Hana Bank "Saehui Hope Loan Interest Rate Reduced by up to 1%P"

Effective from new cases handled on March 2

Hana Bank will reduce the interest rates on its Saehee-mang Holssi Loan, a financial product for low-income individuals, by up to 1 percentage point.

Hana Bank announced on the 28th that it has decided to lower the interest rates starting from new loans issued on the 2nd of next month.

The Saehee-mang Holssi Loan is a financial support product for low-income individuals with low credit ratings who find it difficult to obtain loans from conventional banks or are using high-interest loans outside the formal financial system. Currently, Hana Bank offers the products 'Hana OneQ Saehee-mang Holssi II (6.429~7.429%, as of February 28)' and 'Hana Saehee-mang Holssi II (7.109~8.109%, as of February 28)'.

A Hana Bank official stated, "We expect about 40,000 applicants for the Saehee-mang Holssi Loan to benefit from this interest rate reduction," adding, "We will actively practice ‘finance that shares happiness’ by empathizing with the difficulties of financially vulnerable groups and coexisting with them."

[Image source=Yonhap News]

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