Hana Bank, launches a guarantee loan for small and midsized semiconductor materials, parts, and equipment companies1,000billion-won guarantee loan

Hana Bank announced that it will launch a dedicated guarantee loan worth 7in 10to strengthen the competitiveness of the semiconductor materials, parts, and equipment industry.1,000It said the product is designed as a guarantee loan mainly to help small and midsized companies raise funds.

The targets are small and midsized companies in the semiconductor supply chain centered on Samsung Electronics and SK hynix. Hana Bank said the purpose is to support stable operation and maintain competitiveness in that ecosystem.

It said the product’s specific terms, guarantee ratio, loan limits, and other details will be provided through a disclosure or separate notice. Additional guidance on the implementation timing and selection process for eligible companies is also planned.

Hana Bank said that through this dedicated loan, it will help ease short-term liquidity problems for materials, parts and equipment companies and contribute to supply chain stability. The bank said it will apply internal review and guarantee procedures related to loan execution.

This announcement is introduced as an example of financial support aimed at the funding needs of small and medium-sized enterprises in the semiconductor supply chain. Hana Bank’s dedicated product may be used as a financing channel for related companies in the future.