Korea Securities Depository Sponsors Traditional Market Shopping Event for Chuseok

(From left) Song Hong-ju, Vice Chairman of the Korea Securities Depository Labor Union, Kim Heung-kwon, Chairman of the Seoul Metropolitan Chapter of the Korean Red Cross, Lee Myung-ho, President of the Korea Securities Depository

[Asia Economy Reporter Minji Lee] Korea Securities Depository announced on the 8th that it has donated funds and goods to the Seoul Metropolitan Branch of the Korean Red Cross in support of a traditional market shopping event in celebration of the Chuseok holiday.

The Depository sponsored 30 million won worth of Onnuri gift certificates and 200 hand-carry shopping carts. Volunteers from the Korean Red Cross plan to conduct shopping events throughout September for 200 vulnerable households, including elderly people living alone.

This year, considering the spread of COVID-19 and the mobility of vulnerable groups, the event will be expanded and dispersed to four markets in Seoul: Yeongdeungpo Market, Guro Market, Gwangjang Market, and Songhwa Market.

Since 2011, the Depository has supported the traditional market shopping event for 12 years, practicing corporate social responsibility and ESG. After relocating its headquarters to Busan in 2014, it supports the Busan area during Seollal and the Seoul area during Chuseok, assisting vulnerable groups in local communities.

Lee Myung-ho, President of the Korea Securities Depository, said, “We hope that our neighbors in need in society can have a warm Chuseok, and that the shopping event will help revitalize traditional markets even a little.”