Hana Financial Group Donates 2 Billion KRW for Recovery of Areas Affected by Heavy Rainfall

Delivery of 1,111 "Happiness Boxes" Containing Daily Necessities and Medical Supplies to Flood Victims
Yim Youngjoo: "We Will Mobilize All Group Capabilities to Help Customers and Communities Return to Normal Life"

Hana Financial Group announced on July 18 that it will donate a total of 2 billion KRW to support the swift recovery of areas affected by nationwide heavy rainfall?including Chungcheong, Jeolla, and Yeongnam?and to assist flood victims. The group also stated that it will actively provide group-wide financial support for individuals and businesses impacted by the floods.

First, Hana Financial Group will deliver the total donation of 2 billion KRW, voluntarily raised by its 15 affiliates, to areas in need, including regional recovery projects and emergency relief efforts for flood victims.

In addition, the group plans to distribute 1,111 "Happiness Boxes" containing daily necessities and medical supplies to flood victims. Furthermore, mobile meal trucks and laundry vehicles will be provided to support both the flood victims and the recovery workers laboring at the disaster sites.

Yim Youngjoo, Chairman of Hana Financial Group, stated, "We will mobilize all our group-wide capabilities so that communities and customers suffering from this unprecedented heavy rainfall can return to their daily lives as soon as possible," adding, "All executives and employees of Hana Financial Group will actively participate in supporting the recovery of affected areas and assisting flood victims, with the mindset that we stand together with them."

Hana Bank, a key affiliate, will provide new financial support, including emergency living stabilization loans of up to 50 million KRW for individuals and emergency business stabilization loans of up to 500 million KRW per company for small and medium-sized enterprises affected by the heavy rainfall.

For existing loans reaching maturity, the bank will offer extensions of up to one year without principal repayment, and for installment repayments, deferments of up to six months. Additionally, loan interest rates will be reduced by up to 1.3 percentage points.

Furthermore, Hana Card will provide financial support such as payment deferrals for credit card bills for up to six months, installment repayments for up to six months, and a 30% discount on fees for both short- and long-term card loans used within six months after the date of the heavy rainfall damage.

Hana Life will grant payment deferrals of up to 12 months for insurance premiums and policy loan interest, and will process insurance claims related to heavy rainfall damage as quickly as possible.

Hana Insurance will offer financial support by providing up to 50% of estimated insurance payouts in advance, even before accident investigations are completed, for claims related to heavy rainfall damage. For long-term policyholders affected by the floods, premium payments can be deferred for up to six months.

Meanwhile, on March 23, Hana Financial Group donated a total of 1 billion KRW for the swift recovery of areas affected by wildfires and to support disaster victims, and also actively provided group-wide financial support. The group delivered 1,111 "Happiness Boxes" containing daily necessities, including ready-to-eat meals, medical supplies, and hygiene products, to the wildfire-affected areas.