Shinhan Investment Corp.'s 4.5% Special Note Sold Out in Just 5 Hours

Shinhan Investment Corp. announced on the afternoon of September 14 that its 30 billion won "Shinhan Premier" special product, prepared for the Chuseok holiday, was sold out just five hours after sales began on the same day.

The Shinhan Premier promissory note, directly issued by Shinhan Investment Corp., is a note with a maturity of less than one year that pays principal and interest at a contracted rate of return. This special edition is a 6-month structured product for individual customers. It attracted attention with a pre-tax annual interest rate of 4.50%.

In line with Shinhan Financial Group's productive finance initiative, Shinhan Investment Corp. uses the funds raised through issuance of promissory notes for corporate finance and venture capital investments. In particular, the company is expanding support for medium-sized, small businesses, and venture companies by leveraging the group’s network and investment capabilities.

Kwon Youngdae, Head of Investment Product Division at Shinhan Investment Corp., stated, "We will not forget the enthusiastic response to this special edition note released in celebration of Chuseok," adding, "We will continue to expand products and services that meet our customers’ financial management needs."

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