Shinhan Bank Provides 75 Million KRW in Scholarships to 210 Students from 7 Countries

Since 1997, Over 6,698 People Supported with More Than 1.2 Billion KRW
Online Scholarship Award Ceremony Held via Video System

Students who received scholarships at Manipur University in India posing for a commemorative photo.

[Asia Economy Reporter Kangwook Cho] Shinhan Bank announced on the 11th that it has provided scholarships totaling 75 million KRW to 210 elementary, middle, high school, and university students across 7 countries as part of its overseas scholarship program in partnership with the Shinhan Financial Hope Foundation.

Shinhan Bank's overseas scholarship program aims to provide stable learning opportunities and discover outstanding talents. Since starting in China in 1997, scholarships have been provided through local subsidiaries in a total of 7 countries: Kazakhstan, Uzbekistan, India, Cambodia, Myanmar, and Indonesia. By 2020, approximately 1.2 billion KRW had been awarded to a total of 6,698 recipients.

Recipients of Myanmar scholarships are expressing their gratitude after receiving the scholarships through a video conferencing system.

This year, due to the global spread of COVID-19, scholarship award ceremonies were conducted online and in small groups via video conferencing systems tailored to local circumstances.

A Shinhan Bank official stated, "Shinhan Bank's global business goes beyond entering countries just to generate profits; it embodies a spirit of mutual growth with the countries and regions. We will continue to play the role of community supporters not only by delivering scholarships but also by supporting students to grow as leaders who will guide their countries."

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