Hana Bank said on Feb. 25 it opened the global community center 'Incheon Hana Global Culture Bank' for foreign residents on the second floor of Hana Bank's Namdong Industrial Complex Financial Center branch in Namdong-gu, Incheon.

The Incheon Hana Global Culture Bank is a dedicated space for foreign residents built by Hana Bank and the Incheon city government through a public-private partnership. Located near an industrial complex, it improves access for foreign workers. It also considered convenience for foreign customers who have difficulty visiting on weekdays by linking with a Sunday branch.

Hana Bank plans to run programs at the space to improve financial literacy among foreign residents, including financial fraud prevention education, digital finance practice and basic financial education.

The city-run Foreign Resident Comprehensive Support Center will also move in and provide daily life information and settlement counselling, Korean-language education, settlement support programs and Korean cultural experiences. It will also provide free medical services for foreigners every Sunday.

Attendees at the opening ceremony included Kim Mi-sook (김미숙), executive vice president of Hana Bank's Central Sales Group, Ha Byeong-pil (하병필), vice mayor of Incheon, and officials from Incheon-based institutions and organisations related to foreign residents.

Kim said the Hana Global Culture Bank is a base space to support foreign residents' settlement in the local community. She said Hana Bank would continue its cooperation with the Incheon city government.