Hana Financial Research Institute and KIET to Launch Joint Research on Productive Finance

On May 3, Hana Bank and Hana Financial Research Institute announced that they had signed a "Financial Business Agreement for the Promotion of Productive Finance" with the Korea Institute for Industrial Economics and Trade (KIET).

After Hana Financial Research Institute and the Korea Institute for Industrial Economics and Trade (KIET) signed a business agreement to promote productive finance at the Hana Financial Myeongdong Building on the 30th of last month, Jung Hee-soo, Director of Hana Financial Research Institute, and Kwon Nam-hoon, President of KIET (left), are posing for a commemorative photo. Courtesy of Hana Bank

Through this agreement, the two institutions will jointly conduct research to develop financial support measures that reflect the specific characteristics of each industry. Specifically, they plan to expand cooperation in a variety of areas, including: establishing strategies to link industrial and financial policies; developing tailored financial support solutions for each sector; and building value assessment models based on the integration of industrial and financial data.

In addition, experts from KIET will participate in the "Productive Finance Academy" program, which aims to nurture specialists in productive finance within Hana Financial Group, to provide support in education and research. Experts from KIET will also be invited to the quarterly "Hana One-IB Market Forum" to deliver lectures on changes in the industrial environment and financial response strategies.

Through these initiatives, KIET is expected to identify policies for fostering new growth industries and building industrial ecosystems, while Hana Financial Research Institute aims to significantly enhance the practical implementation of productive finance through joint research with the group's productive finance departments.

Hee-Soo Jung, Director of Hana Financial Research Institute, stated, "Collaboration with KIET, which is at the center of industrial policy, will serve as a milestone in demonstrating how finance can truly support the growth of the real economy. We will go beyond simple analysis to set standards for productive finance that work in practice, and create a cooperative relationship that provides tangible support for the implementation of productive finance."

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