Woori Bank Donates 5,000 COVID-19 Protective Suits to Indonesia

[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 19th that its Indonesian subsidiary, Woori Sodara Bank, visited the National Disaster Management Agency in Jakarta and donated 5,000 protective suits related to the novel coronavirus infection (COVID-19) to medical staff.

Woori Bank acquired shares of Indonesia's Sodara Bank in 2014 and currently operates 157 branches locally. In addition to corporate finance, it provides various financial services to individual customers, including deposits, currency exchange, remittances, internet banking, and mobile banking.

COVID-19 cases in Indonesia have been steadily increasing, especially in major cities, and the Indonesian government is implementing "large-scale social restrictions" nationwide to prevent the spread of infection.

At medical sites, there is a shortage of protective equipment such as protective suits and masks, causing many medical personnel to frequently become infected with COVID-19. Additionally, since 90% of raw materials for pharmaceuticals and medical equipment are imported, there are difficulties in supply.

Choi Jeong-hoon, CEO of Woori Sodara Bank, said, "We sincerely hope that this support will help overcome Indonesia's COVID-19 crisis even a little and that the current situation will be resolved." He added, "We will continue various social contribution activities in the future."

Choi Jeong-hoon, Head of Corporate Banking at Woori Soda Bank (right in the photo), and Ibnu, Director of the Indonesian National Disaster Management Agency, are taking a commemorative photo. / Photo by Woori Bank

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