Korea Federation of Banks Donates 500 Million Won for Cooling and Heating Support to Jjokbang Residents

Delivered to 10 Jjokbang Counseling Centers
To Be Used for Air Conditioners, Fans, and Heating Equipment

The Korea Federation of Banks announced on the 5th that it has donated 500 million won to the National Association of Jjokbang Counseling Centers to support residents of jjokbang (single-room) communities. The donation will be delivered through the National Association of Jjokbang Counseling Centers to 10 jjokbang counseling centers nationwide and will be used to purchase high-efficiency air conditioners, fans, and other cooling supplies for jjokbang residents. It will also be used to provide heating equipment and winter supplies in preparation for cold waves during the winter season.

Banks are fulfilling their social responsibility by opening over 5,000 branches nationwide as cooling shelters to help people cope with the heat, allowing anyone to rest freely.

Shin Jangsoo, Director of the Banking Division at the Financial Services Commission (from left), Kwon Daeyoung, Vice Chairman of the Financial Services Commission, Yoo Hoyoun, Director of the Seoul Station Shelter Counseling Center, Jang Mincheol, Chairman of the National Shelter Counseling Center Association, Cho Yongbyung, Chairman of the Korea Federation of Banks, and Kim Jaejin, Welfare Planning Officer of Seoul City, are taking a commemorative photo. Korea Federation of Banks

Cho Yongbyung, Chairman of the Korea Federation of Banks, stated, "I hope this support will bring some relief from the heat to our neighbors who are spending the summer in poor housing conditions," and added, "The banking sector will continue to devote itself to public interest activities in local communities for vulnerable groups facing difficulties."

Kwon Daeyoung, Vice Chairman of the Financial Services Commission, said, "I appreciate the banking sector's proactive social contribution activities, from opening cooling shelters and supporting flood victims to today's donation to jjokbang communities." He continued, "The financial sector needs to pay more attention to social agendas such as the climate crisis, and fulfill its social responsibility through active social contribution activities for vulnerable groups." He also added, "We will continue to discuss ways for the entire financial sector to actively participate in projects that share energy with vulnerable groups."

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