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Finance

Hana Bank launches 5.5 percent mid-rate loan for mid-to-low credit borrowers

Hana Bank launched an online-only mid-rate unsecured loan aimed at improving access to finance for mid-to-low credit borrowers. The product applies a fixed annual interest rate of 5.5 percent and offers a maximum limit of 10 million won, targeting customers in the bottom 50 percent of personal credit scores. Hana Bank plans to supply 2 trillion won of the loans and said the design helps borrowers plan repayments without rate volatility.

Finance

Hana Bank launches non-face-to-face small loans for public pension recipients

Hana Bank has launched a mobile-only small credit loan for customers receiving public pensions, allowing applications and disbursement through its app without visiting a branch. The product targets recipients of four major public pensions and expands an in-person offering to non-face-to-face channels. It carries a fixed annual interest rate of 1.0 percent and provides a single credit limit of 500,000 won for customers who receive public pensions at Hana Bank.

Finance

Hana Bank offers up to 120,000 won benefits for Hana Narasarang Card customers

Hana Bank is offering benefits for service members and Hana Narasarang Card customers in June, designated as the month of patriotism and veterans. The bank said it will run an appreciation event with CU. Customers who spend at least 10,000 won per purchase at CU using the card will receive a 10,000 won cashback once. New cardholders will receive a 10,000 won CU coupon via the Hana OneQ app. Discounts also apply to CU promotional products.