Hana Monetary Group, led by Chairman Ham Younger-joo, left, and Korea Senior Residents Affiliation Chairman Lee Joong-keun pose on the affiliation’s headquarters in Seoul, Wednesday. Courtesy of Hana Monetary Group
Hana Monetary Group has partnered with the Korea Senior Residents Affiliation to strengthen monetary safety, comfort and long-term asset administration for the nation’s rising senior inhabitants, the group stated Thursday.
The transfer comes as Korea turns into a super-aged society and monetary companies are increasing past conventional banking to boost seniors’ high quality of life.
The group signed a memorandum of understanding (MOU) with the affiliation to raised reply to demographic adjustments and supply complete monetary assist tailor-made to seniors.
The signing ceremony was held on the affiliation headquarters in central Seoul, attended by affiliation chairman Lee Joong-keun and Hana Monetary Group Chairman Ham Younger-joo.
The 2 agreed to determine joint initiatives, together with the launch of merchandise for affiliation members equivalent to pensions, senior-focused monetary counseling and training, as a part of a broader monetary cooperation to enhance their welfare.
A key advantage of the partnership is tied to playing cards issued by Hana Card, the group’s subsidiary. Affiliation members who join the cardboard will obtain reductions of as much as 15,000 gained ($10) per 30 days, or 180,000 gained yearly. Debit card customers might be eligible for reductions of as much as 5,000 gained per 30 days, or 60,000 gained a 12 months.
Hana Financial institution, the group’s banking subsidiary, will even improve pension-linked monetary companies.
Past merchandise, Hana additionally plans to function on-site monetary briefings and session applications at senior facilities and main occasions hosted by the affiliation.
“These initiatives are anticipated to enhance monetary literacy amongst older adults and assist safer, extra knowledgeable asset administration amid rising monetary fraud dangers,” Ham stated.
“By this partnership, Hana will transcend offering monetary merchandise and develop right into a lifelong companion that helps seniors all through their complete life journey.”
Based in 1969, the affiliation is the nation’s largest senior group, working about 68,000 senior facilities nationwide.
