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MUFG India contributes USD 1 million towards COVID-19 relief in India

India, 14 June, 2021 – MUFG Bank, Ltd. (MUFG) in India announced a commitment of USD 1 million (INR 75 million) towards COVID-19 relief and recovery efforts in India. The funding will be delivered in a phased manner, covering treatment management at healthcare facilities and support a vaccine deployment program for needy communities that will also raise greater awareness of vaccination and COVID-19 prevention practices.  

This financial commitment is one of several ways in which MUFG in India is responding to the urgent needs of the community and employee welfare during this pandemic crisis.  

Since the outbreak in India in March 2020, the Bank has provided INR 14 million for meals and food ration kits for migrant workers during the lockdown. As the second wave of COVID-19 unfolded in India this year, branches from MUFG’s global network have rallied alongside MUFG India to offer support to the country.  

Mr. Atsushi Deguchi, Regional Executive for India & Sri Lanka said, “COVID-19 has left a profound impact on countless lives around the world.  Over these past two years, MUFG as an organisation has tried its best to not only ensure that employees across its global network remain safe and sound, but that we are able to provide a measure of relief and comfort to communities affected by the pandemic.”  

In India, the Bank has also rolled out programmes to protect the physical, mental and financial wellbeing of its employees during this period. It has launched a suite of comprehensive initiatives ranging from complementary vaccinations, financial measures, medical support, and mental well-being programmes. The Bank recently organised a series of COVID-19 vaccination drives across all its branch locations where employees and their families received inoculations at the Bank’s cost. 

“During our 127+ years of existence in India, we have always been humbled by the friendship and partnership provided to MUFG by the business and local communities. As the country presses on in its fight against COVID-19, we will do our part as a responsible corporate, and hope that this latest gesture of support will demonstrate our continued solidarity with our Indian colleagues as well as provide solace to those in need of help and care during this difficult time”, Mr. Deguchi added. 

MUFG Union Bank in the United States have also donated USD100,000 to be split amongst four US-based organizations supporting India’s in country COVID relief efforts. 

For media enquiries, please contact: 
Diana D’Souza-Fernandes  
Corporate Communications 
MUFG Bank India 
DID:   +91-22-6669-3180 
Email: diana_dsouza@in.mufg.jp 

 

About MUFG Bank

MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning around 50 countries. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide.  

MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 2,500 locations in more than 50 countries. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock e xchanges. For more information, visit https://www.mufg.jp/english

About MUFG  

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 2,500 locations in more than 50 countries. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.  

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