The Korea Securities Depository has donated 100 million won to assist residents in Geoje and Tongyeong, who have been affected by recent heavy rainfall.
On September 1, the Depository announced that it has provided the funds to the Hope Bridge National Disaster Relief Association for recovery efforts and support for those impacted by the flooding.
This donation aims to facilitate rapid recovery in the severely affected areas and provide practical assistance to residents as they return to their daily lives.
During the Liberation Day holiday, Geoje and Tongyeong experienced heavy rainfall, with up to 900 millimeters recorded, resulting in casualties and damage to infrastructure.
The donated funds will be used for emergency relief activities, including the provision of relief supplies, temporary housing, and the restoration of damaged facilities.
Yoon Soo, President of the Korea Securities Depository, expressed his condolences to those suffering due to the heavy rain, stating, "I hope this assistance helps the affected residents find stability and return to their daily lives as soon as possible."
The Depository has consistently engaged in emergency relief and charitable activities during disasters, demonstrating its commitment to social responsibility. Last year, it donated 100 million won each for recovery efforts following wildfires in Gyeongsang Province in March and for nationwide flood relief in August.
* This article has been translated by AI.
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