As a part of its corporate social responsibility (CSR) initiative, Standard Chartered Bank Nepal (SCBN) has donated Rs 5.8 million to Pasang Lhamu Mountaineering Foundation, a NGO working in the field of mountaineering. Issuing a press statement SCBN informed that the foundation will use the money in its project titled “Support to the vulnerable communities of the Mountain region during the COVID—19 Pandemic”. Anirvan Ghosh Dastidar, CEO of SCBN handed over the cheque worth the amount to Namgyal Sherpa, vice president of Pasang Lhamu Mountaineering Foundation amid a handover programme organised at the bank’s head office in Kathmandu recently.

“At such difficult and uncertain times, we stand by our Brand Promise to be Here for good through supporting the vulnerable communities who are affected by the pandemic. Many have lost income opportunity and their livelihood has been worse affected. We hope to contribute in bringing much needed relief to them,” the statement quoted Dastidar as saying.

Thanking SCBN for the financial support, Sherpa said, “We are grateful to Standard Chartered Bank for their generosity and initiative in this time of unprecedented crisis to help in local communities in Nepal. Our foundation is committed to using this contribution in the most efficient way possible, for the most effective impact in Nepal’s Himalayan communities in short- and long-term initiatives.”

Earlier this month, the Bank had supported Nepal Government’s Corona Virus Control and Treatment Relief Fund with Rs 11.6 million for COVID-19 relief activities.