Hana Bank is taking steps to support independence activists and their descendants as South Korea marks the 81st anniversary of its liberation.
On August 10, Hana Bank announced that it has signed a memorandum of understanding with the Korean Liberation Association to promote support initiatives for independence activists and their descendants.
This agreement aims to utilize the profits generated from the 'National Love Public Trust,' which Hana Bank established in 2015 to commemorate the 70th anniversary of liberation. After returning the principal amount to the contributors upon maturity, Hana Bank plans to allocate the remaining trust profits to various support initiatives for independence activists.
The two organizations will also collaborate on projects commemorating the 150th anniversary of Kim Gu's birth. They plan to provide scholarships and living expenses to descendants of independence activists, as well as support for field trips to historical sites related to the independence movement, academic research, and initiatives for independence activist organizations.
The Korean Liberation Association will identify and recommend descendants of independence activists who require economic and educational support, while Hana Bank will fund related projects based on the profits from the National Love Public Trust.
The National Love Public Trust was established in 2015 to support independence activists. Through this initiative, Hana Bank aims to continue its charitable contributions and social responsibility efforts utilizing public trusts.
Lee Ho-sung, President of Hana Bank, stated, "It is meaningful to engage in projects that can provide practical assistance to independence activists and their descendants on the occasion of the 81st anniversary of liberation and the 150th anniversary of Kim Gu's birth. We will continue to fulfill our social role in finance by promoting a culture of giving through public trusts."
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.