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2 clusters · 2 sources · 8 days · First seen · Last updated

South Korean securities firms issuing promissory notes

Overview

South Korean securities firms have begun launching various promissory note products to attract customers and expand capital procurement channels.

Hana Securities introduced a special sale of one-year fixed-term promissory notes offering a 5.7% pre-tax annual yield. This promotion, tied to the launch of the ‘Hana Securities V’ mobile trading system, is limited to specific customer segments and carries a total sales cap of 50 billion won.

Following this, Meritz Securities launched its first suite of promissory note products, including liquid, fixed-term, and special offline options. Meritz is offering a 5.00% annual interest rate for a 6-month fixed-term promotion to attract new clients. The firm intends to use the resulting funds to expand capital procurement and meet mandatory venture capital supply obligations.

Entities

Hana Securities · Hana Securities V · Cho Dae-heon · Meritz Securities · Financial Services Commission

Timeline

  1. [BUSINESS] 2 sources
    Meritz Securities launches first promissory notes

    Meritz Securities has introduced its first promissory note products, including a 5.00% special interest rate promotion to attract new clients and expand its capital procurement capabilities.

  2. [BUSINESS] 2 sources
    Hana Securities launches 5.7% yield promissory note special sale

    Hana Securities is offering a 5.7% pre-tax annual yield on promissory notes to celebrate its new ‘Hana Securities V’ MTS, with a 50 billion won total limit.

Sources

biz.heraldcorp.com · sateconomy.co.kr