KB Kookmin Bank Expands Support for Traditional Markets and Small Businesses to Overcome COVID-19
Support Fund Increased from 300 Million to 600 Million Won, Beneficiaries Doubled to About 10,000 Households
At the event supporting traditional markets and small business owners to overcome COVID-19 held at Yeongdeungpo Market on the 15th, (from left) Heo In, KB Kookmin Bank President, Kim Tae-won, Yeongdeungpo Traditional Market Merchants' Association President, and Yoo Won-sik, Hope Friends Kia Support Chairman, are taking a commemorative photo.
View original image[Asia Economy Reporter Park Sun-mi] KB Kookmin Bank announced on the 15th that it held the ‘COVID-19 Overcome Traditional Market and Small Business Support Event’ to revitalize traditional markets and deliver warm hearts to neighbors in need during the Chuseok holiday.
The ‘COVID-19 Overcome Traditional Market and Small Business Support’ is an event where KB Kookmin Bank’s 13 regional business groups, together with Hope Friends Korea Food for the Hungry International, purchase groceries such as rice, meat, and fruit from small business owners and traditional markets nationwide and deliver them to neighbors in need.
Since 2011, KB Kookmin Bank has purchased daily necessities with Onnuri gift certificates at traditional markets nationwide during holidays and delivered them to neighbors in need. This Chuseok, to help revitalize the local economy weakened by COVID-19, the support amount was increased from 300 million KRW to 600 million KRW, and the number of beneficiaries was doubled from about 4,500 households to 10,000 households.
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At the event, KB Kookmin Bank President Hur In visited the Yeongdeungpo traditional market and spent a meaningful time selecting gifts to be delivered to neighbors. President Hur said, “I hope this COVID-19 Overcome Traditional Market and Small Business Support event will help neighbors who are struggling due to COVID-19,” and added, “I hope many people visit traditional markets during the Chuseok holiday to share warmth.”
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