On Nov. 13, the Financial Services Commission said the Tech Evaluation Committee selected Hana Bank as No. 1 among institutions rated excellent for technology credit assessment quality. [Photo: Hana Bank]

In a first-half evaluation of banks' technology finance performance this year, Hana Bank and Busan Bank ranked No. 1 in the large-bank and small-bank categories, respectively. The number of institutions rated excellent for technology credit assessment quality rose to 11 in the first half from four in the second half of last year, indicating improved evaluation quality.

The Financial Services Commission said on Nov. 13 it had approved the results of the "2026 first-half technology finance tech evaluation and quality review evaluation" after holding a Tech Evaluation Committee meeting on Nov. 11.

The technology finance tech evaluation is a system that assesses banks' supply performance and support capacity for technology finance every half-year. In the large-bank league, Hana Bank ranked No. 1 and IBK Industrial Bank ranked No. 2. In the small-bank league, Busan Bank and Kyongnam Bank ranked No. 1 and No. 2, respectively.

Hana Bank received a high evaluation after sharply increasing the supply of credit loans and investment related to technology finance. IBK Industrial Bank improved its performance in indicators for credit loans and support for start-ups, while Busan Bank's expansion of technology assessment-based investment affected its achievement of the top spot.

In the technology credit assessment quality review, five self-assessment banks including NH NongHyup Bank, iM Bank, Shinhan Bank, Hana Bank and KB Kookmin Bank, as well as six technology credit rating agencies, received excellent grades. iM Bank was selected for the best technology credit assessment report.

Outstanding technology finance at banks rose by 15.8 trillion won to 334.5 trillion won in the first half from 318.7 trillion won at the end of last year.

The FSC plans to improve the evaluation framework so that it considers not only the scale of technology finance supply but also the substance of technology assessment and the effectiveness of financial support.

Keyword

#Financial Services Commission #Hana Bank #Busan Bank #IBK Industrial Bank #Tech Evaluation Committee
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