Lotte Shopping Offers Preferential Savings and Loan Rates for Employees with Childbirth and Childcare Needs

Business Agreement with Hana Bank for Childbirth and Childcare Support
Kim Sanghyun, Head of Lotte Retail Division: "Expanding Practical Support Measures"

Lotte Shopping announced on July 2 that it is partnering with Hana Bank to introduce a childbirth and childcare support program for its employees, aimed at encouraging childbirth and supporting childcare.

Lotte Shopping and Hana Bank employees are taking a commemorative photo at the agreement ceremony for childbirth and childcare support. Photo by Lotte Shopping

Lotte Shopping and Hana Bank signed an "Agreement for Childbirth and Childcare Support for Employees" at Lotte World Tower in Songpa-gu, Seoul, the previous day. The signing ceremony was attended by Lotte Group Retail Division Vice Chairman Kim Sanghyun and Hana Bank President Lee Hosung. This agreement was initiated based on a shared understanding between the two companies to promote childbirth and support childcare, ahead of "World Population Day" on July 11.

Under the agreement, Lotte Shopping employees who are expecting a child or have preschool-aged children will receive preferential interest rates in addition to the base rate when subscribing to Hana Bank's savings products. In addition, credit loans will be offered at further reduced rates on top of the existing preferential rates provided to Lotte Group employees.

Meanwhile, Lotte Shopping already operates a range of support systems, including mandatory paternity leave, pre-fatherhood prenatal checkup leave, "Baby Wish" leave, caregiving leave, shortened and flexible working hours for pregnant employees, and support for daycare and children's tuition.

Vice Chairman Kim stated, "Lotte Shopping will continue to expand practical support measures so that employees can feel secure in giving birth and raising children," adding, "Through this agreement, we aim to contribute to building a sustainable society and fulfill our responsibility as a reliable partner for employees in childbirth and childcare."