Hana Financial Group Launches $2.3 Billion Support Plan for Inclusive Finance

Hana Financial Group announced on May 28 that it will implement a roadmap for inclusive finance, which includes a financial support plan worth 3 trillion won ($2.3 billion) this year.

The group outlined three key initiatives for 2026: addressing financial polarization, supporting financial independence, and expanding inclusive infrastructure.

Hana Bank will launch a specialized product called the 'Hana OneQ Medium-Rate Loan' next month, targeting low- to mid-credit borrowers with a total of 2 trillion won ($1.5 billion). The loan will be available to individuals in the bottom 50% of credit scores, with a maximum limit of 10 million won ($7,500) and a fixed interest rate of 5.5% until the end of the year.

To assist small business owners facing management crises, the bank will introduce the 'Hana Deul SoHo Success Ladder Loan,' providing 1 trillion won ($750 million) in support. This initiative will offer unsecured loans to small business owners with a maximum limit of 10 million won ($7,500) at a minimum interest rate of 4.5%.

Additionally, to help those in debt, Hana Financial Group plans to implement a 200 billion won ($150 million) initiative next month to halt the expiration of delinquent debts and forgive loans.

A task force involving the Financial Research Institute and Hana Financial Convergence Technology Institute will also be established to enhance an alternative data-based credit evaluation system.