"Non-face-to-face, Small Amount Gold Bullion Investment"... Hana Bank Launches First in Banking Sector

Launch of Korea Exchange Gold Spot Investment Trust Products
Also Introducing Overseas ETFs and Advisory EMP Trusts

[Asia Economy Reporter Minwoo Lee] Hana Bank is launching a product that allows investment in physical gold remotely for the first time in the banking sector.

Hana Bank announced on the 30th that it has launched the 'Non-face-to-face Physical Gold Trust' product. It explained that through the Hana One Q application (app), customers can invest in physical gold remotely for the first time in the banking sector.

Through this product, customers can invest in physical gold with a purity of 99.99% or higher traded on the Korea Exchange (KRX) in units of 1 gram (g). The Korea Exchange physical gold is regarded as having the lowest fees among direct physical gold investments. Additionally, it offers tax exemption benefits on capital gains and a 10% value-added tax exemption upon sale.

Furthermore, customers can subscribe to 'Overseas Exchange-Traded Funds (ETF)' and 'Advisory-type EMP (products that diversify investments across various ETFs such as stocks and bonds)' through Hana One Q. The overseas ETF trust product allows investment in ETFs listed on the London Stock Exchange in US dollars, and the EMP trust product is managed by constructing a portfolio of domestically listed ETFs based on advice from Quantech Investment Advisory.

Along with this, a customer event will be held. Until the end of next month, 1,000 customers who subscribe to trust products through Hana One Q will be selected by lottery to receive Starbucks coffee gifticons worth 10,000 KRW each.

Lee Jae-cheol, Head of Hana Bank’s Trust Business Division, said, "With the launch of the non-face-to-face physical gold trust product, we have established the most diverse range of non-face-to-face trust products among commercial banks." He added, "We will continue to expand differentiated asset management services that can be easily and conveniently experienced remotely, broaden customers' investment choices, and maintain our position as a leading asset management firm."

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