Demand Type Offers 2.4% Annual Rate, Fixed-Term 3.4-3.6%
Kickstarting Transition to Productive Finance
"Active Investment in Venture Capital"
On January 9, Hana Securities launched its first promissory note product, "Hana THE Issued Note." Less than a month after receiving approval from the financial authorities on December 17, the company quickly introduced its first product, signaling its commitment to transitioning toward "productive finance." Hwang Seongyeop, Chairman of the Korea Financial Investment Association, will become the first subscriber of this product.
According to Hana Securities, Hana THE Issued Note is available in two types: demand and fixed-term. For individual customers, the demand type offers a pre-tax annual interest rate of 2.4%. The minimum subscription amount is 1 million won. This product is a promissory note issued directly by Hana Securities with a maturity of less than one year, and both principal and interest are paid according to the agreed yield.
Additionally, a limited-time special fixed-term product is also being offered. This special product targets new customers and individual clients who have not transacted for more than six months, and offers an annual interest rate of 3.4% to 3.6%, depending on the contract period. The issuance limit is 120 billion won, and sales will end early if the limit is reached.
Ham Youngjoo, Chairman of Hana Financial Group (fourth from the left), along with executives from Hana Securities and the financial investment industry, are taking a commemorative photo at the launch event of the "Hana THE Promissory Note" product held on the 8th at THE Centerfield W. From the left: Lee Byungseon, CEO of Jeju Creative Economy Innovation Center; Kang Seongmuk, CEO of Hana Securities; Ryu Haeil, CEO of Sonnim; Ham Youngjoo, Chairman; Hwang Seongyeop, Chairman of the Korea Financial Investment Association; Lee Yonggwan, CEO of Bluepoint Partners; Yoo Seungwoon, CEO of Stonebridge Ventures. Hana Securities.
On the previous day, Hana Securities held a commemorative event at THE Centerfield W to celebrate the launch of its first promissory note product. Ham Youngjoo, Chairman of Hana Financial Group, who attended the event, stated, "Hana Financial Group is taking a company-wide approach to fulfill its role as an active participant in productive finance. The promissory note from Hana Securities goes beyond a simple financial product; it will help create a virtuous cycle in finance by expanding the supply of venture capital and serve as a foundation for the renewed growth of the Korean economy." Hwang Seongyeop, Chairman of the Korea Financial Investment Association, who also participated in the product subscription ceremony, is scheduled to become the first subscriber of the Hana Securities promissory note immediately after its launch on the 9th.
Hwang Sungyeop, Chairman of the Korea Financial Investment Association, is participating in the product subscription ceremony at the launch event of the "Hana THE Issued Note" product held on the 8th at THE Centerfield W. Chairman Hwang is scheduled to be the first subscriber of the product, which will be launched on the 9th. Hana Securities
Hana Securities plans to actively invest the funds raised through this promissory note in venture capital. For small and medium-sized enterprises in the growth stage, the company will provide capital primarily through equity investments. For mid-sized companies that have entered a stable phase, it will continue to supply funds tailored to their growth stage through various financial support methods, such as corporate bond underwriting and credit provision.
Kang Seongmuk, CEO of Hana Securities, said, "The promissory note business is a core foundation for Hana Securities to practically implement the group's venture capital supply strategy. Based on stable funding and our accumulated investment and review capabilities, we will continue to expand our role in productive finance, supporting corporate growth and strengthening industrial competitiveness."
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