KB Capital Supports Indonesian Disaster Victims... Donates 50 Million Won

Donation of 50 Million KRW to World Vision

Hwang Su-nam, CEO of KB Capital (right), and Jo Myung-hwan, Chairman of World Vision (left), are conducting a non-face-to-face donation ceremony together.

[Asia Economy Reporter Ki Ha-young] KB Capital announced on the 22nd that it has donated 50 million KRW to World Vision for the 'Support Project for Disaster Victims in Jakarta, Indonesia.' This project aims to assist disaster victims suffering from the monsoon floods in Jakarta, Indonesia, which occurred in February, as well as the double hardship caused by COVID-19.

The donation ceremony held that morning was conducted through non-face-to-face photo sessions at the headquarters of both KB Capital and World Vision, considering the COVID-19 situation.

The donation from KB Capital to World Vision is planned to be used for about 1,000 low-income vulnerable households and disaster victims affected by the monsoon floods residing in Indonesia. Additionally, COVID-19 prevention and hygiene kits, as well as educational supply kits for school-age children, will be provided to each household.

Hwang Su-nam, CEO of KB Capital, said, "We extend our condolences to the people of Indonesia who have suffered great damage from the sudden disaster. Although it is a small contribution, we hope this donation will help prevent the spread of COVID-19 in Indonesia and support the swift recovery of the affected areas."

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