UAE lender First Gulf Bank has waived any financial obligations for the families of martyrs who lost their lives in Yemen.
Abdulhamid Saeed, FGB managing director, said the bank wanted to honour the brave soldiers and support their families.
“As recognition of the significant sacrifices made by those brave soldiers and their families to support the people of Yemen, and in honour of their memories, FGB is waiving any financial obligations for martyrs that have lost their lives in the war. This initiative comes as part of FGB’s responsibility towards supporting the UAE’s community and its citizens,” he said.
The Abu Dhabi-based bank, in line with the UAE’s efforts to support humanitarian efforts in different parts of the world, has also donated AED5 million ($1.36 million) to the Emirates Red Crescent’s 'Yemen: We Care' campaign.
The campaign was, which has been promoted in social media under the #yemen_we_care hashtag, was launched by the UAE government to support the people of Yemen.
“The UAE has always been a pioneer in heading humanitarian efforts. FGB’s donation, and our decision to waive financial obligations for martyrs, is our response to the UAE’s leadership’s call to support the Yemeni people at this difficult time and to reaffirm that the UAE, both leaders and people, are promoting peace and stability in the region,” Saeed said.
“We are committed to supporting the families of these brave soldiers, which we have the utmost respect for. We honour the sacrifices those families have made to defend the UAE and protect the Arab world alike,” he added.
The 'Yemen: We Care' campaign has raised more than $130 million since August 30.For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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