Hana Bank Signs Business Agreement with Seoul Credit Guarantee Foundation for 'Startup Success Project'

Activation of Digital Economy Transition with New 100 Billion KRW Guarantee Support for Startup Companies

[Asia Economy Reporter Jo Gang-wook] Hana Bank announced on the 21st that it has signed a business agreement with the Seoul Credit Guarantee Foundation for the "Korean New Deal Activation Promising Technology Startup Success Project" and decided to actively participate in the activation of the Korean New Deal through the establishment of a collaborative system to support small business owners and SMEs with excellent technology.

Through this agreement, Hana Bank and the Seoul Credit Guarantee Foundation will provide various financial supports to small business owners and SMEs operating businesses based on intellectual property (IP) such as patents, utility models, and design rights.

First, based on Hana Bank's new contribution to the Seoul Credit Guarantee Foundation, a new guarantee of 100 billion KRW scale will be implemented by the Seoul Credit Guarantee Foundation. By offering additional benefits such as preferential interest rates, simplified screening, and reduced guarantee fees, it will actively support the activation of the Korean New Deal through digital innovation.

Additionally, customized financial support and consulting tailored to each stage of the corporate growth cycle, including development, commercialization, and sales expansion, will be provided to build a foundation for growth together with micro-enterprises and startup companies facing difficulties in fundraising.

Jisung Kyu, CEO of Hana Bank, said, "This agreement is significant in that it supports startup companies by evaluating future growth potential based on intangible assets and promotes mutual growth." He added, "Building a startup ecosystem is essential for the transition to a digital economy, and through the signing of the business agreement for the Promising Technology Startup Success Project to activate the Korean New Deal, we will strive to greatly contribute to accelerating digital innovation and strengthening the safety net through support for micro small business owners."

Meanwhile, since January, Hana Bank has been continuously making various efforts such as expanding guarantee ratios and reducing guarantee fees related to intellectual property (IP) guarantees for small business owners and SMEs through the business agreement with the Seoul Credit Guarantee Foundation.

This content was produced with the assistance of AI translation services.