New Year Gift: Korean financial group awards Hana Scholarships to meritorious Indian college students in Delhi, Chennai

NEW DELHI: The Hana Financial Nanum Foundation, the philanthropic arm of the South Korea-based Hana Financial Group has for the first time granted scholarships in India valuing USD 40,000 (appx 3 million INR) to 80 underprivileged and meritorious students of four universities.

The beneficiary universities include Anna University and Hindustan University of Technology & Science, Chennai, and University of Delhi, and Guru Gobind Singh Indraprastha University (formerly known as IP University), New Delhi where each student received a scholarship aid of USD 500 (appx INR 37,500).

The scholarship cheques were handed over to these students by the Indian subsidiary of KEB Hana Bank by their respective branches situated in Chennai and Gurugram on December 16 and 17, 2021 in Chennai, and December on 28 and 30, 2021 in New Delhi at the respective university premises.

Hana Financial Group provides an entire gamut of financial services ranging from banking, insurance, investments, pension funds, etc., and is one of the largest financial conglomerates operating in South Korea.  The Group’s global network comprises 213 subsidiaries and offices across 24 countries; and it operates in India through its banking arm, KEB Hana Bank in Chennai since 2015 whereas in Gurugram from 2019. The bank’s core focus is on Corporate and Off-shore Banking.

While addressing students during scholarship award ceremonies in New Delhi, Seung Jin Yang, Country Head of KEB Hana Bank India, said, “It is my honor to be here to grant scholarship program to the promising and bright students on behalf of Mr. Ham, Young-joo who is the chairman of Hana Nanum Foundation, South Korea.”

“I believe each student has already heard about BTS and K-PoP but not the name of Hana Financial group. So, I would like to briefly introduce to all of you Hana Financial Group.”

He said it all started when Korea’s first financial company was funded solely with private capital. Korea Investment & Finance Corporation was founded in 1971. Since then, it grew up as Hana Financial Group which is one of the best financial holding companies in Korea through several mergers and acquisitions.

Hana Financial Group became the first financial institution in South Korea to establish a charitable organization, called Hana Nanum Foundation, in December 2005.

“The foundation which believes, “sharing (Nanum) is the hope that brightens the whole world” & “joy of giving back”, has extended these scholarships to students who have goodwill and great potential to study. The foundation makes such contributions across the globe, wherever its group or associates have operations,” said Seung Jin Yang, Country Head of KEB Hana Bank India.

On December 28, Prof Balaram Pani, Dean, Colleges handed over scholarships to the students at Delhi University in the presence of Dr. Anil Rai, Dean, International Relations, Delhi University, Principal Prof Savita Roy, Daulat Ram College, Principal, Prof Pratyush Vatsala, Lakshmibai College, Dr. Paresh Kumar, Representative, Department of East Asian Studies, Dr. Ms. Roli Bansal, Representative, Keshav Mahavidyalaya, and Seung Jin Yang.

On December 30, Vijay Kumar Dev, Chief Secretary, Delhi NCT gave away scholarships to the meritorious students at IP University in the presence of Prof (Dr.) Mahesh Verma, Vice-Chancellor, Guru Gobind Singh Indraprastha University, New Delhi, Shailendra Singh Parihar, registrar, and Prof. Dhananjay Joshi, Dean and Seung Jin Yang.

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