Hana Bank is expanding its financial support for small and medium-sized enterprises with low credit ratings in the Incheon area.
On August 27, Hana Bank announced an additional special contribution of 500 million won to the Incheon Credit Guarantee Foundation.
This contribution follows Hana Bank's earlier donation of 1.5 billion won in March as part of its 'All Growth Financial Support' initiative. The support, which initially focused on youth entrepreneurship, job creation, and revitalizing commercial districts, will now also include small businesses with low to medium credit ratings.
As a result, Hana Bank's total contribution to the Incheon Credit Guarantee Foundation this year will increase from 5.5 billion won to 6 billion won. The scale of guarantee supply through the foundation in the Incheon area will also expand from 84 billion won to 91.5 billion won.
Since August 24, Hana Bank has been operating the 'Incheon Sharing Account' in collaboration with the Incheon Credit Guarantee Foundation. This product provides a total of 10 billion won in emergency operating funds to small businesses in Incheon, offering up to 10 million won per business in a negative balance account format.
Seo Yoo-seok, head of Hana Bank's corporate group, stated, "As Hana Financial Group prepares to relocate to Cheongna in Incheon, we will continue to provide tailored financial support for local small businesses. We aim to expand inclusive finance to contribute meaningfully to the growth of the Incheon economy."
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.