Local Portuguese lender BNU has donated 1.6 million patacas to Tung Sin Tong, the city’s oldest charitable organisation.
According to a BNU statement issued on Tuesday, BNU Chief Executive Officer Pedro Cardoso handed the donation to Tung Sin Tong President Chui Sai On at the social welfare body’s headquarters last Friday.
Tung Sin Tong has been providing a wide range of social welfare and education services to citizens in need since 1892.
In order to collect more funds for charity, BNU and Tung Sin Tong launched the Tung Sin Tong Visa credit card in 1999 and the Tung Sin Tong Visa Platinum credit card in 2012, whereby BNU donates 1 per cent of the cardholders’ retail spending to Tung Sin Tong.
No annual fee is charged to Tung Sin Tong Visa cardholders.
Since the inception of the donation programme, BNU has contributed over 10.5 million patacas to Tung Sin Tong.
BNU, one of Macau’s two note-issuing banks, set up its first local branch in 1902. BNU is now part of CGD Group, one of Portugal’s largest lenders.