Hana Financial Launches 100 Trillion Won 'Hana All Growth Project'... Expanding Productive and Inclusive Finance

Launch of "Economic Growth Strategy Task Force" with Participation from All Hana Financial Group Affiliates
Supplying 84 Trillion Won in Productive Finance and 16 Trillion Won in Inclusive Finance Over Five Years Until 2030
Chairman Ham Youngjoo

Hana Financial Group announced on October 16 that it has launched the "Economic Growth Strategy Task Force" to support national future growth and stabilize livelihoods. The group also unveiled the "Hana Growth for All Project," committing 100 trillion won over the next five years until 2030 to drive a major shift toward productive finance and expand inclusive finance.

Hana Financial Group will actively pursue the "Hana Growth for All Project" to strengthen the essential role and social responsibility of finance by providing 84 trillion won in productive finance and 16 trillion won in inclusive finance.

First, Hana Financial Group will supply 84 trillion won in productive finance to ease the concentration of funds in real estate and redirect investments toward productive sectors, such as fostering national strategic industries, supporting venture, small and medium-sized, and mid-sized companies, and promoting regional development.

Of the 150 trillion won National Growth Fund, the group will proactively support 10 trillion won, which accounts for about 13% of the 75 trillion won in private, public, and financial sector funds. The plan includes direct and indirect investments and private fund contributions by key affiliates such as Hana Bank, Hana Securities, and Hana Capital, as well as providing complex investment and financing resources for infrastructure, scaling up, and acquisition financing.

The group will also separately establish 10 trillion won in internal investment funds tailored to each stage of corporate growth, including 2 trillion won in venture capital, 6 trillion won in private fund formation, 1.7 trillion won in advanced industry investment, and 300 billion won in regional balanced development investment.

Hana Bank will take the lead in creating funds to support advanced industry growth, such as the K-Defense Fund and the SME R&D Fund, as well as investment funds for balanced regional development. Hana Securities will focus on supplying venture capital for capital market innovation, while Hana Ventures and Hana Alternative Asset Management, which are affiliated with the venture capital and asset management sectors, will support the formation of 6 trillion won in private funds to vitalize the venture ecosystem.

Notably, Hana Ventures, the only domestic operator with experience managing private parent funds, will accelerate the creation of a co-growth-based venture ecosystem by forming additional private parent funds, thereby contributing to the establishment of 4 trillion won in sub-funds.

In addition, the group will introduce new special products such as "Core Growth Industry Loans" and "Industrial Complex Growth Dream Loans" to foster national strategic industries like AI and bio, and will expand contributions to credit guarantee funds to provide a total of 50 trillion won in loans to support promising growth companies with advanced technology.

Furthermore, the group plans to strengthen comprehensive financial services, including 14 trillion won in financial support to reinforce supply chains for export-import SMEs struggling with rapidly changing global market conditions, as well as foreign exchange risk management and foreign exchange consulting.

At the same time, the group will implement 16 trillion won in inclusive finance. Hana Financial Group has prepared an inclusive finance support plan totaling 16 trillion won to help reduce the debt burden and restore credit for financially vulnerable groups, such as small business owners and the self-employed, who are struggling with high inflation and sluggish domestic demand.

For small business owners and the self-employed, the group will provide 12 trillion won in financial support over five years to help stabilize operations and reduce financial costs. Every year, it will offer about 1.25 trillion won in guaranteed loans based on contributions to regional credit guarantee foundations for local small business owners and self-employed individuals with low credit or insufficient collateral, and will also implement special loans totaling 1.1 trillion won to support liquidity.

Additionally, the group will operate a customized debt adjustment program for small business owners, providing about 10 billion won annually. This program will quickly support debt adjustment, such as long-term installment repayment and interest rate reduction, for borrowers who are expected to face repayment difficulties, even if they are currently performing normally.

For financially vulnerable groups such as young people and low-income individuals, the group will provide about 4 trillion won in inclusive finance over five years. Hana Bank, Hana Card, Hana Capital, and Hana Savings Bank will support debt adjustment through their own debt relief programs for vulnerable groups, and will establish processes to make it easy and convenient to apply for debt adjustment via digital channels.

In addition, the group will operate various programs to help financially vulnerable customers achieve economic recovery, including automatic principal repayment for diligent but vulnerable borrowers, support for issuing credit cards to self-employed individuals with mid- to low credit who have difficulty obtaining cards, and installment financing for used commercial vehicles needed for livelihood.

Furthermore, the group will introduce exclusive financial products for young people and families with multiple children. These will include the "Youth Sae Hope Hall Loan," which offers preferential interest rates for young customers, and savings products that provide educational support benefits for families with multiple children, thereby launching new inclusive finance products that various members of society can tangibly benefit from.

Chairman Ham Youngjoo stated, "The 'Growth for All Project' is more than just a number; it is a sincere promise from Hana Financial Group. We will completely transform our approach so that funds flow into productive sectors, and as a reliable partner to all stakeholders, we will practice genuine inclusive finance."