Shinhyup Leads Development of Asian Credit Unions by Nurturing Young Leaders

The Shinhan Social Contribution Foundation supports the next-generation Asian credit union leader development project.

According to the National Credit Union Federation of Korea on the 22nd, the Shinhan Social Contribution Foundation announced this plan at the 2023 Asia Credit Union Forum held in Nepal on the 15th. The foundation will sponsor a total of $100,000 for this project by next year.

Since 2019 until last year, the foundation supported the BDS project, which develops business manuals and trains trainers so that credit unions in member countries of the Asian Confederation of Credit Unions (ACCU) can continuously provide business consulting to women and youth entrepreneurs in each country.

After the BDS project ended, the newly launched next-generation Asian credit union leader development project provides various support such as solving community issues, business support, and cooperative education targeting youth organizations within ACCU member countries.

Kim Yoon-sik, chairman of the foundation, said, "As the ACCU chair country, Korean credit unions aim for mutual growth and development among member countries and will lead win-win projects proactively. We will strive for the Asian youth development project until next year to establish a driving force that can accelerate the growth of Asian credit unions."

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