FinanceMalta donates €5,000 towards the Foodbank Lifeline Foundation

Published by
The Malta Business Weekly

As part of its Corporate Social Responsibility programme, FinanceMalta has taken the initiative of donating €5,000 towards the purchasing of food supplies for the Foodbank Lifeline Foundation, with the aim of providing a good meal a day to those families and individuals struggling during the COVID-19 crisis.

This initiative was launched during FinanceMalta’s 13th Annual Conference held last month, and represents the contribution of the financial services sector towards those families and people in need.

The Foodbank Lifeline Foundation helps individuals and families facing a short-term crisis through the provision of emergency food supplies. Food is given out to people who are experiencing a crisis, identified by care professionals and referred to the foundation. It is an unfortunate fact that the pandemic has further aggravated the situation, with a dramatic increase of people seeking the Foundation’s help.

“FinanceMalta and its members are aware that there are people facing difficult circumstances, struggling to afford even essentials and basic needs including food. This pandemic has further deteriorated people’s lives with devastating consequences. We are therefore pleased to present this donation to the Foodbank Lifeline Foundation, and we sincerely hope that our contribution will help this vulnerable segment to get through these challenging times. With winter approaching, this is a way for the Financial Services community to show its sympathy to those in need as the festive season draws near.” said Rudolph Psaila, Chairman of FinanceMalta.

Mark Portelli, Chairman of Foodbank Lifeline Foundation, commented: “Through generous donations, and the efforts of organisations such as FinanceMalta, Foodbank Lifeline Foundation can continue to provide food to a segment of Maltese society that desperately require help, through no fault of their own”.

Mr Psaila presented the donation to Mr Portelli at FinanceMalta’s offices in Zejtun.

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

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