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2025-04-19

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Cathay Financial Holdings donated 100 million Myanmar Kyat to support disaster relief efforts for the strong earthquake in Myanmar.

Cathay Financial Holdings donated 100 million Myanmar Kyat to support disaster relief efforts for the strong earthquake in Myanmar.
讀後心得
A strong earthquake measuring 8.2 struck central Myanmar recently, causing severe losses. Cathay Financial Holdings announced a donation of 100 million kyats to support post-disaster relief and reconstruction. Its subsidiary, Cathay United Bank, has established good relationships in the local area and activated its emergency response mechanism to confirm the safety of employees and customers and provide emergency financial support. Banking services remain generally normal, and support measures are being adjusted at any time to help the affected residents through this difficult period. Cathay Financial Holdings has long been focused on post-disaster recovery and has previously aided many significant disasters, hoping to bring support and strength once again this time. Customers can obtain assistance through a dedicated hotline.

A strong earthquake measuring 8.2 on the Richter scale recently struck central Myanmar, causing serious casualties and disaster losses in the area. Cathay Financial Holdings, adhering to the spirit of "if someone is hungry, we are all hungry; if someone is drowning, we are all drowning," announced on the 4th a donation of 100 million kyats, hoping to support Myanmar's post-disaster relief and reconstruction efforts with concrete actions, and to assist affected residents in rebuilding their homes and restoring normal lives as soon as possible to get through this difficult time.

Cathay Financial Holdings' subsidiary, Cathay United Bank, has a branch in Yangon, Myanmar, and has been operating there for many years, establishing deep connections with local customers and the community. After the disaster occurred, Cathay United Bank immediately activated its emergency response mechanism, confirming the safety of local employees and customers through multiple reporting channels and actively initiating care actions.

Currently, the customers served by Cathay United Bank in Myanmar are mostly Taiwanese businesses, primarily located in areas that were not heavily affected by the disaster. The bank’s overall transaction and operational status remain normal. To ensure that customers receive immediate and comprehensive financial support during this special time, the Yangon branch has activated an emergency support mechanism, offering services including assistance with basic financial transactions, emergency fund dispatch consultation, and a mechanism for reissuing lost documents.

Cathay United Bank stated that if local customers cannot normally use banking services due to the disaster, they can seek the assistance of service personnel by phone, email, or by visiting the branch to handle urgent financial needs. At the same time, the bank continues to closely monitor the situation in the disaster area and will adjust support measures based on actual needs, working hand in hand with local residents to get through this challenging time.

Cathay Financial Holdings always cares about the safety and well-being of people around the world. In the face of major disasters, whether they are past events like the Ishikawa earthquake in Japan, the 311 Great East Japan Earthquake, the Sichuan earthquake, the South Asian tsunami, or the heavy rains in Gansu, Cathay Financial Holdings has always extended a helping hand at the first opportunity, providing the resources needed for reconstruction and expressing the deepest respect for all those involved in disaster relief and medical care.

The significant impact of this earthquake in Myanmar has prompted Cathay Financial Holdings and Cathay United Bank to respond with concrete actions, hoping to bring warmth and stable support to the people in the disaster area. Cathay has immediately activated its care and support mechanisms; relevant service inquiries can be directed to the following contacts:

  • Cathay United Bank toll-free hotline: 0800-818-001 (mobile: 02-2383-1000)
  • Cathay United Bank Yangon branch: +95-1-9253386
  • Cathay United Bank Bangkok office: +66-2-258-6155