Death of Myanmar Shinhan Bank Local Employee After Gunshot Wound

On the 31st of last month, shot and underwent surgery but ultimately died

[Image source=Yonhap News]

[Asia Economy Reporter Park Sun-mi] A local employee of Shinhan Bank in Myanmar who was shot during the military's violent crackdown on protesters has ultimately died.

On the 2nd, Shinhan Bank announced that on the 31st of last month, a local employee at the Yangon branch was shot while returning home using a vehicle designated for commuting, and despite receiving treatment, eventually passed away. This is the first case of a domestic bank employee in Myanmar dying due to the military's violent suppression.

As a result of this incident, Shinhan Bank raised its crisis level to stage 3 and temporarily closed the Yangon branch to ensure the safety of local employees and resident staff. All employees have switched to working from home.

Shinhan Bank is also considering the phased withdrawal of resident staff. Other banks are busy preparing countermeasures as well. The financial authorities held a related agency meeting on the previous day regarding the situation in Myanmar, stating they will closely monitor the situation and prepare response measures. Depending on circumstances, the financial authorities may also order the return of employees to their home country.

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