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Deutsche Bank supports underprivileged children in Indonesia
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April 3, 2007
Deutsche Bank, through the Deutsche Bank Asia Foundation, has donated funds to support a charity facility which provides shelter and education for approximately 110 street children, orphans and abandoned children through dormitory, school, hospital and vocational training programmes in Jakarta, the capital of Indonesia.
The facility, known as Yayasan Kampus Diakonia Modern (KDM), is a non-government organization which works in partnership with the Indonesian Government on the “Promotion of Improved Learning Opportunities for Street Children” project. This project is also championed by UNESCO Jakarta.
Suresh Narang, Chief Country Officer of Deutsche Bank Indonesia attended the cheque presentation ceremony at KDM’s facility in Pondok Gede, Jakarta last Sunday together with KDM’s community members and staff and senior executives from Deutsche Bank Indonesia. The guests were treated to a dance performance by the children and taken on a campus tour by Fali Lumy, Chairman of Yaysan Kampus Diakonia Modern.
Speaking at the event, Narang said, "Deutsche Bank seeks to make a commitment to the communities in which we operate. By supporting the cause of Yayasan Kampus Diakonia Modern, we hope to make a significant and meaningful impact on the lives of underprivileged children in Jakarta."
The Deutsche Bank Asia Foundation, the Bank’s broader regional philanthropic initiative, was established in December 2003 to provide financial assistance to community support programmes, with particular emphasis on education for underprivileged children, in a number of countries throughout Asia where the Bank conducts business.
Deutsche Bank has actively been engaging with community-based charities in Indonesia - and is one of the largest corporate donors following natural disasters such as the Tsunami and May 2006 earthquake in Java, committing over EUR 2.5 million to local organizations covering vocational training, community development and microfinance initiatives. This excludes monies donated to international organizations.
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