"Emergency Disaster Relief Team Immediately Dispatched"... BNK Financial Donates 300 Million Won for Heavy Rain Recovery

Emergency Disaster Relief Volunteer Team Dispatched to Uiryeong, Gyeongnam on the 20th
Intensive Recovery Efforts Underway
Additional Volunteer Teams to Be Sent to Sancheong, Hapcheon, and Ulsan
Emergency Daily Necessities to Be Delivered

BNK Financial Group (Chairman Bin Daein) has donated 300 million won to help disaster victims in Sancheong, Gyeongnam, and Ulsan, areas severely affected by extreme heavy rain, and has begun providing on-site support for recovery efforts.

On the 21st, BNK Financial stated, "We urgently dispatched our 'Emergency Disaster Relief Volunteer Team,' which is operated to enable immediate response in the event of a disaster, to Uiryeong County, Gyeongnam, on the 20th," adding, "We carried out practical recovery work, including organizing household items in flooded homes and removing debris."

BNK Financial Group has donated 300 million won to help disaster victims in Sancheong, Gyeongnam, and Ulsan, areas severely affected by extreme heavy rain, and is providing on-site support for recovery efforts. Photo by BNK Financial Group

This flood has dealt another heavy blow to the Sancheong area, which had already suffered from wildfire damage in March. In some areas, electricity and water supplies have been cut off, making recovery an urgent priority.

Starting with Uiryeong, BNK Financial plans to dispatch additional volunteer teams to other areas hit by heavy rain, including Sancheong, Hapcheon, and Ulsan, and will also provide emergency daily necessities in parallel.

Financial support will also be provided. Busan Bank and Kyongnam Bank, under their own 'Disaster Recovery Financial Support System,' will prioritize management stabilization funds for affected businesses and implement financial support measures for customers who submit damage confirmation documents, such as interest rate reductions on existing loans, preferential rates on new loans, and deferment of repayments. For individual disaster victims, emergency living expenses and waivers of remittance and currency exchange fees will also be offered.

Chairman Bin Daein said, "I extend my deepest condolences to local residents who are suffering due to the flood," and added, "As a financial group that shares in the hardships of the community, BNK will do its utmost to support practical recovery efforts."

BNK Financial also donated 300 million won during the wildfire damage in March and has recently continued its recovery support through projects such as the restoration of wildfire shelters along the Jirisan roadside (BNK Hope Garden) and environmental improvements to village protective walls (BNK Kkwekkoorigil).

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