The Bank of the Philippine Islands (BPI), alongside Ayala Corporation and Globe Telecom, donated a total of Php 5 million to the Philippine Red Cross (PRC) to address critical needs in public health protection in the country in light of the recent events such as the Taal Volcano eruption and COVID-19 outbreak. This initiative is part of the BPI Foundation’s BAYANihan program to help those affected and vulnerable to the ongoing threats of these disasters.
Since the Taal Volcano eruption last January 12, 2020, BPI has turned over an initial Php 2.7 million to the Philippine Disaster Resilience Foundation (PDRF). BPI employees led the initial fundraising drive wherein BPI Foundation matched the amount raised.
The second wave of fundraising was opened to the general public through the BPI branches from February 14 to March 13, 2020. The initiative, dubbed #TaaLove: Sa Puso Magmumula ang Kanilang Pagbangon, aims to raise funds for the development of a multi-purpose infrastructure that will serve as shelter, livelihood center, and venue for disaster preparedness and recovery activities for those greatly affected by the eruption.
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