Export-Import Bank Donates 3.9 Billion KRW to Overcome COVID-19
Visiting Kyu Bang, President of the Export-Import Bank (right in the photo), met with Sanggyun Kim, Secretary General of the Community Chest of Korea, at the bank's headquarters in Yeouido on the morning of the 23rd to deliver a donation of 2.5 billion won under the theme "Overcoming COVID-19 Together."
View original image[Asia Economy Reporter Jin-ho Kim] The Export-Import Bank of Korea announced on the 23rd that it will donate a total of 3.9 billion KRW to the Community Chest of Korea, the Korean Red Cross, and the Korea International Health and Medical Foundation under the theme of "Overcoming COVID-19 Together" to mark the end of the year.
On the same day, Bank President Bang Moon-kyu met with Kim Sang-gyun, Secretary General of the Community Chest of Korea, at the bank’s headquarters in Yeouido, Seoul, and delivered 2.5 billion KRW in donations.
The funds provided by the bank will be used as follows: 1 billion KRW to frontline medical workers battling COVID-19, and 1.5 billion KRW to support vulnerable groups during the year-end and New Year period. For medical workers experiencing fatigue due to COVID-19 response duties, winter supplies and health supplements will be provided to boost morale and promote health. For low-income vulnerable groups, heating costs will be supported and meal kits will be delivered to alleviate economic burdens during the cold season.
At the donation ceremony, President Bang said, “Due to the prolonged COVID-19 pandemic, difficulties are increasingly mounting for frontline medical workers and vulnerable groups,” adding, “We will continue to set an example to contribute to the sustainability of our society and the global community.”
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Meanwhile, considering the difficulties in blood supply caused by COVID-19, the bank plans to additionally donate 900 million KRW (for three blood donation buses) to the Korean Red Cross and 500 million KRW to the Korea International Health and Medical Foundation to provide COVID-19 prevention supplies to developing countries by the end of the year.
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