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Search results for Incheon Credit Guarantee Foundation

Finance

Shinhan Bank retains Incheon city treasury mandate worth about 17 trillion won

Shinhan Bank won the mandate to remain Incheon’s primary treasury bank in a market worth about 17 trillion won, fending off a challenge from Hana Bank. Incheon said it selected Shinhan as the designated institution for the primary treasury role for 2027-2030, while NH NongHyup Bank was chosen as the secondary treasury bank. The primary treasury manages general accounts, special public enterprise accounts and funds.

Finance

Hana Bank expands support for small merchants with mid-to-low credit in Incheon with 91.5 billion won guarantees

Hana Bank will expand financial support for small merchants with mid-to-low credit in Incheon. The bank said on Aug. 27 it will make an additional 500 million won special contribution to the Incheon Credit Guarantee Foundation and strengthen inclusive finance support for local small business owners. The move expands a financial support programme launched in March. The bank’s contributions this year will rise to 6 billion won, and agreed guarantees via the foundation will increase to 91.5 billion won.

Finance

Hana Bank to expand financial support in Incheon, launch 200 billion won unicorn fund

Hana Bank will expand financial support for young people, low-income groups and small merchants in the Incheon area and increase funding to foster future strategic industries and startups. The bank said it signed three agreements with Incheon on Aug. 14, including a co-growth pact, support for ABC+E sectors and an investment accord for an Incheon Unicorn Fund. The fund will be set up at 200 billion won to invest in local startups and growth firms.