Daegu Bank Donates 1 Billion KRW to Daegu and Gyeongbuk Amid 'COVID-19 Crisis'
[Asia Economy Reporter Kim Min-young] DGB Daegu Bank announced on the 24th that it has donated 1 billion KRW to Daegu City and Gyeongsangbuk-do through the Daegu-Gyeongbuk branch of the Korean Red Cross to overcome the crisis in the Daegu and Gyeongbuk regions caused by the spread of the novel coronavirus infection (COVID-19).
To support the regions and residents affected by the spread of COVID-19, 500 million KRW was donated to Daegu and 500 million KRW to Gyeongsangbuk-do respectively. These funds will be used for relief supplies for vulnerable groups affected by COVID-19, purchase of protective equipment for medical staff, and relief projects for COVID-19 victims.
Hot Picks Today
Cerebras Soars 70% on IPO Debut: Is Nvidia's Reign Ending as a New AI Semiconductor Power Emerges?
- Is It the “8,000-Point Curse”? KOSPI Drops to 7,400 After Brief Surge; KOSDAQ Falls 5%
- "Multi-Million Won Bonuses, Life Is Sweet"—Even Employee Reactions... SK hynix Overtakes Samsung to Claim No. 1 Spot
- "Gave in to the Momentary Temptation": Japanese Police Official Dismissed After Stealing 100 Million Won Next to Body
- "After Vowing to Become No. 1 Globally, Sudden Policy Brake Puts Companies’ Massive Investments at Risk"
The labor union also stepped up to help overcome the regional crisis. The Daegu Bank branch of the National Financial Industry Labor Union is conducting a voluntary fundraising campaign among bank employees. The funds raised will be combined with the fund created through the '1% Salary Sharing Campaign,' which has been in operation since 2011, and will be delivered to Daegu City and Gyeongsangbuk-do.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.