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10 Jul 12

School Renovation at Mranggen, Demak Central Java funded by Credit Suisse


Memorandum of Understanding between Credit Suisse and Yayasan Arsitek86 Peduli (ars86care), an Indonesian non-profit organization for children, education, and environment, is signed by June 14 2012. Credit Suisse agrees to make a grant to fund the renovation of Kartini Kindergarten, located at Ngemplak, Mranggen, Demak, Central Java. The Credit Suisse donation underpins one of the key elements of the bank’s philanthropic activities – supporting disadvantaged children through education in lesser developed countries.

Managed by ars86care, the almost demolished village school is renovated to serve 40-60 children aged 4-6 year old who live nearby. The kindergarten will be developed to be a child friendly school that place durability, safety, comfort, and flexibility as necessary. The school is renovated with green features including natural light and air circulation optimizing, several absorbing well in green and play area, reuse of some building materials, using local material, recycle of old furniture, separate trash bin, reuse rain water to water plan and replanting. Supporting facilities are also developed such as children hand washing area, separate boy and girl toilets, water supply and black water system.

Ars86care (please see, a group of architects from Parahyangan University class of 1986, sees the importance of environment education starting from early childhood to build a stronger and caring character in Indonesian children to love the environment where they grow up.


Credit Suisse AG

Credit Suisse AG is one of the world’s leading financial services providers and is part of the Credit Suisse group of companies (referred to here as ‘Credit Suisse’). As an integrated bank, Credit Suisse offers clients its combine expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 48,700 people. The registered shares (CSGN) of Credit Suisse’s parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depository Shares (CS), in New York. Further information about Credit Suisse can be found at


10 Jul 2012