Support for COVID-19 Crisis Relief, Securities and Accounting Industries Also Lend a Hand

Korea Exchange Donates Funds and Masks
Korean Institute of Certified Public Accountants and EY Han Young Also Donate Funds

[Asia Economy Reporter Song Hwajeong] As the novel coronavirus infection (COVID-19) spreads, support efforts are continuing across various sectors, and the securities and accounting industries have also joined in.

According to the securities industry on the 6th, the Korea Exchange urgently donated 100 million KRW on the 4th to the Busan Community Chest of Korea to prevent the spread of COVID-19 in the Busan area and support victims. The donation will be used to provide personal hygiene products, daily necessities, and disinfection services to vulnerable groups suffering from COVID-19 in the Busan area.

On the 3rd, the anniversary of the securities market opening, the Exchange purchased local agricultural products as souvenirs and held a flower sharing event to participate in the community and floriculture farmers' efforts to overcome the crisis. Last month, it also donated 30,000 masks and personal hygiene products such as hand sanitizers for 1,450 children from vulnerable groups.

Korea Securities Finance also donated 100 million KRW on the 4th through the Hope Bridge National Disaster Relief Association.

Mirae Asset Group donated 2 billion KRW last month on the 27th to the National Disaster Relief Association for COVID-19 prevention and damage recovery. This fund will be used to purchase medical supplies, protective clothing, masks, and daily necessities for the Daegu-Gyeongbuk region. It also plans to support voucher purchases to help small businesses in owned buildings such as the Mirae Asset Center One Building recover sales. Additionally, it made advance payments to ease temporary financial burdens on partner companies.

NH Investment & Securities joined efforts to save floriculture farms last month with NH-Amundi Asset Management. Due to the cancellation of events such as graduation and entrance ceremonies caused by the spread of COVID-19, floriculture farms suffered sales damage. To support them and promote flower consumption, they purchased a total of 40,000 roses, including 800 flower baskets, and distributed them by business division. NH Investment & Securities also held an emergency blood donation relay event last month to overcome the blood supply crisis caused by the prolonged COVID-19 situation.

Warm support continues in the accounting industry as well. The Korean Institute of Certified Public Accountants donated 100 million KRW in emergency relief funds to the Daegu branch of the Korean Red Cross the day before. This fund was raised with the sincerity of 23,000 certified public accountants. EY Han Young also donated 120 million KRW in cash and in-kind to the Daegu area and existing regular support organizations. These include 100 million KRW to the Daegu Community Chest of Korea, 10 million KRW to the Daegu Chamber of Commerce and Industry, 5 million KRW to the social welfare corporation Woorinuri, and 5 million KRW to the Raphael Clinic.

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