Hana Bank, 5 Consecutive Quarters Leading Bank Sector in DC Retirement Pension Returns

Hana Bank announced on the 16th that it has ranked first among commercial banks for five consecutive quarters in the past one-year operation yield of defined contribution (DC) retirement pensions as of the end of the second quarter this year.

According to the Financial Supervisory Service's Integrated Pension Portal, as of the end of the second quarter, Hana Bank's defined contribution (DC) retirement pension operation yield for the past year recorded 14.83% for non-principal-guaranteed products and 3.85% for principal-guaranteed products. It has maintained the top position among commercial banks for five consecutive quarters since the second quarter of 2023.

As of the end of the first half of this year, Hana Bank's retirement pension reserves increased by 2.4 trillion KRW compared to the end of last year, reaching 36.1 trillion KRW, ranking first among all banks. The growth rate of 7.2% also ranked first across the banking sector.

Hana Bank was the first bank in the banking sector to launch a retirement pension exchange-traded fund (ETF) in 2021. In April, it introduced a specialized product for pension withdrawal that guarantees principal while allowing monthly reinvestment of interest amounts, called the ‘Principal-Guaranteed Monthly Payment Other Derivative-Linked Bond (DLB)’.

Additionally, Hana Bank provides various services to systematically manage customers' pension assets, including ▲ a ‘visiting consultation service’ by pension specialist consultants ▲ operation of the ‘Pension The Dream Lounge,’ a specialized consultation center for pension VIP customers at six branches nationwide. In the second half of the year, it plans to open additional ‘Pension The Dream Lounge’ locations in the metropolitan area.

A representative from Hana Bank’s Pension Business Division stated, “We provide various pension asset management services to ensure a healthy retirement plan for pension customers who trust Hana Bank with their valuable retirement assets. We will continue to develop differentiated pension products and customized services to promote the safe growth and management of our customers' pension assets.”