NH Nonghyup Bank Accelerates Creation of Senior-Friendly Environment

60 Branches Certified as 'Dementia-Friendly Leading Company'
Customized Asset Management Services for Senior Clients Provided

NH Nonghyup Bank is accelerating its efforts to create a senior-friendly financial environment.

NH Nonghyup Bank announced this on the 16th.

A Dementia-Friendly Leading Company is an institution where branch employees must complete dementia awareness training and take the lead in creating a friendly environment where patients with dementia and their families can use services with peace of mind. Certification is granted after a review by a dementia care center under a local government.

Through the senior-targeted product 'NH All-One Wonderful Medical Expense Dementia Safe Trust,' which was launched in May, the bank also provides customized asset management services for elderly clients. This product is designed so that clients can directly manage their assets while they are healthy, and in the event of illnesses such as dementia, allows predesignated representatives to securely manage the payment of medical and living expenses. The coverage has been expanded to include not only dementia but also a wide range of serious illnesses that may occur among the elderly.

Additionally, by utilizing the Living Trust function, the bank helps prevent inheritance-related disputes that may arise upon the client's death and ensures that assets are securely transferred to the beneficiary designated by the client.

An official from NH Nonghyup Bank stated, "Going forward, we will continue to expand specialized products and services that can support the stable retirement life of our elderly clients."

This content was produced with the assistance of AI translation services.