Hana Bank Signs Business Agreement with National Pension Service to Protect Beneficiaries' Financial Assets

Hana Bank signed a business agreement with the National Pension Service on the 29th at the Hana Bank headquarters in Euljiro, Jung-gu, Seoul, to protect the financial assets of National Pension recipients. In the business agreement ceremony, Kim So-jung, Vice President of Hana Bank's Digital Experience Headquarters (right), and Kim Jeong-hak, Pension Director of the National Pension Service, are taking a commemorative photo.

[Asia Economy Reporter Kiho Sung] Hana Bank announced on the 29th that it has signed a business agreement with the National Pension Service to protect the financial assets of National Pension recipients.

This agreement was established to practice ESG (Environmental, Social, and Governance) management by fulfilling social responsibility through protecting the financial assets of elderly National Pension recipients, as cyber financial crimes such as voice phishing have emerged as a social issue amid the continuous increase in pension recipients.

Through this agreement, Hana Bank plans to provide free insurance services to elderly pension recipients who are relatively vulnerable to cyber financial crimes.

The insurance service is Hana Insurance's "Cyber Financial Crime Compensation Insurance," targeting pension recipients who receive their National Pension through a Hana Bank account. The coverage period is one year, and it compensates up to 70% of the damage amount within a maximum limit of 10 million KRW. The free insurance service is limited to 100,000 people and can be applied for through Hana Bank's mobile app "Hana One Q" from 6 PM on October 5th until the end of the year.

Kim Sojung, Vice President of Hana Bank's Digital Experience Headquarters, said, "We hope that the free insurance service prepared through the agreement with the National Pension Service will help protect the assets of elderly pension recipients who are relatively vulnerable to cyber financial crimes," and added, "We will continue to fulfill our social responsibility through various efforts to protect the assets and rights of financial consumers."

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