The Korea Federation of Savings Banks Designates 'Social Contribution Activity Day' for Its 50th Anniversary

Oh Hwa-kyung, President of the Korea Federation of Savings Banks (third from the left), and Lim Jin-gu, CEO of SBI Savings Bank (fourth from the left), along with other officials, are delivering a donation and taking a commemorative photo.

[Asia Economy Reporter Song Seung-seop] The Korea Federation of Savings Banks has designated the 23rd of this month as "Savings Bank Social Contribution Day" in celebration of the industry's 50th anniversary.

Oh Hwa-kyung, Chairman of the Federation, stated, "This year marks the meaningful 50th anniversary of the founding of savings banks," adding, "Since we have grown with the help of the people, we have decided to carry out social contribution activities involving the entire industry as a token of our gratitude." She continued, "In the future, on Social Contribution Day every year, we will continue support activities for marginalized groups facing difficulties nationwide together with savings banks," emphasizing, "We promise to spend the next 100 years alongside the people and those in need."

Following the designation of Social Contribution Day, the savings bank industry donated 50 million won raised through the 'Green Walking Donation Challenge,' participated in by 55,000 employees and the general public, to organizations supporting rehabilitation and independence for the disabled. At the smart farm 'Purume Social Farm' located in Yeoju, Gyeonggi Province, Chairman Oh Hwa-kyung, CEO Lim Jin-gu of SBI Savings Bank, and about 30 federation employees engaged in activities supporting the cultivation of crops by people with developmental disabilities.

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