Bank of America Commits $100 Million in Support of Communities Around the World Impacted by Coronavirus Pandemic
Bank of America Corporation (BAC)
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Source: Business Wire
CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today announced it is committing $100 million to support local communities in need as the world faces unprecedented challenges from the coronavirus. The funds will help increase medical response capacity, address food insecurity, increase access to learning as a result of school closures, and provide support to the world’s most vulnerable populations.“We must all work together as one global community – public and private sectors, as well as individuals – to address this healthcare and humanitarian crisis,” said Anne Finucane, vice chairman of Bank of America. “As the needs in our local communities continue to rapidly escalate, we must take swift action to provide resources where there are gaps, and help local communities protect their most vulnerable populations.”The majority of Bank of America’s funds will be distributed on the ground in local markets, focused on both immediate needs facing local communities and providing ongoing
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