Hana Bank Signs ESG Business Agreement with Health Insurance Review & Assessment Service

Selected as the Main Bank for the Health Insurance Review and Assessment Service, a Public Health Institution
Public and Private Sectors Actively Promote ESG Management to Enhance Social Value Together

Hana Bank signed a business agreement on the afternoon of the 16th at its Euljiro headquarters in Jung-gu, Seoul, to jointly promote ESG management with the Health Insurance Review and Assessment Service. Park Sung-ho, President of Hana Bank (left), and Kim Sun-min, President of the Health Insurance Review and Assessment Service, who attended the signing ceremony, are taking a commemorative photo.

[Asia Economy Reporter Song Hwajeong] Hana Bank announced on the 17th that it has signed a business agreement with the Health Insurance Review & Assessment Service (HIRA) to jointly promote ESG (Environmental, Social, and Governance) management.

HIRA is a public institution under the Ministry of Health and Welfare located in Wonju, Gangwon Province, playing a pivotal role in leading the development of South Korea's health insurance and healthcare management system.

Through this business agreement, Hana Bank plans to serve as HIRA's main bank for the next five years, providing financial services aimed at improving public health and enhancing social security, as well as supporting HIRA's systematic fund management.

Additionally, Hana Bank and HIRA have agreed to collaborate on expanding ESG management involving both public and private sectors by ▲ supporting public medical centers and vulnerable groups in Gangwon Province ▲ promoting mutual growth through cooperation in regional development projects ▲ and practicing activities that increase social value in harmony with local communities, such as sponsoring social enterprises.

Attending the signing ceremony, Park Sung-ho, CEO of Hana Bank, stated, "We will do our utmost to ensure that HIRA, which is responsible for South Korea's health insurance and healthcare, can enjoy more convenient and diverse financial benefits," adding, "Hana Bank will continue to expand the scope of collaboration as a partner in HIRA's ESG management to create social value."

Hana Bank operates the 'Mutual Growth Loan,' a dedicated loan product for cooperative small and medium-sized enterprises utilizing HIRA's creditworthiness, and is also leading social contribution activities such as supporting the installation of pharmaceutical waste collection boxes in the Wonju Innovation City of Gangwon Province.

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