Yuanta Securities Launches 'US Stock Collateral Loan' Service

[Asia Economy Reporter Minji Lee] Yuanta Securities announced on the 21st that it will launch the 'U.S. Stock Collateral Loan' service, which allows loans up to 55% of the evaluated value using U.S. stocks as collateral.

The U.S. Stock Collateral Loan service is similar to the domestic stock collateral loan, allowing customers to borrow necessary funds by using U.S. stocks held in their accounts as collateral.

The U.S. stocks eligible for collateral designation include about 500 stocks selected by Yuanta Securities, such as those composing the S&P 500 index. Loans can be made up to 55% (40%~55%) of the evaluated value of U.S. stocks held in the account, with a maximum loan period of 90 days (extendable after review).

The maximum loan limit is 1 billion KRW, which is granted separately from domestic stock collateral loans and applied differentially according to customer groups. The collateral maintenance ratio is 150%, managed through integrated collateral evaluation of domestic and overseas stocks, and loan execution, repayment, collateral evaluation, and management are based on the KRW-converted amount.

Any Yuanta Securities customer holding U.S. stocks eligible for collateral designation and capable of entering into a loan agreement can use this service. Loan agreement signing and loan application are available through branches, the website, HTS (T-Rader), and MTS (T-Rader M).

Nam Sang-woo, head of the Retail Finance Team, said, “As U.S. stock investment becomes more active, we launched the U.S. Stock Collateral Loan service to meet customers’ investment needs. We will continue to develop differentiated services such as loan products that allow customers to conveniently use necessary funds.”

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