NEWS | Wednesday, 26 September 2007

Thousands of liri donated by BOV to Dar Tal-Providenza

Thousands of liri have been donated by Bank of Valletta to Dar Tal-Providenza following the successful Cashlink for Charity Campaign that the Bank promoted during August this year.
The donation was presented to Mgr Lawrence Gatt, Director of the Dar tal-Providenza, by Tonio Depasquale, Chief Executive Officer at Bank of Valletta, during a meeting held at the BOV Centre in St Venera.
Speaking during the presentation Mr Depasquale said, “When we launched the ‘Help Dar tal-Providenza’ Campaign we made a win-win proposal to our customers - they would benefit from the efficiency associated with using our Cashlink cards to pay, whilst Dar tal-Providenza would benefit from the donation of 3 cents (7 euro cents) which we pledged to make for every payment transaction made during August. The donation we are making today is a clear demonstration of how our customers rallied behind the proposal in support of an organisation that plays such an important social role within our society.”
Mr. Depasquale noted that this was the third consecutive year where Bank of Valletta pledged to provide financial assistance to philanthropic associations. The first Cashlink Campaign launched in 2005 was held in aid of the Eden Foundation, the second campaign saw Caritas as the sole beneficiary, whilst this year Id-Dar tal-Providenza was identified as the recipient of this year’s donation.
“We are delighted that this year’s Cashlink for Charity campaign proved to be very successful, resulting in a 25% increase in Cashlink transactions when compared to the same period last year. As a result of this increase in usage, Bank of Valletta was able to make substantial donation to Dar tal-Providenza amounting to thousands of Maltese Liri,” concluded Mr. Depasquale.
Mgr. Gatt expressed his satisfaction with the donation made by the Bank. “At the launch of the campaign we had encouraged people to use their Cashlink to assist us in our cause to improve the quality of life for persons born with impairments, both mental and physical, whilst relieving the strain borne by their respective families. It is clear that the general public empathises with our cause and has used their Cashlink for our benefit, and for this we thank them.”