Storm Fiona: Canadian banks support affected communities

Canadian banks and Desjardins Group announced on Sunday support measures for their customers affected by storm Fiona with donations of $650,000.

The Royal Bank of Canada (RBC) will donate $250,000 to the Fiona Relief Fund in Canada, in addition to setting up a financial support program to help its customers, while its employees are asked to do a donation to the Canadian Red Cross.

TD Bank donated $200,000 to the Red Cross and $50,000 to support humanitarian relief efforts by community organizations in areas affected by Storm Fiona.

For its part, the National Bank of Canada announced in a press release a donation of $75,000 to the Red Cross and specific measures to help customers affected by the storm that hit the east of the country.

“We are touched by the events that took place over the weekend in the east of the country. Our thoughts are with our employees and customers affected directly or indirectly by the situation,” said Laurent Ferreira, President and Chief Executive Officer at National Bank.

Desjardins Group also donated $75,000 to the Red Cross relief fund, while support measures were put in place for its members affected by the disaster.

« We will quickly put in place support measures for our members and clients who are affected by this storm, » said Guy Cormier, President and Chief Executive Officer of Desjardins Group.