Shinhan Bank helps underprivileged students on journey to school

Shinhan Bank CEO Shin Dong Min addressing the handing over ceremony in Duc Hoa district

Be with underprivileged students on their study journey

This is the fifth consecutive year when Shinhan Bank holds the Charity Bike Run, a community event where Shinhan Bank offer disadvantaged students with means of transport for their upcoming school year.

The highlight of this activity was that Shinhan Bank staff took their turn to ride these bicycles themselves from a designed location to meet with these students at another assigned point, around 6 kilometers far from the starting location.

The direct involvement of Shinhan Bank staff was for them to make individual contributions together with the bank to bring joys to these children.

On Shinhan Bank’s 2018 Charity Bike Run, 70 new bikes was given to unprivileged students at a primary school in Duc Hoa district and 90 new bikes was given to students at Tan Cuong commune, Vinh Phuc.

These bikes valued totally at nearly VND 400 million ($17,560) were awarded at warmly and friendly ceremonies at Duc Hoa Culture Centre and office of People’s Committee of Tan Cuong Commune.

Sustainable development commitment devoted for local communities

Shin Dong Min, CEO of Shinhan Bank, said about this activity, “Giving bikes to underprivileged students on Charity Bike Run Day is one of our annual meaningful corporate social responsibility activities. We hope that with each bike granted in this program will fuel the energy and encouragement to another student to keep going on his/her study journey”.

Some of the students receiving the new bikes in Tan Cuong commune

Also at the ceremony, a 5^th grade student at Nguyen Van Phu Primary School, Duc Hoa district, shared, “I have ridden my grandmother’s old bike to go to school. It is too old and often broke down. My new high school is around 7 kilometers far from my home and I was too worried about how I could go to school. Fortunately, you supported me a new bike and I am very happy. Just a few months from now for me to begin new school year but with this new bike, I can go to school faster and less tiring than normal.”

Shinhan Bank’s corporate social responsibility efforts focus on the support of the local communities where the Bank locates. Besides “Charity Bike Run”, Shinhan Bank has hold other annual charity projects for underprivileged people in rural areas every Lunar New Year and Mid-Autumn Festival. Shinhan Bank hopes to sustain and expand similar efforts in the future to improve the lives of more disadvantaged people in our community.

The students of Tan Cuong commune received 90 new bikes

Shinhan Bank is under Shinhan Financial Group (SFG) – one of the Big Four in Korea. SFG is also listed on Korea Exchange (KRX) and New York Stock Exchange (NYSE). In two consecutive years, 2016 and 2017, Shinhan Bank had hornor to be in the list of Top 50 Safest Banks in the world, released by Global Finance.

After over 25 years of sustainable development in Vietnam, Shinhan Bank completed the acquisition over ANZ Vietnam Bank’s retail banking services in Vietnam. By April 2018, Shinhan Bank has 30 branches and transaction offices nationwide, continuing to hold the position as the largest foreign bank in Vietnam currently.