Hanwha Investment & Securities Launches "Stock Loan Transfer Era 3.98% Annual Rate Event"

Hanwha Investment & Securities announced on October 1 that it will hold the "Stock Loan Transfer Era 3.98% Annual Rate Event" until December 31.

Customers who currently hold domestic stock credit loans or collateralized loans at other companies can transfer their loans to Hanwha Investment & Securities through the "Stock Loan Switch" service during the event period, without selling their stocks or repaying their existing loans, at an interest rate of 3.98%. However, eligibility for the switch is subject to the results of the loan review.

Hanwha Investment & Securities will offer the event interest rate for 180 days starting from the completion date of the stock loan switch for the relevant stocks. After the 180-day maturity, a discounted interest rate, 3 percentage points lower than the standard rate, will be applied.

Hanwha Investment & Securities was the first in the financial investment industry to launch the stock loan switch service in May. By utilizing MyData, customers can check their loan eligibility in advance, and the service allows them to switch loans without liquidating their existing stock portfolios. For this reason, it has been designated as an innovative financial service by the Financial Services Commission.

Lee Daeil, Head of the Digital Business Division at Hanwha Investment & Securities, stated, "This event offers both interest rate and term benefits so that customers can transfer their loans without burden," adding, "We will continue to expand practical benefits for investors in the future."

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