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Finance

Hana Bank teams up with public delivery app Mukggae-bi to support small merchants

Hana Bank said on Tuesday it signed a strategic partnership with the operator of public delivery app Mukggae-bi to provide financial support for local small merchants and promote use of the app. The agreement aims to ease management burdens as merchants face high inflation and rising fees and labour costs. The bank plans dedicated products and links to policy financing, along with affiliated cards, discount coupons and services for foreign users.

Finance

Shinhan Bank joins plastic reduction initiative PACT

Shinhan Bank said on Tuesday it joined PACT (Plastic ACTion), a global plastic reduction initiative led by the World Wide Fund for Nature, becoming the first bank in South Korea to do so. The bank said it plans to expand cooperation with WWF and promote activities to reduce plastic use. It also plans to support related companies through its core financial business and expand green and transition finance to contribute to a shift to a circular economy.

Finance

Shinhan Bank\'s Ddaenggyeoyo picked as public food delivery app operator in Incheon

Shinhan Bank said on Thursday its Ddaenggyeoyo service was selected as the operator of Incheon’s public-private public food delivery app. Ddaenggyeoyo has signed agreements with 53 local governments nationwide, including Seoul, Busan and Gyeonggi Province. Shinhan Bank plans to add the Incheon Love Gift Certificate as a payment option in the app, jointly promote the service with the city and strengthen cooperation to expand public delivery apps.