BNU donates MOP750,000 to University of Macau


Local bank Banco Nacional Ultramarino (BNU) has made a donation to the University of Macau in the amount of MOP750,000, in a continuation of its charitable offerings to the higher education institute, which to date has amounted to over MOP3 million.
Annual donations are given by the bank to the University of Macau based upon retail spending by users of the BNU University of Macau Visa card, an arrangement continued since 2003. The group notes that this arrangement ‘serves as a good example of collaboration between the financial sector and non-profit organization, for the common good of the local community’.
The university educates over 10,000 students and has over 30,000 alumni, employing about 1,500 staff on its campus in Hengqin Island.
The cheque was presented by BNU Chief Executive Officer Pedro Cardoso to University of Macau Rector Wei Zhao.