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People

Hana Financial Group supports samgyetang for 4,000 vulnerable elderly in Incheon

Hana Financial Group carried out a social contribution activity for vulnerable elderly people in the Incheon area. The group said on July 16 it held a volunteer event on July 15 at the Gajwa Senior Culture Center in Seo-gu, Incheon, sharing health-boosting meals and delivering “happiness boxes.” Employees served samgyetang to visitors and delivered boxes with meals and instant rice to homes. The group plans to provide samgyetang to about 4,000 people through July 24.

Fintech

Shinhan Bank opens Shinhansol Cluster in Jeonnam-Gwangju to support strategic industries

Shinhan Bank has begun full operations of its Shinhansol Cluster Jeonnam-Gwangju, a regional financial platform aimed at strengthening support for strategic industries in the Jeonnam-Gwangju area. The bank said it held an opening ceremony on July 15 and built a public-private cooperation system linking regional industrial policy with on-the-ground corporate financing demand. The cluster will focus on AI, semiconductors, future mobility and energy, and provide integrated support from diagnostics to execution.

Finance

Brokerages cut domestic branches and step up global push

South Korean brokerages are accelerating overseas expansion as mobile trading prompts further streamlining of domestic branches. As of end-2025, 16 firms operated 93 overseas outlets, up by 13 from a year earlier, while overseas subsidiaries’ net profit rose 67.8 percent. Domestic branches at the top 10 brokerages slipped to 438 as of March 31. Firms are widening foreign omnibus account services and building networks across the United States, Hong Kong, Southeast Asia and India.