DB Group Donates 1 Billion KRW for Heavy Rain Damage Recovery Fund
[Asia Economy Reporter Changhwan Lee] DB Group announced on the 18th that it has donated 1 billion KRW to the National Disaster Relief Association to aid in recovery efforts from the heavy rain damage.
The donation will be used for restoring the affected areas and providing relief supplies and living expenses to flood victims.
A DB Group official stated, "We prepared this donation to offer some comfort and assistance to the flood victims who lost their homes and are in despair due to the unexpected heavy rains," adding, "We hope the damage will be restored quickly so that everyone can return to their daily lives as soon as possible."
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In addition to the donation, financial affiliates such as DB Insurance and DB Life Insurance are conducting financial support activities for corporate and individual policyholders in the special disaster areas, including prompt payment of disaster-related insurance claims, premium payment deferrals, and loan principal and interest repayment deferrals.
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