Hana Bank chief Lee Ho-sung: “We will work to save lives through finance and block illegal lending”

Hana Bank CEO Lee Ho-sung has joined a nationwide campaign aimed at protecting financially vulnerable people from illegal private lending.

The “Finance That Saves Lives” relay campaign promotes the value of inclusive finance and seeks to extend the safety net of regulated financial institutions across society. It focuses on people suffering from high-interest illegal loans and unlawful debt collection.

The Korea Inclusive Finance Agency launched the public-interest campaign in July. Public institutions, local governments and major financial companies take turns participating, sharing messages on their official social media accounts and nominating the next participant.

Lee joined the campaign after IBK Industrial Bank CEO Jang Min-young selected him. On Aug. 31, he appeared holding a sign bearing the message, “Finance that saves lives will protect people so they are no longer driven into illegal private lending,” which Hana Bank later posted on its official social media channels. Lee nominated KB Kookmin Bank CEO Lee Hwan-ju to continue the relay.

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Finance that saves lives will protect people so they are no longer driven into illegal private lending.