Citi has launched its fourth annual ‘E for Education’ charity campaign, an initiative the says has raised over $12 million for education focused charities. Under the sceheme, Citi’s FX business will donate $1 for every $1 million of FX transacted electronically between 12 September to 18 November 2016.
All proceeds from the 10 week campaign will go to seven charities, the bank says during the campaign there will also be a series of activities involving local schools including classroom teach-ins by staff, student CV clinics and trading floor visits.
Citi’s fourth annual ‘E for Education’ charity campaign has raised $4 million for education-focused charities.
The 10-week global charity campaign stretched across Citi’s offices in the United States, Europe, Middle East, Africa, Asia and Latin America. All proceeds will be evenly divided amongst seven charities.
As was the case in previous years, Citi’s FX business donated $1 for every $1 million of FX transacted electronically.
The campaign featured a series of activities involving local schools including classroom teach-ins by staff, student CV clinics and trading floor visits.
Citi has launched the 6th edition of its annual e for Education campaign, a global corporate social responsibility initiative that has raised over $22.5 million for education-focused non-profits since 2013.
During the nine-week campaign, Citi's foreign exchange and local markets business will donate $1 for every $1 million traded with Citi via a range of electronic platforms including the bank’s proprietary platforms Citi Velocity for institutional clients and CitiFX Pulse for corporate clients.
The bank also says that for the first time, this year’s campaign will include local market bonds, in addition to FX.
Citi says it has raised a record $7 million through the 2018 edition of its annual e for Education campaign. Launched in 2013 by Citi's foreign exchange and local markets (FXLM), the initiative has raised $30 million over the past six years in support of several key projects focused on youth education and literacy.
The banks says that more than 300,000 students have been supported by the campaign globally through various initiatives spanning 28 countries worldwide. Citi's FXLM business donates $1 for every $1million of FX that clients traded via a broad range of electronic platforms including its single-dealer platform Citi Velocity and CitiFX Pulse for corporate clients. For the first time this year, the campaign also included local market bonds, in addition to FX.