With local bank partner Security Bank Corp., Mitsubishi UFJ Financial Group Inc. (MUFG) of Japan has turned over its pledge of ¥100 million (P45.87 million) to the Association of Filipino Students in Japan (AFSJ). “The Filipino students in Japan who have financial difficulties due to the Covid-19 situation are very fortunate that they continue to receive such generous donation and support. Recently, we were informed by the AFSJ that there are already more than 100 Filipino students who will benefit from the first round of assistance this year,” Ambassador Laurel said. Those who will benefit greatly from this are students who experience homelessness because they cannot pay rent, students who cannot buy groceries, and other stories of financial difficulties,” he said. Security Bank and MUFG Bank Ltd, together with other MUFG companies and strategic partners in Asia, have pledged approximately ¥400 million to support Southeast Asian students in Japan who are facing economic difficulties during the Covid-19 pandemic.

Source: Manila Times September 09, 2020 17:15 UTC