Hanwha Investment & Securities Offers 3.9% Interest Rate on Stock Loan Transfers
Hanwha Investment & Securities is offering a promotional interest rate of 3.9% per annum for 90 days on stock loan transfers,aiming to benefit customers with existing stock credit loans or collateral loans from other financial institutions. The offer applies to stocks transferred to Hanwha Investment & Securities via their stock loan transfer service within the event period.
This “Stock Loan Transfer” service, first introduced by Hanwha Investment & Securities last year, allows customers to move existing high-interest loans to Hanwha without needing to sell or repay their stocks. Loan eligibility is subject to screening. https://www.hanwha.com/en/invest-securities/index.do
The service has been recognized by the Financial Services Commission as an innovative financial service. This designation stems from its use of MyData to allow customers to pre-check loan eligibility and its ability to facilitate loan changes without disrupting existing stock portfolios.
“We have prepared this event so that customers can manage their assets under reasonable conditions,” stated Hong Won-il, head of the e-biz division at Hanwha Investment & Securities. “We plan to continue to provide benefits that will help customers throughout their financial lives in the future.”
This announcement originally appeared in The Value News.https://www.thevaluenews.co.kr/