Shinhan Financial Group to donate 200 million won to help India
Shinhan Financial Group announced Monday it will donate 200 million won ($180,000) worth of medical devices and supplies to India in partnership with the Korea International Cooperation Agency.
India is one of countries suffering the most from the coronavirus but lacks hospital beds and medical devices to treat all their patients, the financial group said in a statement.
The group plans to help establish temporary medical facilities for the treatment of Covid-19 patients in Mumbai and supply liquid oxygen, which is crucial for treating the respiratory virus. The group will also send medical supplies crucial to Covid-19 treatment to Indian regions where the virus is quickly spreading, like Kanchipuram, one of most ancient cities in the country.
The group said it will continue to monitor the Covid-19 situation in India through its local networks, such as the Indian branch of Shinhan Bank, to offer necessary aid to the country.
BY KIM JEE-HEE [email@example.com]