Hana Bank Selected as Trustee Bank for Housing and Urban Fund "Supporting Stable Housing for Low-Income Residents"

[Asia Economy Reporter Bu Aeri] Hana Bank announced on the 20th that it has been selected as the preferred negotiation partner for the Housing and Urban Fund trustee bank.

Hana Bank will negotiate with the Housing and Urban Guarantee Corporation (HUG), the dedicated fund management institution, and upon signing the consignment contract in March, will carry out related tasks for five years from April 1 to March 31, 2028.

Hana Bank will be able to sell not only the Housing Finance Corporation (HF) Bogeumjari Loan but also HUG's fund products such as the support-type Jeonse Loan and Didimdol Loan for home purchase, which are policy products for low-income households.

In line with this, the bank has enhanced convenience by implementing a non-face-to-face process for applying and handling Housing and Urban Fund products. Policy product applications and handling are available through the mobile app 'Hana One Q.'

Additionally, Hana Bank plans to reduce the workload of branch offices by introducing a head office specialized review system, where applications received through Hana One Q will be directly reviewed by specialized personnel of the fund loan review team at the head office to determine eligibility.

A Hana Bank Policy Finance Department official said, "We will continue efforts to improve housing welfare for low-income households through active cooperation with the Ministry of Land, Infrastructure and Transport and the Housing and Urban Guarantee Corporation."

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