Shinhan Financial Group Donates 13 Billion KRW in Neighborly Love Fund to Community Chest of Korea

Shin Yong-byeong, Chairman of Shinhan Financial Group (right), and Cho Heung-sik, Chairman of the Community Chest of Korea, are posing for a commemorative photo.

[Asia Economy Reporter Kwangho Lee] Shinhan Financial Group announced on the 8th that it donated 13 billion KRW in neighborly love funds to the Community Chest of Korea located in Jeong-dong, Jung-gu, Seoul, to participate in the 'Hope 2022 Sharing Campaign.'

As part of the 'Hope Society Project,' which nurtures hope in areas of society in need, group companies including Shinhan Bank, Shinhan Card, Shinhan Investment Corp., and Shinhan Life collectively raised 10 billion KRW in donations, and the Shinhan Financial Hope Foundation sponsored 3 billion KRW.

The funds donated on this day are planned to be used for supporting families in crisis recovery, child abuse victim support projects, financial education projects, strengthening educational capacity for the disabled, and supporting global corporate social responsibility (CSR) activities for neighbors in social need.

Since 2002, Shinhan Financial Group has donated a total of 115.7 billion KRW to the Community Chest of Korea to fulfill the group’s management philosophy of supporting socially vulnerable groups and fulfilling social responsibility as a corporate citizen.

At the donation ceremony, Chairman Cho Yong-byeong said, "Approaching neighbors in crisis, sharing hearts, and adding strength is the greatest duty given to members of society," and added, "Shinhan Financial Group will strive to create a ‘Hope Society’ for society and neighbors."

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