Bank of America Foundation Donates $50,000 to Taiwan Earthquake Relief Efforts.SAN FRANCISCO--(BUSINESS WIRE)--Oct. 26, 1999-- The Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. Foundation today announced a $50,000 donation to aid victims of the recent earthquake in Taiwan. The grant will be made to the Puli puli (p  l`ē, py `lē) (pl. pulik), a breed of wiry, medium-sized working dog developed nearly 1,000 years ago in Hungary. Christian Hospital located near the earthquake's epicenter. "Portions of the country have experienced considerable devastation," said Peter Banko, Taiwan Country Manager, Bank of America. "But there has been a tremendous outpouring of concern and aid is now coming into the country. We are thankful to have the support of our teammates around the world," he said. In addition to the $50,000 donation made by Bank of America Foundation, individual bank associates have raised more than $10,000 that also will be contributed to earthquake relief. "The Bank of America Foundation will be there to provide assistance to our customers and others in need when disaster strikes an area where we do business," said Lynn E. Drury, president of the Bank of America Foundation. Bank of America has 150 employees in Taiwan and has had a presence in the country since 1965. The Puli Christian Hospital has a long history of providing medical service to those who populate the rural mountainous interior of Taiwan. Due to its location near the epicenter of the quake, the hospital suffered some damage but set up temporary facilities in parking lots to care for the injured. Additionally the hospital organized medical teams to trek into remote areas which had been cut off from regular transportation routes due to quake related destruction of roads. To make a donation to the Puli Christian Hospital, send your contribution to: The Puli Christian Hospital 1, Tieshan Road, Puli County, Nan Tou Hsien, Taiwan The Bank of America Foundation directs charitable giving on behalf of Bank of America Corporation. The Bank of America Foundation contributes financial assistance to nonprofit institutions that enhance the quality of life and promote public interest where the company conducts its business. Bank of America, with $614 billion in assets, is the largest bank in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . It has full-service operations in 21 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and provides financial products and services to 30 million households and two million businesses, as well as providing international corporate financial services for business transactions in 190 countries. The company's stock (ticker: BAC BAC abbr. blood alcohol concentration ) is listed on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Pacific and London stock exchanges London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. and certain shares are listed on the Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. . www.bankamerica.com |
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