Financial Accident Worth 4.8 Billion KRW Occurs at Hana Bank... Criminal Charges Planned

Employee Issues Excessive Loans Based on Falsified Documents

A financial accident involving approximately 4.8 billion KRW in improper loans has occurred at Hana Bank.

According to the financial industry on the 21st, Hana Bank disclosed on the 18th that a financial accident amounting to 4,790,900,000 KRW had taken place, citing improper loans (breach of duty), external financial fraud, bribery, and private money lending as the causes.

According to Hana Bank, employee A was found to have issued excessive loans based on falsified documents over a period of about eight years, from June 8, 2016 to September 3, 2024. It was also confirmed that A received money and valuables from parties related to the loans and privately lent money as well.

Hana Bank identified the incident through an internal investigation and placed the individuals involved on standby. It is also reported that the bank plans to pursue criminal charges in the future.

A Hana Bank representative stated, "We will make every effort to prevent recurrence by improving the overall system for reviewing and screening loan documents and strengthening inspections."

Including this case, Hana Bank has reported six financial accidents this year.

In April of this year, it was also revealed that an employee granted improper loans totaling approximately 7.4 billion KRW after receiving money and valuables from a client, and four cases of external fraud have also been disclosed.