Hana Bank looks to loan market for dollar funding

29 Oct 2008

Hana Bank, the Korean commercial lender, is looking to raise dollar funding through a syndicated loan that will test confidence in the Korean banking system following last week’s $130bn government bail-out plan.

Hana Bank has not sent out an official RFP but is speaking to banks informally about a $300m one year loan.

It comes little more than a week after the Korean government pledged to guarantee bank debt for three years in an effort to restore confidence in the ...

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