The Korea SOHO Bank consortium announced on the 24th that Hana Bank has submitted a letter of intent for consortium investment.
Earlier, three banks including Woori Bank, NH Nonghyup Bank, and BNK Busan Bank, along with non-bank financial institutions such as OK Savings Bank, Eugene Securities, and Woori Card confirmed their participation in the SOHO Bank consortium. Additionally, Megazone Cloud and ITCEN are also part of the consortium.
The consortium plans to enhance the competitiveness of financial and non-financial services for small businesses nationwide through collaboration with Hana Bank and focus on improving the digital financial accessibility of relatively vulnerable small businesses. Furthermore, Hana Bank is expected to pursue specialized financial support for local small businesses alongside the SOHO Bank consortium.