Samsung Steps Up: $2.16 Million Donation to Flood Relief Efforts in South Korea

Samsung Group announced Monday it has donated 3 billion KRW (2.25 million USD) in emergency relief funds to support recovery efforts and assist residents affected by the recent torrential rains that swept across South Korea.

In response to severe flooding that caused widespread damage across the nation, eight Samsung affiliates—including Samsung Electronics, Samsung Display, Samsung SDI, Samsung Electro-Mechanics, Samsung SDS, Samsung Life Insurance, Samsung Fire & Marine Insurance, and Samsung C&T—joined forces in this relief initiative.

Beyond financial aid, Samsung is implementing comprehensive on-the-ground support for flood victims. The conglomerate will provide 1,000 emergency relief kits and 300 mobile shelters—temporary housing units in tent form—through the Korean Red Cross.

These emergency kits contain essential daily necessities such as blankets, sportswear, towels, and toiletries, aimed at alleviating the burden on displaced individuals and families.

Samsung Card is extending tailored financial relief to customers affected by the floods. The company plans to defer credit card payments made between July and September by up to six months. Additionally, customers will have the option to pay their outstanding balances in interest-free installments over the same period.

Further support measures include up to a 30 percent reduction in interest on card loans for affected customers, as well as maturity extensions for long-term card loans due in September.

This is not Samsung’s first disaster relief effort this year. In March, the group donated 3 billion KRW (2.25 million USD) and an additional 1 billion KRW (750,000 USD) worth of home appliances following massive wildfires in the Gyeongsang provinces. The conglomerate also offered free appliance inspections and distributed emergency kits to those affected.

\”Samsung remains committed to standing by the people of Korea during times of crisis,\” a Samsung Group official stated. \”We hope our support will help communities recover quickly and return to normalcy.\”

According to the Central Disaster and Safety Countermeasure Headquarters on Monday, the heavy rainfall has resulted in 18 confirmed deaths and 9 people reported missing as of 9 p.m. Sunday.

A total of 14,166 individuals from 9,887 households have been evacuated to temporary shelters. Infrastructure damage has also escalated, with over 4,000 cases reported across both public and private facilities.