Korea Senior Citizens Association and Hana Financial Group Partner for Senior Financial Welfare, from Exclusive Cards to Counseling

Lee Joonggeun: "Enhancing Digital Financial Accessibility"

The Korea Senior Citizens Association is partnering with Hana Financial Group to launch senior financial services targeting its 3 million members.

The Korea Senior Citizens Association announced on the 25th that it recently signed a business agreement with Hana Financial Group at the Booyoung Taepyeong Building in Jung-gu, Seoul, to cooperate on senior financial services. The two parties agreed to jointly launch an exclusive membership card for association members, provide financial products linked to public pensions, and expand senior financial counseling services.

Lee Joong-geun, Chairman of the Korea Senior Citizens Association and Chairman of Booyoung Group (right), is taking a commemorative photo with Ham Young-joo, Chairman of Hana Financial Group, after signing a business agreement on the 24th at the Booyoung Taepyeong Building in Jung-gu, Seoul. Booyoung Group

Under the agreement, Hana Financial Group will introduce a membership card exclusively for members of the Korea Senior Citizens Association. The credit card will offer discounts of up to 15,000 won per month (up to 180,000 won per year), while the debit card will provide discounts of up to 5,000 won per month (up to 60,000 won per year). Members who designate Hana Bank as their account for receiving public pension payments can also receive up to 50,000 won in cashback.

Hana Bank plans to provide Korea Senior Citizens Association members with customized services across all aspects of retirement finance, including its home pension product "My Home Pension," pension payments, asset management, inheritance, and gifting.

Lee Joonggeun, Chairman of the Korea Senior Citizens Association and Chairman of Booyoung Group, said, "We are working to expand welfare for seniors based on our nationwide network of approximately 3 million members and 70,000 senior centers. I hope that the newly issued card will go beyond serving as a membership card and become an opportunity to enhance digital financial accessibility for our members."

Ham Youngjoo, Chairman of Hana Financial Group, stated, "In a super-aged society, finance is a key infrastructure supporting a stable life for seniors. As a partner who considers all aspects of seniors' lives, we will continue to expand the role of finance."