Shinhan Finance contributes VND1.2 billion to join hands to fight COVID-19

Supporting the community

The company (Shinhan Finance) is furthering its efforts to fight the spread and impact of the virus by committing VND1.2 billion ($52,170) in cash to support urgent public needs and those on the frontlines.

Of the sum, VND800 million ($34,780) will go to the Vietnamese Fatherland Front Committee based in Ho Chi Minh City, VND200 million ($8,700) to the Vietnamese Fatherland Front Committee in Danang city, while the remaining amount will go to the Vietnamese Fatherland Front Central Committee.

More than 100 Shinhan Finance employees and the company’s Trade Union joined hands to donate an average one-day salary to the Vietnamese Fatherland Front Central Committee to help the government fight the COVID-19 pandemic.

Oh Tae Joon, deputy CEO of Shinhan Finance, presented the symbol of the VND800 million contribution to Tran Huu Phuoc, representative of Vietnamese Fatherland Front Committee based in Ho Chi Minh City, on March 31, 2020

Bao Van, head of the Shinhan Finance Branch Network, presented the symbol of the VND200 million contribution to Tran Thanh Man, Chairman of the Vietnamese Fatherland Front Central Committee, on April 3, 2020

On the same day April 3, 2020, the contribution of VND200 million was also given by Shinhan Finance at the Vietnamese Fatherland Front Committee in Danang city

Supporting customers and workforce

Shinhan Finance has launched a nationwide public awareness contest to inform its customers and employees about the importance of social responsibility regarding the government’s call for taking action to save lives during the COVID-19 pandemic.

The campaign aims to speak directly to current customers and employees across the nation about the COVID-19 health crisis in Vietnam, and what they can do to ensure safety for themselves and the community.

Shinhan Finance also encourages customers to do transactions digitally and avoid visiting the branches and service points for 15 days. Information on the customer contest and mechanism is available at www.shinhanfinance.com.vn.

Shinhan Finance has a strong system and the company believes it is well-placed to manage through this challenging time with minimal disruption to its services.

Atul Dixit, Shinhan Finance CEO, said, “We have seen the most incredible response from the Vietnamese government and people, showing solidarity and dedication, especially those on the frontline of the fight in field hospitals, quarantine centres, and airport zones.

“By practicing our core values and compassionate finance, we hope that our cash donation and other donations will make a significant contribution towards protecting people’s lives, and by that we are giving some peace of mind during this challenging time. We hope to see more hands joining the battle so we could get through together.”

Shinhan Finance follows its grandparent company Shinhan Financial Group in deploying a proactive corporate social responsibility policy with targets covering three pillars, namely “Responsible Growth”, “Social Partnership”, and “Investments for the Future”.

“At Shinhan Finance, our deep commitment to corporate social responsibility reflects our desire for sustainable growth. Many of us have the best intentions of helping others in urgent need. I’m so proud of being a member of a responsible organisation like Shinhan Finance,” said Oh Tae Joon, deputy CEO of Shinhan Finance.

Shinhan Finance, a fully foreign-owned consumer finance company and a member of Shinhan Card (Korea), has officially been operating under the Shinhan Finance brand name since July 2019. With Shinhan Card’s knowhow in financial products and more than 13 years of experience in Vietnam’s consumer lending market, Shinhan Finance aims to be named among the best customer-oriented finance companies in the country.

With a widespread business network spanning the nation, the company is poised to serve customers with flexible financial solutions, enabling customers to fulfil their dreams and constantly enhance their living standards.