Finance
Hana Bank, Credit Guarantee Foundation Federation to fully digitise small business guaranteed loans
Hana Bank said it will introduce a one-stop, non-face-to-face service for guaranteed loans for small merchants and sole proprietors in partnership with the Credit Guarantee Foundation Federation. From September, customers will be able to complete the entire process, from applying for a guarantee to loan execution, through the federation’s Bojeungdream app. The service uses Hana Bank’s banking-as-a-service platform and public MyData to transfer required documents automatically.