Hana Bank to Return 1% Loan Interest to Retail and Wholesale Traders

Credit Score 779 or Below, Up to 1 Million KRW
Full Implementation in May

Hana Bank announced on the 8th that it will implement the ‘Retail and Wholesale Business Interest Cashback Program,’ which returns 1% of the loan interest to customers engaged in retail and wholesale businesses.

The program targets retail and wholesale business owners with a NICE credit score of 779 or below who are making regular monthly loan interest payments. These customers will receive an amount equivalent to 1% (up to 1 million KRW) of their corporate loan balance (up to 100 million KRW) deposited monthly into their personal account with deposit and withdrawal capabilities over the course of one year.

The program will be applied uniformly to retail and wholesale business owners nationwide who hold corporate loans without any separate application process. After system testing, it is planned to be fully implemented within this month.

A Hana Bank official stated, “This program was prepared as part of the ‘CEO Hope Dream Program,’ which began in March to share the burdens of retail and wholesale business owners struggling due to the ongoing economic downturn and high inflation, and to practice win-win finance. We hope it will provide practical support for the business recovery of retail and wholesale business owners.”

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