Association of Filipino Students in Japan (AFSJ) receives ¥100-million pledge from MUFG with local bank partner, Security Bank

L-R: Mr. Takayoshi Futae (MUFG Bank), Member of the Board, Senior Managing Executive Officer, Chief Executive, Global Commercial Banking Business Unit, Chief Operating Officer-International; Mr. Jose C. Laurel V (screen), Ambassador of the Republic of the Philippines to Japan; Representatives from the Association of Filipino Students in Japan (AFSJ) – Mr. Sean Patrick Jacob C. Razo (President), Mr. Christian Oliver Kalaw (Vice President for Internal Affairs), Ms. Ea Kristine Tulin (Vice President for Alumni Affairs), Mr. Clyde Co (Vice President for Socio-Cultural Affairs)

August 28, 2020, TOKYO, JAPAN – In a virtual event, Mitsubishi UFJ Financial Group, Inc (MUFG), together with its local bank partner in the Philippines, Security Bank (SECB), turned over its pledge of ¥100-million to the Association of Filipino Students in Japan (AFSJ).

“The Filipino students in Japan who have financial difficulties due to the COVID 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.”, says Philippine Ambassador to Japan Jose C. Laurel V.

In response, Mr. Sean Razo, President of AFSJ said, “We would like to extend our gratitude to the MUFG for this very generous donation. 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.”

The virtual event was held at the MUFG Head Office in Tokyo, Japan.

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.

The multimillion education fund will be distributed evenly across four beneficiaries, namely Thai Students’ Association in Japan, Embassy of the Republic of Indonesia in Japan, Association of Filipino Students in Japan, and Embassy of the Socialist Republic of Vietnam in Japan. It will provide much needed financial aid to offset the economic hardship of students due to the COVID-19 pandemic.