Cooperating with the Ministry of Health and Welfare and Local Governments to Carry Out Projects

Hana Financial Group will provide 30 billion KRW in support by partnering with government ministries and local governments to expand daycare centers that are open 24 hours a day, 365 days a year.


Hana Financial Group announced on the 21st that it will promote the "365 Days Always On Hana Care Daycare" program.


First, by signing a business agreement with the Ministry of Health and Welfare, it will provide 20 billion KRW to select 40 "Weekend and Holiday Type Daycare Centers" and expand weekend and holiday care classes. These daycare centers will operate from 9 a.m. to 6 p.m. on Saturdays, Sundays, and public holidays.


Hana Financial Group and the Ministry of Health and Welfare will work together to identify nationwide areas with gaps in childcare needs based on the diverse working patterns of parents during childcare periods and create a care-friendly culture by providing specialized weekend and holiday care services.


Cho Kyu-hong, Minister of Health and Welfare, stated, "The daycare project is an important initiative to alleviate childcare costs, strengthen care, and support work-family balance. This business agreement will be an excellent example of public-private cooperation to complement the shortcomings of existing welfare services."


Ham Young-joo, Chairman of Hana Financial Group, said, "In cooperation with the Ministry of Health and Welfare, Hana Financial Group will take the lead in creating a balanced environment between work and family and making South Korea a better place to raise children."


Through separate collaboration with local governments, a project will be carried out to establish 10 daycare centers operating 24 hours a day, 365 days a year, with a budget of 10 billion KRW. This will provide parents working in occupations requiring night shifts or shift work, such as police officers, firefighters, nurses, and self-employed workers, with opportunities to receive infant care support outside regular childcare hours.



When Hana Financial Group calls for applications from national and public daycare centers in desired "365 (24-hour) Daycare" areas, local governments will review and select centers that meet the operational requirements. Selected national and public daycare centers will sign operational agreements with Hana Financial Group and the respective local governments and receive financial support through Hana Financial Group for five years to open and operate specialized care programs.

Ham Young-joo, Chairman of Hana Financial Group (left), and Cho Kyu-hong, Minister of Health and Welfare, are posing for a commemorative photo after signing a business agreement related to the expansion of daycare centers on the 20th at Hana Pruni Banpo Daycare Center in Seocho-gu, Seoul. (Photo by Hana Financial Group)<br><br>Ham Young-joo, Chairman of Hana Financial Group (left), and Cho Kyu-hong, Minister of Health and Welfare, are posing for a commemorative photo after signing a business agreement related to the expansion of daycare centers on the 20th at Hana Pruni Banpo Daycare Center in Seocho-gu, Seoul. (Photo by Hana Financial Group)

Ham Young-joo, Chairman of Hana Financial Group (left), and Cho Kyu-hong, Minister of Health and Welfare, are posing for a commemorative photo after signing a business agreement related to the expansion of daycare centers on the 20th at Hana Pruni Banpo Daycare Center in Seocho-gu, Seoul. (Photo by Hana Financial Group)

Ham Young-joo, Chairman of Hana Financial Group (left), and Cho Kyu-hong, Minister of Health and Welfare, are posing for a commemorative photo after signing a business agreement related to the expansion of daycare centers on the 20th at Hana Pruni Banpo Daycare Center in Seocho-gu, Seoul. (Photo by Hana Financial Group)

View original image


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing