Son Jong-ju, Chairman of Welcome Financial Group (second from the left in the front row), is taking a commemorative photo with group officials at the 20th Bang Jeong-hwan Scholarship Award Ceremony. Photo by Welcome Financial Group

Son Jong-ju, Chairman of Welcome Financial Group (second from the left in the front row), is taking a commemorative photo with group officials at the 20th Bang Jeong-hwan Scholarship Award Ceremony. Photo by Welcome Financial Group

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[Asia Economy Reporter Kim Min-young] Welcome Financial Group, which includes Welcome Savings Bank and Welcome Crediline Loan as affiliates, announced on the 31st that it held the 20th Bang Jeong-hwan Scholarship Award Ceremony.


Marking its 10th year, the Welcome Financial Bang Jeong-hwan Scholarship Award Ceremony was held under the name "20th ON(溫) Tact Scholarship Certificate Award Ceremony." Due to the impact of the novel coronavirus disease (COVID-19), the ceremony was made public online, and scholarship certificates and funds will be delivered individually to the students.


Welcome Financial creates scholarships annually from more than 1% of its net profit and donations made monthly by its executives and employees. Since 2011, scholarships have been awarded twice a year to middle and high school students as well as university students. Over the past 10 years, more than 3,000 scholarship recipients have received scholarships totaling over 4.4 billion KRW.



A representative of Welcome Financial Group stated, “Everyone is going through difficult times due to COVID-19 and the flood damage caused by the prolonged rainy season, but we hope that the Welcome Financial Group Bang Jeong-hwan Scholarship will create an environment where scholarship students can focus on their studies despite hardships.” He added, “The Welcome Financial Bang Jeong-hwan Scholarship Foundation will make greater efforts for students who do not give up on their dreams and keep moving forward.”


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

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