Hana Bank announced in late May that it will launch the “Long Live the Republic of Korea Installment Savings Account” for national merit recipients and military and public service members on June 1, to mark the Month of Patriots and Veterans, which falls in June in Korea.
On the strength of positive customer responses to the new savings account, launched last year to commemorate the 80th anniversary of Korea’s liberation from Japan, the Long Live the Republic of Korea Installment Savings Account was also planned to provide various financial benefits and express gratitude to those who have dedicated themselves to the nation.
To this end, Hana Bank signed a business agreement with the Seoul Regional Office of Patriots and Veterans Affairs on May 26.
Under this agreement, both organizations agreed to promote the enhancement of financial convenience and livelihood stability for national merit recipients and their families, as well as the spread of a culture of respect for veterans in daily life.
Kim Young-ho (right), head of Hana Bank’s Retail Group poses for a photo with Lee Seung-woo, director general of the Seoul Regional Office of Patriots and Veterans Affairs after signing an agreement for “Long Live the Republic of Korea Installment Savings Account.”
The new account applies a preferential interest rate of 2% per year unconditionally to national merit recipients, police officers, firefighters, and others who have dedicated themselves to the nation.
General customers can receive interest rate benefits of up to 2% per annum, including 1% per annum for having at least 6 salary or pension deposit records within one year of signing up for the product, 0.5% per annum for the first transaction, and 0.5% per annum for completing a mission to practice patriotism such as hoisting Korea’s national flag.
Furthermore, among customers who sign up between June 15 and August 15, five winners will be selected by lottery to receive medals featuring a famous handprint of Patriot Ahn Jung-geun and 20 winners for Korean national flag card-type medals.
Additionally, 100 winners will be given an opportunity to participate in the Seoul Regional Office of Patriots and Veterans Affairs’ tour of historical sites and receive small commemorative gifts.
On top of that, a 3,000-won bakery mobile voucher will be provided to all customers who are currently serving in uniform such as police officers and firefighters.
“We developed this product to express our gratitude to national merit recipients who have dedicated themselves to the Republic of Korea and to uniformed personnel who are still working hard for the safety of the people,” a Hana Bank official said.
“Hana Bank will steadily introduce financial products and services in consideration of both customers’ lives and social values.”
Reorganization of Hana Gold Trust
Hana Bank announced that starting from June 1, it will begin selling newly reorganized Hana Gold Trust by expanding the range of available gold products and increasing its maturity yield.
With this service change, 18K and 14K gold have been added to the types of gold products available for the service, and the yield for customers after one year of maturity has climbed from 1.5% to 1.7% In addition, starting from this coming August, the number of Hana Bank branches handling Hana Gold Trust will be expanded from the existing 166 to 180.
Through this, Hana Bank customers will be able to enjoy more convenience and the generation of profit by utilizing various jewelry items, such as rings, necklaces, bracelets, gold keys and gold products that are no longer in use or have been stored in closets after going out of style.
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