Gwangju Bank Donates Proceeds from Sales of 5·18 Public Interest Account 'Neoki'

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Bank (President Song Jong-wook) announced on the 13th that it donated 20 million KRW from the proceeds of the ‘Neoki May, Remembering That Day’ (hereinafter ‘Neoki Account’) at the 5·18 Memorial Foundation, attended by Song Jong-wook, President of Gwangju Bank, and Jeong Dong-nyeon, Chairman of the 5·18 Memorial Foundation.

To commemorate the 40th anniversary of the May 18 Gwangju Democratization Movement last November and to remember the spirit of May while practicing sharing with the local community, the exclusive products of the ‘Neoki Account’?‘Neoki Deposit’ sold 6,624 accounts and ‘Neoki Savings’ sold 6,073 accounts as of last month.

Gwangju Bank plans to donate a portion of the proceeds from the ‘Neoki Account’ sold from this month until April next year in the following year.

Customers who subscribe to the ‘Neoki Deposit and Savings’ have been provided with passbooks featuring the designated May 18 historical sites such as the old Jeonnam Provincial Office, the intercity bus terminal located where Gwangju Bank currently stands, the National May 18 Democratic Cemetery, May 18 Democratic Plaza, and Jeonil Building on the cover and inside pages, along with additional preferential interest rates.

Song Jong-wook, President of Gwangju Bank, said, “I sincerely thank the customers and local residents who have shown great support for the ‘Neoki Deposit and Savings,’ which remembers the historic moments of our region and shares their meaning together,” adding, “We will strive to develop financial products and provide services that can contribute to the development of the local community, such as the ‘Neoki Deposit and Savings.’”

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