Shinhan Bank Donates 200 Million KRW in Membership Fees and Donations to the Korean Red Cross for Socially Vulnerable Groups

Jin Ok-dong, President of Shinhan Bank (right), and Shin Hee-young, President of the Korean Red Cross, are posing for a commemorative photo after the donation ceremony.

[Asia Economy Reporter Kwangho Lee] Shinhan Bank announced on the 30th that it delivered 200 million KRW in membership fees and donations at the headquarters of the Korean Red Cross located on Soparo, Jung-gu, Seoul, with Shin Ok-dong, the bank president, and Shin Hee-young, the chairman of the Korean Red Cross, in attendance.

Since 2007, Shinhan Bank has established a 'social contribution partnership' with the Korean Red Cross and has been donating funds annually, with total cumulative donations reaching 2.8 billion KRW. The donations delivered this year will be used for relief efforts for domestic and international disaster victims, low-income groups, and vulnerable members of local communities.

Prior to this, on the 10th, Shinhan Bank held a blood donation sharing event involving its employees to help alleviate blood supply difficulties caused by COVID-19. The Shinhan Bank employee blood donation sharing event began in 2001 to support children suffering from leukemia and pediatric cancer, and over 22,000 people have participated to date.

A Shinhan Bank official stated, "Shinhan Bank is striving to create changes toward a better life through ESG (Environmental, Social, and Governance) practices focused on eco-friendliness, coexistence, and trust," adding, "We will continue to care for and support neighbors in need through sincere social contributions."

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