OTP group to donate EUR 2.2m for flood relief
Ljubljana, 17 August - The Hungarian banking group OTP has announced it will donate EUR 2.2 million for the flood-stricken residents of Slovenia through its Slovenian subsidiaries NKBM and SKB Banka and the parent Hungarian bank OTP.
Maribor
The new logo of the NKBM bank after it was officially taken over by the Hungarian banking group OTP.
Photo: Bor Slana/STA
The banking group said on Thursday it would allocate the funds to the Firefighting Association, which brings together all volunteer fire brigades in the country, and the Mountain Rescue Association, whose members provide voluntary assistance in the most difficult terrain during natural disasters.
Part of the funds will be donated to the Slovenian Red Cross for people who have lost their homes or whose homes have been damaged or have been rendered uninhabitable, it added.
NKBM chairman John Denhof said the common denominator of the donation would be the promotion of the culture of volunteering and assistance and, consequently, enabling this well-functioning system to continue working.
SKB Banka executive director Anita Stojčevska added that the "financial aid has been allocated to the volunteering organisations that are always selflessly the first on the ground, with people, when such disasters strike."
The announcement comes after NLB, the largest banking group in the country, announced last week a EUR 4 million donation to the worst-hit municipalities.