Following the devastating earthquake that struck Myanmar on March 28th, KBZ Bank and its philanthropic arm, the KBZ Foundation, express our profound concern for the affected communities and individuals throughout Myanmar. In response to this critical humanitarian situation, we have initiated a comprehensive and coordinated relief strategy to provide timely and effective assistance. Our support will focus on urgent rescue operations, providing essential supplies, and offering crucial healthcare assistance. At the same time, we are committed to the medium- and long-term rehabilitation of the most severely affected areas.

The KBZ Foundation, in collaboration with KBZ Bank, has committed an initial allocation of 15 billion Kyats towards immediate rescue, recovery, and long-term rehabilitation efforts. This financial commitment underscores our organization’s commitment to support the well-being of the communities we serve:

We recognize the immense hardship faced by those impacted and are working closely with our partners, humanitarian organizations, and medical teams to ensure our funds are directed where they are most needed. Our immediate relief efforts are strategically focused on the following key areas:

■ Urgent Rescue Operations: Provision of immediate financial resources to support rescue teams, emergency responders, and local relief organizations actively engaged in life-saving activities and the restoration of essential infrastructure.

■ Distribution of Essential Resources: Collaboration with established non-governmental organizations (NGOs), civil society organizations (CSOs), and other relevant partners to ensure the efficient and timely delivery of vital supplies to families who have lost their homes and livelihoods.

■ Long-term Recovery and Rehabilitation: Allocation of resources towards addressing the sustained healthcare and rehabilitative needs of impacted communities, with a focus on facilitating access to ongoing medical support and comprehensive recovery programs.

From Relief to Recovery

Looking ahead, KBZ Bank remains committed to facilitating the long-term recovery of the quake affected regions. The expedited development of the KBZ Center Mandalay is envisioned as a central hub for coordinating rehabilitation initiatives. Furthermore, our established partnerships with community-based organizations will be leveraged to implement comprehensive rebuilding programs tailored to the specific needs of each locality.

As Myanmar begins its difficult journey of recovery, we stand in solidarity with our people. KBZ Bank and the KBZ Foundation stand firm in our dedication to providing meaningful and sustainable support to the people of Myanmar during this time of recovery. Our commitment extends beyond this initial financial pledge, encompassing a strategic and collaborative approach to ensure that aid is effectively delivered to those most in need. We will continue to monitor the evolving situation and work in close coordination with our trusted partners, humanitarian agencies, and medical professionals to maximize the impact of our contribution.

Our thoughts are with all those affected by this natural disaster. KBZ Bank and KBZ Foundation stand in solidarity with the people of Myanmar and are committed to contributing to the establishment of stronger, more resilient communities through both immediate relief measures and sustained development initiatives.