KSD Donates 100 Million KRW in Relief Funds for Heavy Rain Disaster Victims

[Asia Economy Reporter Minji Lee] Korea Securities Depository announced on the 17th that it donated 100 million won to Hope Bridge Korea Disaster Relief Association, a specialized disaster relief fundraising organization, to support overcoming flood damage caused by heavy rain.

The Korea Securities Depository's donation will be used to provide relief supplies to flood victims and to restore facilities in the flood-affected areas. Lee Myung-ho, President of Korea Securities Depository, stated, "We sincerely offer our condolences to neighbors who have lost their homes due to the flood, and we hope this will help residents recover their daily lives as soon as possible."

Korea Securities Depository practices warm capitalism by helping neighbors suffering from sudden disasters and calamities. In August 2020, it donated 100 million won to support flood victims of heavy rain, and in March 2022, it donated 100 million won to aid wildfire victims in the Gangwon and Gyeongbuk regions.