With borders closed due to Covid-19, food producers in Taiwan have faced problems selling and exporting their goods.

In light of this situation, DBS conceived a plan that tapped into the bank’s Stronger Together Fund, to purchase food products from five social enterprises in Taiwan. Staff and clients were also encouraged to join the donation drive, which amassed a total of NTD 25.42 million (about SGD 1.13 million) – the amount was given to the Alliance of Taiwan Foodbanks which used it to purchase and distribute 50,850 food packs to the elderly and underprivileged individuals.

Throughout this action, DBS purchased corn crackers from Buy Directly From Farmers; fish floss from Asher, rice from Earth Friend Organic; noodles from 1-for-One and liquid hand wash from Cha Tzu Tang. In turn helping dozens of fishermen and local farmers, thus helping to revive Taiwan’s camellia oil industry and community.

Lim Him Chuan, General Manager of DBS Bank Taiwan said, “As a purpose-driven bank, we strive to create an impact beyond banking. Through the Stronger Together Fund, we would like to show our support to our ecosystem partners and the communities affected by the pandemic.”