Hana Bank raises 107.4 million won for children through savings product
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
- Hana Bank raised 107.4 million won through its customer-participation environmental, social and governance savings product.
- The full donation will go to organizations supporting children who need long-term treatment and their families.
- The product, launched with McDonaldโs Korea, allowed customers to designate savings for donation, while Hana Bank added 1,000 won for each account.
Hana Bank has raised 107.4 million won through its Luck Donation Run savings account, with the entire amount set to support organizations helping children who require long-term treatment and their families.
The product was designed as a customer-participation ESG initiative under a business agreement Hana Bank and McDonaldโs Korea signed in November last year. Customers could choose an amount to be donated when their savings matured. All participating accounts reached maturity last month.
Hana Bank also added 1,000 won for every account opened, saying it wanted customers to spread positive influence together through an everyday financial activity. The bank said it created the product to connect ordinary banking with charitable giving.
โThis donation is meaningful because customers practiced the value of sharing through the everyday financial activity of saving,โ a Hana Bank representative said. The representative added that the bank would continue expanding partnerships and financial products that allow customers to take part in social-value initiatives easily in their daily lives.
This donation is meaningful because customers practiced the value of sharing through the everyday financial activity of saving.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.