Hana Bank Expands SME Financing in Busan and Ulsan Through Partnership with Korea Technology Finance Corporation

Special Contribution of 300 Million KRW
6 Billion KRW in Financial Support for Southeast Region SMEs

Hana Bank announced on August 18 that it has signed a business agreement with the Korea Technology Finance Corporation for 'Financial Support for Technology-Innovative SMEs in the Southeast Region.'

This agreement was established to expand productive financing aimed at strengthening the technological development capabilities and competitiveness of technology-innovative small and medium-sized enterprises (SMEs) in the Busan and Ulsan regions. Hana Bank will make a special contribution of 300 million KRW to provide guarantees and guarantee fees with preferential terms, including a 100% guarantee rate from the Korea Technology Finance Corporation. Through this initiative, the bank plans to offer financial support totaling 6 billion KRW to technology-innovative SMEs located in the Busan and Ulsan areas.

Lee Jaehun, Executive Vice President of Hana Bank Yeongnam Sales Group, stated, "Through this agreement, we will provide practical financial benefits to technology-innovative SMEs in the Southeast region that possess excellent technological capabilities but are experiencing funding difficulties." He added, "We will continue to strengthen the foundation for regional economic growth by supporting productive financing for unicorn companies and startups based on technological innovation."

On the 18th, Lee Jaehun, Executive Vice President of Hana Bank Yeongnam Sales Group (right in the photo), and Kim Daechul, Standing Director of the Korea Technology Finance Corporation (left in the photo), are holding the agreement and posing for a commemorative photo. Hana Bank

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