my timesThe Korea Times

Hana seeks tailored financial education for vulnerable groups in North Chungcheong Province

Listen
Hana Financial Group Chairman Ham Young-joo, left, and Financial Supervisory Service Governor Lee Bok-hyun, second from left, participate in a signing ceremony for a business agreement to enhance financial education in North Chungcheong Province at the provincial office in Cheongju, Monday. From left are Ham, Lee, North Chungcheong Province Governor Kim Young-hwan and North Chungcheong Province Superintendent of Education Yoon Gun-young. Courtesy of Hana Financial Group

Hana Financial Group Chairman Ham Young-joo, left, and Financial Supervisory Service Governor Lee Bok-hyun, second from left, participate in a signing ceremony for a business agreement to enhance financial education in North Chungcheong Province at the provincial office in Cheongju, Monday. From left are Ham, Lee, North Chungcheong Province Governor Kim Young-hwan and North Chungcheong Province Superintendent of Education Yoon Gun-young. Courtesy of Hana Financial Group

Hana Financial Group signed a business agreement with the Financial Supervisory Service, the government of North Chungcheong Province and the province’s education office to strengthen tailored financial education programs for youth and financially vulnerable groups in the region, the company said Monday.

At the signing ceremony, Hana Financial Group Chairman Ham Young-joo vowed to provide comprehensive and effective education, saying, "We aim to expand a range of tailored programs specifically designed for children and teenagers."

Lee Bok-hyun, governor of the Financial Supervisory Service (FSS) who was also present at the event, stressed that finance is not just a tool for economic activities but plays a vital role in shaping both individuals’ daily lives and society.

“I hope this agreement marks the beginning of establishing a financial education ecosystem in the North Chungcheong region, where access to financial education has been more limited compared to the capital area and its surroundings,” Lee said.

Under the agreement, a new initiative called the “Children’s Financial School with the FSS and Hana Bank” will be launched to provide online financial education for elementary students in the region, in addition to the FSS's own education program.

Through this effort, the FSS and Hana Financial aim to support students in developing a sound understanding of finance and cultivating healthy financial habits, while also helping to reduce regional disparities in education.

Separate education programs have also been established for vulnerable groups and general residents.

Hana Financial will offer mentoring for young people preparing for independence, while the financial watchdog will conduct campaigns aimed at preventing financial scams, such as voice phishing, for vulnerable groups like teenagers and older adults.