Hana Financial Group Donates 1 Billion KRW to COVID-19 Medical Staff... Joins Good Landlord Movement

Kim Jung-tae, Chairman of Hana Financial Group

[Asia Economy Reporter Kim Min-young] Hana Financial Group has actively stepped up support to prevent and recover from the novel coronavirus disease (COVID-19).

On the 27th, Hana Financial announced that it donated 1 billion KRW to the National Disaster Relief Association for preemptive quarantine and rapid recovery from COVID-19.

Hana Financial plans to focus this donation on practical material support for medical staff in the Daegu and Gyeongbuk regions, which have been declared special management zones. In addition to basic supplies such as medical supplies, protective suits, and masks for medical personnel, relief items including health supplement kits to boost the immunity of medical staff will also be provided.

Hana Financial also decided to join the Good Landlord Movement. For tenants leasing real estate owned by group affiliates in the Daegu and Gyeongbuk areas, the full rent will be waived for three months, and for other regions, rent will be reduced by 30% (up to 1 million KRW per month) for three months.

Kim Jung-tae, Chairman of Hana Financial Group, said, “We especially thank the medical staff who are voluntarily participating and doing their best amid the difficulties caused by the spread of COVID-19,” and added, “Hana Financial will also do its utmost to help everyone overcome this difficult situation wisely by working together.”

Affiliates within Hana Financial, including Hana Bank, Hana Financial Investment, Hana Card, and Hana Financial TI, are also actively participating in support for COVID-19 damage recovery.

Hana Bank, considering the difficulty for customers in the Daegu and Gyeongbuk regions to visit branches directly, decided to waive all fees for one month on non-face-to-face channels such as internet banking, mobile banking, and automated teller machines. The waiver period may be extended depending on future circumstances.

Additionally, to support local small business owners engaged in restaurants, retail, and wholesale businesses severely affected by COVID-19 sales declines, Hana Bank plans to contribute an additional 10 billion KRW to the regional credit guarantee foundation’s special fund, separate from previously paid contributions.

Hana Financial Investment also delivered 10,000 masks to the Shenzhen Red Cross in China, Hana Card is providing emergency financial services such as repayment deferrals or interest rate discounts on card payments for COVID-19 affected merchants, and Hana Financial TI donated children's masks and hand sanitizers to the Green Umbrella Children’s Foundation.

This content was produced with the assistance of AI translation services.