FinanceMalta donates €5,000 to the Foodbank Lifeline Foundation

As part of its corporate social responsibility programme, FinanceMalta has donated €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. The pandemic has further aggravated the situation, with a dramatic increase of people seeking the Foundation’s help.

Rudolph Psaila, chairman of FinanceMalta, said the agency and its members were aware that some people were 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 hope that our contribution will help this vulnerable segment to get through these challenging times,” he said.

“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.”

Mark Portelli, chairman of Foodbank Lifeline Foundation, said: that 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.