"I hope this will help students who continue to pursue their studies diligently despite difficult circumstances."

Yang Soon-jong, CEO of Star Savings Bank Co., Ltd., donated 100 million won on the 17th at 2:30 p.m., requesting that it be used for scholarships for Jeonbuk National University (JBNU) students.

Mr. Yang's donation was made to put into practice the company's management philosophy of "contributing to society by fostering upright talent."

Star Savings Bank has also donated scholarships annually to high schools in Jeonbuk, contributing more than 300 million won in total to date.

JBNU will designate the fund as the "Star Savings Bank Scholarship" in accordance with the donor's wishes, select five students from financially disadvantaged households who study diligently, and provide the scholarship until their graduation.

At the donation ceremony, CEO Yang Soon-jong said, "Star Savings Bank, a leading local financial institution with a capital adequacy ratio (BIS) of 36.8% due to stable asset management, is striving to fulfill its responsibility to contribute to the development of upright talent. I hope this scholarship will be put to good use for students who are diligently pursuing their dreams."

In response, President Seo Geoseok said, "We deeply appreciate Star Savings Bank's strong interest in nurturing outstanding local talent. JBNU will also redouble its efforts to strengthen students' educational competitiveness and develop them into leaders on the world stage."