Trademagazin > News and articles > Company and Personal News > The Community Donation Program: MagNet Bank is intended by to help social organizations to withstand crises
The Community Donation Program: MagNet Bank is intended by to help social organizations to withstand crises
Each year, MagNet Bank’s customers can decide on 10% of the Bank’s profits in favor of public benefit organizations and non-profit companies, and thus support important issues from the Bank’s profits through the COMMUNITY DONATION PROGRAM (CAP). From 24 November to 21 December 2020, public benefit non-profit organizations (non-governmental organizations, non-profit economic companies and social cooperatives) can apply for the 2021 support program.
In 2021, MagNet Bank will, for the 11th time, provide an opportunity for its customers to dispose of their 10% share of bank profits to a social organization under their Community Donation Program (CAP). Thus, after the offerings of more than 40,000 customers, tens of millions of sums are donated to organizations.
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