Shinhan Bank Donates 10,000 Masks to Daegu City Amid 'COVID-19 Spread'

[Asia Economy Reporter Haeyoung Kwon] Shinhan Bank announced on the 21st that it has delivered 10,000 KF94 masks to Daegu Metropolitan City, where confirmed COVID-19 patients have surged.

Daegu Metropolitan City was designated as a "special infectious disease control area" along with the Cheongdo region on the morning of the same day. A total of 46 COVID-19 patients had been confirmed by the previous day, with 22 cases on the 19th and 23 cases on the 20th, showing a recent rapid increase in confirmed patients. The masks supported by Shinhan Bank will be distributed to vulnerable groups in the region, such as the elderly, disabled, and low-income families, through social welfare organizations under Daegu Metropolitan City.

Shinhan Financial Group announced a comprehensive support plan on the 2nd, involving all companies within the group in response to the COVID-19 outbreak. They have previously supported 200,000 KF94 masks for vulnerable groups in collaboration with organizations such as the Korea National Council on Social Welfare, the Comprehensive Support Center for the Elderly Living Alone, the Milal Welfare Foundation, and the Children and Future Foundation.

A Shinhan Bank official stated, "We quickly decided to provide additional masks to help prevent the spread of COVID-19 damage," adding, "We will continue to fulfill our role as a corporate citizen in disaster situations and practice warm finance."

Meanwhile, Shinhan Bank is implementing financial support measures such as new loan support, principal repayment deferral, and loan interest rate reductions for small and medium-sized enterprises affected by the spread of COVID-19. They are also operating a rapid response team to help resolve financial difficulties faced by export companies to China.

This content was produced with the assistance of AI translation services.