Hana Bank is set to provide approximately 400 billion won in financial support to stimulate the economy for small businesses and enterprises in Incheon ahead of Hana Financial Group's relocation to Cheongna in September.
On July 23, Hana Bank announced that it had signed a 'Special Contribution Agreement for Inclusive Finance' with the Incheon Credit Guarantee Foundation.
This agreement aims to contribute to the revitalization of the Incheon local economy and expand practical financial support that small businesses and local enterprises can feel.
Hana Bank will make a special contribution of 5.5 billion won to the Incheon Credit Guarantee Foundation to support 84 billion won in specialized guarantee loans for small businesses. Following a 3.5 billion won contribution in the first half of the year, an additional 2 billion won will be contributed in the second half, providing a total of 30 billion won in guarantees.
Additionally, Hana Bank will offer financial benefits to merchants participating in the Incheon local currency 'Incheon e-um' and the public delivery app 'Meokgaebi,' and will provide an emergency operating fund of 10 billion won in a negative balance account format for small businesses in Incheon.
After the agreement signing, Hana Bank CEO Lee Ho-sung visited the Sinpo International Market and the Namdong National Industrial Complex, where he delivered development funds to merchant associations and held a meeting with business leaders to listen to their concerns. Hana Bank plans to launch a total of 300 billion won in 'Incheon Hana Special Industry Loans' targeting companies based in Incheon, aiming to enhance local industrial competitiveness and provide tailored financial support for business growth.
Lee Ho-sung stated, "Coexistence with small businesses and industrial complex companies, which are the lifeblood of the local economy, is a natural responsibility for financial institutions. We will become a financial partner that grows together with the region through practical, tailored financial support."
* This article has been translated by AI.
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