has set up a Christchurch support fund bank account (12-3149-0137463-00) for those wanting to make donations to help the affected families.”

More than $60,000 was donated by ASB customers over the weekend through the bank’s Christchurch Support Fund, which will be forwarded to the Our People, Our City Fund.

Most Read

NZ Adviser TV