HSBC pledges $15m more for marginalised youth

HSBC in partnership with Young Power in Social Action through Children of Street Based Sex Workers will provide basic education, job oriented skills and capacity through vocational training courses to 700 children and youth of Chittagong City Corporation and Comilla city.
The funding will come through the HSBC pledged $15 million additional funding to Future First, the group's flagship global education programme that aims to tackle child poverty and youth unemployment through access to education.
The investment will support more than 50 projects in 26 countries and take HSBC's total commitment to $40 million for the 10 years from 2006, the bank said in a statement yesterday.
“HSBC believes in sustainable initiatives with education being a key focus area for us," said Andrew Tilke, chief executive officer of HSBC Bangladesh.
"We hope that the tools and encouragement we are able to provide through our partners will empower individuals and enable them to fulfil their hopes and realise their ambitions.”
“Future First supports projects that help disadvantaged young people access education and life-skills to help them fulfil their potential and realise a better future,” said HSBC Group Chairman Douglas Flint.
Future First was started by HSBC in 2006. The programme has helped over half a million of the world's most marginalised and impoverished young people.