Korea Citibank Donates 200 Million Won to Youths in Child Welfare Facilities

Youth Education and Support for Young Adult Independence

On the 10th, Yum Yoosoon, President of Citibank Korea in Jongno-gu, Seoul (left), is delivering a donation to Lee Sunwoo, Chairman of the Exciting Association. (Photo by Citibank Korea)

[Asia Economy Reporter Minwoo Lee] Citibank Korea is donating over 200 million KRW to support youth in child welfare facilities and young adults preparing for independence.

Citibank Korea announced on the 11th that it held a sponsorship agreement ceremony for the 'Dream Together' program with 'Sinnaneun Johap' at Citibank Korea in Jongno-gu, Seoul the previous day, delivering approximately 210 million KRW in sponsorship funds from the Citi Foundation.

The Dream Together program was established to assist adolescents raised in protective facilities and young adults whose protection period under the Child Welfare Act has ended in smoothly entering society. Starting this year, Citibank Korea, together with Sinnaneun Johap, plans to support stable and practical independence for youth in child welfare facilities and young adults preparing for independence, from the preparation stage through social settlement.

Specifically, through the 'Dream Challenge School,' various exploration opportunities regarding higher education, employment, and entrepreneurship will be provided to adolescents aged 16 to 18 in child welfare facilities. For young adults aged 18 and over preparing for independence, the 'Dream Achievement Project' will offer vocational training, internships, and entrepreneurship opportunities.

Yoo Myungsoon, CEO of Citibank Korea, stated, "We will spare no support to ensure that this newly launched program from this year can help youth in child welfare facilities and young adults preparing for independence, as part of our ongoing commitment to contribute to Korean society."

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