Korea Exchange Donates 50 Million Won for Digital Financial Education for Seniors in Busan

On May 15, Korea Exchange delivered a financial education sponsorship fund of 50 million won to the Senior Financial Education Council at its headquarters, aiming to strengthen the digital financial capabilities of seniors in the Busan region.

The delivery ceremony was attended by Sangho Jung, Secretary General of KRX National Happiness Foundation; Younghwan Oh, Secretary General of the Senior Financial Education Council; and Heebae Lee, President of Busan Metropolitan City Senior Welfare Center Association, along with other related officials.

(From left) Heebae Lee, President of Busan Metropolitan City Senior Welfare Center Association; Sangho Jung, Secretary General of KRX National Happiness Foundation; Younghwan Oh, Secretary General of Senior Financial Education Council. Korea Exchange

This initiative is one of Korea Exchange's social contribution programs that has been ongoing since 2019. It was designed to improve financial accessibility for the senior generation, who are vulnerable to being marginalized in the rapidly changing digital financial environment, and to prevent financial fraud targeting seniors.

This year, with the cooperation of the Busan Metropolitan City Senior Welfare Center Association, a specialized education team consisting of one professional instructor and four assistant instructors will directly visit 30 senior welfare centers in Busan. The program will provide hands-on training to approximately 1,200 seniors over two sessions (a total of 60 classes). The education focuses on how to use mobile banking, simple payment methods, and ways to prevent financial fraud. In addition, the program covers the use of practical apps for daily life, such as map apps and Gubbi.

Eunbo Jung, Chairman of Korea Exchange, stated, "It is our collective responsibility to ensure that seniors in Busan are not left behind in the digital era by sharing knowledge on digital financial tools," adding, "We will continue to provide various forms of support to eliminate blind spots in financial education."