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Finance
IBK Industrial Bank of Korea to provide 200 billion won support to SMEs involved in navy vessel MRO
IBK Industrial Bank of Korea said on Monday it will provide 200 billion won in financial support to small and medium-sized enterprises involved in South Korea\'s navy vessel maintenance, repair and overhaul (MRO) business. The bank signed an agreement with the Korea Credit Guarantee Fund and the Korea Technology Finance Corp. Eligible firms are those with a track record in the programme or planning to participate. The bank plans to offer interest-rate cuts of up to 1.3 percentage points.
Finance
Shinhan Bank builds specialised hubs in southwest, southeast to support balanced national growth
Shinhan Bank said on March 15 it will build specialised hubs in the country’s southwest and southeast to support regional industrial competitiveness and job creation in line with its “5 poles, 3 special zones” balanced growth strategy. It will launch a Gwangju AI cluster and a Busan vessel MRO cluster tied to shipbuilding and defence. The bank also plans to expand consumer protection, local hiring, digital finance education and support for small merchants and regional universities.
Finance
Hana Financial sets up dedicated teams, revamps KPIs to strengthen corporate finance
Hana Financial Group said it held its first 2026 Hana One-IB Market Forum to strengthen internal capabilities and improve execution of productive finance. Its research units presented outlooks for energy, defence and chemicals, while the brokerage shared semiconductor market 전망 and supply plans. The group will set up productive finance support teams at its bank and brokerage and create a new review team for advanced strategic industries. Hana Bank will revamp KPI items and offer incentives to expand corporate lending. Hana plans to support 84 trillion won in productive finance by 2030, starting with 17.8 trillion won this year.