Shinhan Financial Group announced today that it will provide an emergency relief donation of 200,000 dollars (about 250 million) for Ukrainian refugees.
In Ukraine, the supply of essential supplies such as electricity and water and daily necessities, including medical supplies, is cut off due to the destruction of major urban facilities.
As a result, many Ukrainians are fleeing to neighboring border countries such as Poland and Romania.
The UN estimates that more than 4 million refugees will be displaced as a result of the outbreak.
1.5 million children, nearly half of all refugees, are in desperate need of help as they do not receive basic education, livelihood and medical support.
Shinhan Financial Group, together with KOICA, plans to provide temporary accommodation for about 24,000 children and female refugees in Poland, which borders Ukraine, through a South Korean private organization, and provide emergency necessities such as food and sanitation supplies during their stay in the dormitory. am.
Shinhan Financial Group Chairman Cho Yong-byeong said, "I hope this emergency relief activity will be of some help to Ukrainian refugees who lost their homes overnight and are suffering from war."
Meanwhile, since March 7, Shinhan Bank has been providing financial support worth 300 billion won to companies affected by the Ukraine crisis.
