Hana Bank Signs Regional Win-Win and ESG Business Agreement with Korea Mine Reclamation Corporation

Hana Bank signed a business agreement on the 27th at the headquarters of the Korea Mine Reclamation Corporation located in Wonju, Gangwon Province, with the Korea Mine Reclamation Corporation to jointly promote regional coexistence and ESG management. Park Sung-ho, President of Hana Bank (left), and Hwang Gyu-yeon, President of the Korea Mine Reclamation Corporation, who attended the agreement ceremony, are taking a commemorative photo.

[Asia Economy Reporter Kiho Sung] Hana Bank announced on the 28th that it has signed a business agreement with the Korea Mine Reclamation Corporation to jointly promote regional coexistence and ESG (Environmental, Social, and Governance) management, and will engage in various collaborations for mutual growth.

Through the business agreement held the previous day, Hana Bank will serve as the main bank for the Korea Mine Reclamation Corporation for the next three years, providing specialized foreign exchange services to support the stable supply and strategic stockpiling of raw minerals such as semiconductors and batteries, systematic fund management and execution, and professional financial services such as cash asset management.

Additionally, both parties plan to promote close exchanges and cooperation in various areas to expand ESG management, including supporting urban regeneration projects in closed mine areas, fostering mutual growth through sponsorship of regional promotion projects, sponsoring aid for disadvantaged neighbors near mining areas, jointly supporting social enterprises within local communities, and supporting economic revitalization in marginalized areas within the community.

Furthermore, Hana Bank plans to promote mutual growth by supporting ‘Mutual Growth Loans’ for secondary to quaternary partner companies using the creditworthiness of the Korea Mine Reclamation Corporation, and will also carry out joint social contribution activities such as a kimchi-sharing event and the delivery of ‘Happiness Boxes’ containing winter supplies.

Park Sung-ho, CEO of Hana Bank, stated, “Through this business agreement, Hana Bank will continue various collaborations as a partner creating social value together, not only by providing financial solutions including specialized foreign exchange services to support the Korea Mine Reclamation Corporation’s key function of resource security, but also by playing a role in jointly expanding regional coexistence and ESG management.”