Finance

Hana Financial activates 3 trillion won inclusive finance roadmap, expands mid-rate loans and debt write-offs

Hana Financial Group is rolling out an inclusive finance roadmap that includes early execution of a total 3 trillion won in 2026. It plans to expand mid-rate loans, write off overdue debt and introduce insurance to prevent rental fraud targeting young people. Hana Bank will launch a non-face-to-face mid-rate loan product and a new loan for small merchants. The group also plans to improve alternative credit scoring and provide support through affiliates.

Finance

Shinhan Bank to provide 7.5 billion won in guaranteed loans for Incheon mid-to-low credit firms

Shinhan Bank will support agreement-guarantee loan financing worth 7.5 billion won for mid-to-low credit companies and online sellers in Incheon. The bank signed an inclusive finance-focused agreement guarantee deal with the Incheon Credit Guarantee Foundation to supply guaranteed loans to local small and micro businesses. Eligible loans are new working-capital facilities at Shinhan Bank. The maximum limit is 50 million won per company, with a 100 percent guarantee and an annual guarantee fee rate of 0.8 percent.