TORONTO, February 28, 2022 – Banks in Canada are supporting organizations providing immediate help in response to the humanitarian crisis unfolding in Ukraine. Support includes collecting financial donations in bank branches and making corporate donations directly to the Canadian Red Cross and other emergency aid organizations.
The following banks are donating a combined $835,000 to the Red Cross’ Ukraine Humanitarian Crisis Appeal to help respond to the humanitarian needs in Ukraine and surrounding countries:
- BMO
- CIBC and Simplii Financial
- Laurentian Bank
- National Bank
- RBC
- Scotiabank
- TD Bank Group
- Tangerine Bank
"Banks in Canada stand in support of the people of Ukraine and the large and vibrant Ukrainian community in Canada. Money raised through this appeal will help organizations provide immediate and ongoing emergency assistance to those in urgent need in Ukraine and neighbouring countries." — Anthony G. Ostler, President and CEO, Canadian Bankers Association
Additional donations
In addition to donations to the Red Cross, banks are donating a combined $350,000 to organizations providing emergency aid to the people of Ukraine and the Ukrainian diaspora:
- CIBC and Simplii Financial are donating to the UNICEF Canada Ukraine Appeal and UNHCR Canada, the UN Refugee Agency.
- RBC’s donation will assist in providing mental health-related supports to the Ukrainian community in Canada.
- TD Bank Group is donating to GlobalMedic and UNHCR Canada, the UN Refugee Agency as well as contributing to the Doctors Without Borders/Médecins Sans Frontières general emergency fund.
How Canadians can help
Canadians wishing to make a donation to the Canadian Red Cross’ Ukraine Humanitarian Crisis Appeal can do so online at redcross.ca or at any branch or online where available from the banks listed below until March 18:
- BMO
- Canadian Western Bank
- RBC
- Scotiabank
- TD Bank Group
Banks in Canada have long supported humanitarian and emergency relief appeals in Canada and internationally to help those affected by extreme weather, health crises and conflicts.
About the Canadian Bankers Association
The Canadian Bankers Association is the voice of more than 60 domestic and foreign banks that help drive Canada’s economic growth and prosperity. The CBA advocates for public policies that contribute to a sound, thriving banking system to ensure Canadians can succeed in their financial goals. www.cba.ca
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