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CBA will donate $2 million to support drought-stricken farmers

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Commonwealth Bank of Australia (CBA) will donate $2 million to Australian Red Cross to help farmers across Australia combat drought.

Worsening conditions have prompted CBA to join support for drought-stricken farming families across regional Australia.

Regional and Agribusiness Executive General Manager Grant Cairns tells Ross Greenwood “help is absolutely critical”.

“We’ve heard from a lot of our customers and farmers that help is absolutely critical right now in terms of getting feed and support.

“We’re very pleased to announce we’re donating $2 million; $1.75 million to the Australian Red Cross to kick-start a national fundraising appeal and also delighted that we’ll also be donating $250,000 to support Buy A Bale.”

Mr Cairns also says the bank will look into lending facilities, payment structures and emergency funding to assist farmers.

“Whatever really the customer needs.”

Click PLAY below to hear the full interview 

Donate to The Big Dry Drought Appeal HERE