UOB raises more than S$700,000 for charity
Funds raised through series of art workshops to support art, children, education and local SME innovation
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Singapore
UOB and its commercial banking clients raised more than S$700,000 for charity as part of the bank's annual UOB Heartbeat Chinese New Year festive tradition.
The money was raised through a series of art workshops and will be used to support art, children and education through charities such as The Business Times Budding Artists Fund and The Straits Times School Pocket Money Fund.
The proceeds will also go towards supporting local small and medium enterprise innovation under the UOB-Singapore Management University Asian Enterprise Institute.
At the workshops, UOB executives and clients enameled the auspicious Chinese character fu, which means "blessings" or "fortune", on circular seals to express their wishes for a better year ahead.
To commemorate the Year of the Tiger, the seals were affixed on gold-plated tiger art pieces titled "Blooming Abundance".
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Each participating client donated at least S$10,000 to take part in the workshop.
The bank also matched its clients' donations, dollar for dollar, up to S$250,000.
Wee Ee Cheong, deputy chairman and chief executive officer, UOB, said: "Lunar New Year signifies a time to celebrate new beginnings. Through art, we connect with the community, bond with our clients and support those in need at the same time. We are grateful that our clients join us every year to share the joy and optimism of the festive season with those who may need a helping hand."
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