Hana Bank said on the 2nd it will offer emergency financial support totaling 12 trillion won for corporations hit by the fallout from the U.S.-Iran clashes.
Eligible for support are corporations operating in the Middle East that have had, or plan to have, export-import transaction records in the Middle East since Jan. 2025, as well as partner suppliers linked to those corporations. The bank will provide up to 500 million won in emergency management stabilization funds to those corporations.
It will also offer measures including extending loan maturities by up to one year, granting up to a six-month grace period for loan partitioning repayments, and cutting the lending rate by up to 1.0 percentage point (P).
Hana Bank plans to establish a rapid-response team for the Iran situation to strengthen monitoring of conflict zones and provide swift support.
Hana Financial Group also plans to promote the provision of daily necessities and relief packages for Korean residents in the Middle East, including Iran, through consultations with government agencies.
Ham Young-joo, chairman of Hana Financial Group, said, "We will focus all of the group's capabilities so that Koreans abroad and corporations facing difficulties due to unexpected geopolitical instability can regain stability as soon as possible."