Shinhan Bank Named "Outstanding IP Secured Loan Bank"... 37% Increase in Loan Volume in One Year
Shinhan Bank announced on the 17th that it was selected as the "Outstanding IP Secured Loan Bank" at the 1st Intellectual Property (IP) Finance Council awards ceremony hosted by the Intellectual Property Office.
Hyeyoung Yoon, Head of Sales Promotion Division 1 at Shinhan Bank (right), is taking a commemorative photo with Yongshin Yoo, Director of Intellectual Property Trading Division at the Intellectual Property Office, after receiving the "Excellent IP Secured Loan Bank Award" at the 1st IP Finance Council of 2026 held at EL Tower in Seocho-gu, Seoul on the 17th. Provided by Shinhan Bank
View original imageAn IP secured loan is a method of providing funds to small and venture businesses by using intellectual property rights such as patents and trademarks as collateral. It is regarded as a representative technology financing tool that enhances financial accessibility for innovative companies lacking tangible assets.
This award recognizes the fact that Shinhan Bank increased its IP secured loans by approximately 37% compared to the previous year. The bank explained that this was made possible by its efforts to expand productive finance, focusing on creating an environment where funds are allocated based on technological capability and growth potential. Additionally, Shinhan Bank established a support system that enables intellectual property rights to be utilized as financial assets by building a credit evaluation framework based on technology assessment.
Hot Picks Today
Samsung Electronics Introduces New "Special Performance Bonus" for Semiconductors, Paid Entirely in Company Shares
- "Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Shinhan Bank plans to continue promoting technology financing using intellectual property rights in the future. A Shinhan Bank official stated, "Intellectual property is a core competitive asset and an important financial resource for innovative companies," adding, "We will continue to expand IP secured loans and other intellectual property finance, thereby strengthening productive finance and contributing to the growth of innovative companies and the enhancement of industrial competitiveness."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.