Pepper Savings Bank, Women's Professional Volleyball Team Base 'Gwangju'

Gwangju Mayor Lee Yong-seop and Matthew Jang, CEO of Pepper Savings Bank, are posing for a commemorative photo after the agreement ceremony. Photo by Pepper Savings Bank

[Asia Economy Reporter Song Seung-seop] Pepper Savings Bank has confirmed Gwangju as the home base for its women's professional volleyball team.

On the 13th, Pepper Savings Bank signed an agreement with Gwangju Metropolitan City to establish the women's professional volleyball team's home base. The signing ceremony was attended by Matthew Jang, CEO of Pepper Savings Bank, and Lee Yong-seop, Mayor of Gwangju.

The home stadium is the Gwangju Yeomju Gymnasium located in Pungam-dong, Seo-gu, which can accommodate about 9,000 spectators. The team will participate starting from the 2021?2022 season, which opens in October.

Additionally, Pepper Savings Bank plans to provide 100 million KRW in support funds to Gwangju City to support youth volleyball teams.

Pepper Savings Bank's volleyball team initiative began in March when it submitted a letter of intent to the Korea Volleyball Federation (KOVO). Approval was granted on the 20th of last month, and two days later, former women's national volleyball team coach Kim Hyung-sil was appointed.

CEO Matthew Jang said, “We are pleased to announce Gwangju as our home base,” and emphasized, “We will actively support youth volleyball teams based on the excellent volleyball foundation.”

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