Shinhan Bank Donates 300 Million Won in Sponsorship for Multicultural Families

Ansan City to Provide 3 Years of Korean Language Education and Psychological-Emotional Therapy for Children of Multicultural Families

At the handover ceremony held on the 10th at the Community Chest of Korea building located in Jung-gu, Seoul, (from left) Jo Heung-sik, Chairman of the Community Chest of Korea, Jin Ok-dong, President of Shinhan Bank, and Moon Sook-hyun, Director of Ansan Multicultural Family Support Center, pose for a commemorative photo.

[Asia Economy Reporter Park Sun-mi] Shinhan Bank announced on the 10th that it will implement the third phase of the ‘Donghaeng Project,’ which supports Korean language education and psychological·emotional therapy for children from multicultural families to ensure their stable social adaptation and healthy growth. The Donghaeng Project is Shinhan Bank’s representative social contribution program, embodying CEO Jin Ok-dong’s philosophy of providing sincere, long-term support to socially vulnerable groups that are often overlooked.

This multicultural family support initiative, which will provide a total of 300 million KRW over three years to 600 children from multicultural families in Ansan City, is the third project following the nationwide support for vehicle and fuel expenses for child abuse shelters implemented in May and the meal box support for undernourished children carried out in July.

Through in-depth consultations with multicultural families, Shinhan Bank determined that Korean language proficiency improvement is necessary for preschool and lower elementary school children of school age among multicultural families. To provide practical assistance, the bank decided to support a long-term, step-by-step Korean language education program. Additionally, for children from multicultural families experiencing emotional instability and difficulties in social adaptation, the bank will offer various customized counseling therapies, including in-depth and group counseling, based on their psychological condition to help them recover a healthy mind through the formation of self-identity.

CEO Jin said, “Multicultural families require a lot of attention and support as members of Korean society, but there is a significant lack of support needed for children from multicultural families.” He added, “We hope that this Korean language education and psychological and emotional therapy will provide practical help for the stable growth of children from multicultural families and their adaptation to Korean society.”

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