Hana Financial Group expands digital loan services and non-banking profits

Hana Financial Group is strengthening its financial services and diversifying its profit structure. Hana Bank has partnered with the Korea Credit Guarantee Foundation to launch a first-of-its-kind one-stop non-face-to-face service for guaranteed loans. Through the ‘Bodeung Dream’ app, small business owners and individual entrepreneurs can apply for guarantees, submit documents, and execute loans without visiting a physical branch.

Simultaneously, Hana Securities has emerged as a major non-banking profit driver for the group. In the first half of the year, Hana Securities reported a net profit of 273.1 billion won, surpassing its total annual profit from the previous year. This performance exceeds the combined net profits of Hana Card and Hana Capital. The growth was primarily driven by a 158.2% increase in commission income, fueled by asset management and sales and trading sectors, even as interest income saw a slight decline.