Hana Bank to Expand Financial Support for Incheon Small Businesses and Companies Ahead of Cheongna Relocation

39.4 Billion Won in Financial Support for Small Businesses and Companies

Hana Bank is set to expand financial support for small business owners and companies in the Incheon region as it prepares to relocate its headquarters to Cheongna, Incheon.

According to Hana Bank on July 26, Ho Sung Lee, CEO of Hana Bank, signed the "Hana Bank Inclusive Finance Special Contribution Business Agreement" with the Incheon Credit Guarantee Foundation on July 23. He also visited the Sinpo International Market and the Namdong National Industrial Complex to engage directly with local small business owners and leading companies based in Incheon, aiming to revitalize the regional economy.

The event was attended by CEO Ho Sung Lee, Buhyeon Lee, Chairman of the Incheon Credit Guarantee Foundation, Sanggu Lee, Senior Vice President of the Sinpo International Market Merchants' Association, and Juhyung Kim, CEO of Meokkkaebi, among others.

This year, Hana Bank will make a special contribution of 3.5 billion won in the first half and 2 billion won in the second half to the Incheon Credit Guarantee Foundation, totaling 5.5 billion won, to provide specialized guarantee loans for small business owners amounting to 84 billion won.

In addition, Hana Bank will offer preferential financial benefits to merchants affiliated with 'Incheon e-Eum', the local currency of Incheon, and the public food delivery application 'Meokkkaebi'. In particular, for the small business owners of Incheon, the bank plans to provide an additional 10 billion won in emergency revolving funds structured as negative balance accounts.

Hana Bank will also introduce the "Incheon Hana More Specialized Industry Loan" totaling 300 billion won for Incheon-based companies as part of its efforts to bolster the competitiveness of local industries and provide customized financial support to foster corporate growth.

Ho Sung Lee, CEO of Hana Bank, commented, "With Hana Financial Group relocating its headquarters to Cheongna this September and establishing new roots in Incheon, it is our responsibility as a financial institution to foster mutual growth with small business owners in traditional markets and companies in industrial complexes, who are the lifeblood of the local economy."

He continued, "Beyond simply providing financial support, we will listen closely to the diverse needs of the local business community and companies, and become a reliable financial partner that grows together with Incheon through swift and practical, tailored financial support."

Hosung Lee, CEO of Hana Bank (second from the left in the photo), signed the "Hana Bank Inclusive Finance Special Contribution Agreement" with Incheon Credit Guarantee Foundation on the 23rd. Provided by Hana Bank

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