[Asia Economy Reporter Park Soyeon] Hyundai Oilbank announced on the 23rd that it has obtained the certification as an excellent institution for cultural and artistic sponsorship, hosted by the Ministry of Culture, Sports and Tourism and the Arts Council Korea. Hyundai Oilbank has been recognized for its continuous patronage activities and has been selected as an excellent institution since last year.


Hyundai Oilbank took its first step in cultural and artistic sponsorship by supporting the "1st Dream Concert" in 1995 and has continued its sponsorship steadily until 2020. In particular, it contributed to K-pop rising as a mainstream culture worldwide. The Dream Concert sponsored by Hyundai Oilbank is the longest-running and largest-scale concert in Korea, providing dreams and hope to about 1.5 million young people over 25 years, and has been officially certified by the Korea Guinness.


Since 2019, Hyundai Oilbank has also been conducting social contribution projects together with the Korean Film Directors' Guild, which includes representative Korean film directors such as Bong Joon-ho and Park Chan-wook. It supports the production of barrier-free films that include subtitles and audio descriptions, allowing people with visual and hearing impairments, the elderly, and multicultural families to enjoy together.



A Hyundai Oilbank official said, "We plan to continue our patronage activities to realize values that society and companies can share and to enhance the cultural and artistic literacy of our employees."


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

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