Finance

Hana Bank to provide 200 billion won financial support for young entrepreneurs with Kibo and Kodit

Hana Bank will provide 200 billion won in financial support for young entrepreneurs and youth-led companies in cooperation with the Korea Technology Finance Corporation and the Korea Credit Guarantee Fund. Under the agreement, eligible borrowers aged 39 or younger can receive guaranteed loans, with up to 300 million won available per company and a 100 percent guarantee ratio. Hana Bank will also cover a fixed 0.3 percent guarantee fee and offer savings-rate coupons to younger customers.

Finance

Hana Bank teams up with Korea Association of Certified Tax Accountants to promote testamentary trusts and guardian system

Hana Bank will expand wealth management services linking testamentary trusts with the guardian system through a partnership with the Korea Association of Certified Tax Accountants. The bank said it signed a business agreement on Aug. 13 at its Euljiro headquarters to promote the use of testamentary trusts and the guardian system. Hana Bank will provide education, tailored consulting and counselling on trust-related financial services for association members.