Shinhan Bank Yangon Branch Receives Ministry of Trade, Industry and Energy Minister's Award for 'Outstanding Myanmar CSR Company'

Since the Establishment of Yangon Branch, Continuous Medical, Educational, and Financial Support for Low-Income Groups
Ongoing Community Contribution Activities... Contributing to the Expansion of Economic Cooperation

At the '2020 Myanmar CSR Excellent Companies' awards ceremony held on the 17th at Lotte Hotel Yangon, Myanmar, Kang Hyung-hoon, Branch Manager of Shinhan Bank Yangon Branch (far left), and Lee Sang-hwa, Ambassador of the Republic of Korea to the Republic of the Union of Myanmar (center), pose for a commemorative photo after receiving the Minister of Trade, Industry and Energy Award.

[Asia Economy Reporter Kangwook Cho] Shinhan Bank announced on the 18th that its Yangon branch in Myanmar received the Minister of Trade, Industry and Energy Award at the '2020 Myanmar CSR Excellent Company Awards Ceremony.'

Hosted by the Embassy of the Republic of Korea in Myanmar and the Korean Chamber of Commerce, the '2020 Myanmar CSR Excellent Company Awards Ceremony' evaluates the CSR activities of Korean companies in Myanmar and aims to expand CSR efforts of Korean companies, enhance economic cooperation between the two countries under the New Southern Policy, and improve the national image through the spread of corporate social responsibility.

At the awards ceremony, which targeted overseas-invested companies practicing social responsibility management for local development abroad, Shinhan Bank Yangon branch was recognized for actively fulfilling corporate social contribution activities in Myanmar and contributing to the expansion of economic cooperation between Korea and Myanmar, earning the award.

Since establishing a representative office in Myanmar in 2013 and obtaining the first operating license for a Korean bank in 2016 to open the Yangon branch, Shinhan Bank has been conducting social contribution activities annually with themes such as medical care, education, financial support for low-income groups, and community contribution.

Additionally, in April, Shinhan Bank promptly supported the Myanmar government and local communities with COVID-19 diagnostic kits, protective suits, and relief supplies. It also supports various talent development projects such as operating the Shinhan Hope Foundation’s overseas scholarship program, publishing and donating international trade finance booklets, and conducts diverse CSR activities involving all employees, including quarterly community clean-up activities at Inya Lake and Shwedagon Pagoda.

Kang Hyung-hoon, branch manager of Shinhan Bank Yangon branch, said, "Shinhan Bank has continuously strived to be a bank that supports the success and development of the nation and local communities both domestically and overseas, and a bank trusted and loved by customers and society. We will actively expand the scope of social contribution activities to continuously contribute to the Myanmar community in the future."

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