79
Good Practice
Human Rights
Global Compact International Yearbook 2013
In August 2012, Myanmar was hit yet
again by floods across different states.
The floods displaced more than 80,000
people, affecting a total of more than
287,000
people. Ayeyarwady region was
the worst hit, affecting and displacing
about 48,000 people and destroying
more than 136,000 acres of farmland,
houses, roads, and bridges. Represent-
ing the Bank, Ayeyarwady Foundation
generously offered donations in cash and
in-kind for the affected victims.
Extending reach to victims of
internal conflicts
Ayeyarwady Bank is aware that there
are many people across the country in
need of help – some of which include
the victims of internal conflicts within
the country, thus extending our CSR
further. It is apparent that Myanmar, a
country made up of many ethnic groups,
is still experiencing internal conflicts,
such as those in the states of Kachin and
Rakhine. Reaching out to the victims of
such conflicts naturally became one of
our priorities.
The conflict in Rakhine State
The Rakhine conflicts and riots –caused
by clashes between ethnic Rakhine and
the Rohingya–has displacedmore than
100,000
people since it started in June
2012.
Buildings were set ablaze during
the riots, burning downmore than 4,000
houses. Once again representing the
Bank, Ayeyarwady Foundation stepped in
to help the affected victims. Management
personnel from Ayeyarwady Bank and
the volunteers fromAyeyarwady Founda-
tion went to the temporary displacement
camps to offer victims donations in cash
and in-kind, such as medical supplies
and dried food stuffs.
The Kachin conflict
Many civilians in the Kachin region are
also affected by the conflicts among the
ethnic groups. The fighting and shootings
have forced these civilians to flee from
their homes and take up accommoda-
tions in the temporary displacement
shelters set up by many humanitarian
groups across the state. In an attempt
to reach out, Ayeyarwady Foundation,
once again representing the Bank for
its CSR activities, went to a number of
these shelters in December 2012 to offer
much needed food supplies at the camps.
The glimpses of hope in people’s eyes at
the sight of the donors showed just how
much support they needed.
Ayeyarwady Bank and its workforce
By helping to improve the lives of those
in society does not mean that Ayeyar-
wady Bank neglects those in its work-
force. Ayeyarwady Bank also reaches
out to its current workforce of more
than 1,500 employees across the country
by having welfare funds allocated, by
providing transport arrangements to
ease their travels to and from work, as
well as by providing for lunch during
their workdays. These little acts have
been well-appreciated by the employees
and, hence, the employees are happy to
be actively engaged in all of the Bank’s
corporate social initiatives.
BANK INFO
(
As of April 2013)
•
Obtained license to operate
banking services in July 2010
from the Central Bank of
Myanmar.
•
Commenced operations with
the opening of its first Head
Office in Naypyitaw, Myanmar’s
new capital, in August 2010.
•
Current number of branches
is 34, with a staff of more than
1,500
across the country.
•
Number of ATMs across the
country: 50.
•
A member of the Association
of Banks in Myanmar, SWIFT,
and an active participant in the
United Nations Global Compact.