NH Nonghyup Bank announced on October 13 that the number of subscribers to its 'Voice Phishing Compensation Insurance' program has surpassed 180,000 as of the end of September.
The Voice Phishing Compensation Insurance is a public initiative aimed at supporting the economic recovery of elderly individuals who have fallen victim to financial scams, including voice phishing. Anyone aged 60 and over can enroll for free, regardless of whether they have an account with the bank, without any additional insurance premium.
The bank is expanding its promotional efforts and enrollment support in collaboration with local communities, focusing on its branches nationwide. It is particularly active in regional events with high participation from the elderly, such as mobile health clinics and park golf tournaments, where it provides education on preventing voice phishing and assists with insurance enrollment.
Given the recent surge in enrollments, NH Nonghyup Bank anticipates that the number of subscribers will soon exceed 200,000. The bank plans to continue strengthening its efforts to prevent financial scams and support compensation for the elderly in collaboration with local communities.
Park Jang-soon, the bank's Vice President of Consumer Protection, stated, "Surpassing 180,000 subscribers is significant as it indicates that a financial safety net for the elderly is spreading nationwide. We will continue to support more citizens in preparing against financial scams."
* This article has been translated by AI.
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