Hana Securities Achieves 300 Billion Won Early Target for First Promissory Note in Just One Week

Hana Securities' first promissory note product, "Hana THE Promissory Note," achieved its target early by selling 300 billion won within just one week of its launch.

On January 16, Hana Securities announced that both the on-demand and fixed-term versions of "Hana THE Promissory Note" were completely sold out. Previously, after receiving approval for its promissory note business in December of last year, Hana Securities introduced its first product on January 9, less than a month later.

"Hana THE Promissory Note" is a promissory note with a maturity of up to one year, issued directly by Hana Securities, and pays principal and interest according to the agreed yield. For the on-demand type, an annual pre-tax interest rate of 2.4% applies to individual customers. For the special fixed-term product targeting new customers and individuals who have not traded for more than six months, an annual interest rate of 3.4% to 3.6% is applied depending on the agreed period.

Hana Securities plans to actively invest the funds raised through this promissory note into venture capital, thereby expanding productive finance. The company intends to support growing small and medium-sized enterprises primarily through equity investments, while providing financial support to established mid-sized companies through various methods such as corporate bond underwriting and credit facilities, aiming for joint growth with these businesses. Looking ahead, Hana Securities plans to expand the annual issuance of promissory notes to over 2 trillion won.

Kim Dongsik, Head of the Comprehensive Finance Division at Hana Securities, stated, "Through our promissory note products, we will provide competitive returns and a fixed interest rate structure compared to market rates, while also actively expanding productive finance by supplying venture capital to growing companies. We will continue our efforts to discover promising companies nationwide and create a wave of growth together with venture capital and productive finance investment destinations."