Shown above is the head office of the Korean Federation of Community Credit Cooperatives in Seoul. The outfit has donated $300,000 to victims of the earthquake in Turkey and Syria. Photo courtesy of KFCC

Korean firms continue to offer relief support to Turkey, Syria

South Korean enterprises like Samsung and SK continue to offer relief support to help Turkish and Syrian people recover from the earthquake, which hit the latter country earlier this month.

Financial corporations also follow suit, including major banks, insurance companies, brokerages, and asset management firms across the country.

On Feb. 14, the Korean Federation of Community Credit Cooperatives (KFCC) also noted that it had donated $300,000 to the earthquake victims in the two countries.

The funds are expected to be used to help earthquake victims, who lost their residences and jobs.

“We hope that we can offer helping hands to those suffering in Turkey and Syria. We sincerely want that they will get back to normal lives as soon as possible,” KFCC Chairman Park Cha-hoon said.

Earlier last week, Shinhan Financial Group contributed 300 million won ($240,000) for the same cause. Woori Financial Group and Hana Financial Group also donated $300,000, respectively.

KB Financial Group is collecting funds from its employees, and the outfit plans to offer the same amount.

Many countries, including South Korea, dispatched rescuers to Turkey and Syria to find more people alive after the catastrophic natural disaster.

However, more than 40,000 deaths have been recorded thus far in the world’s fatalist earthquake over the past decade.