South Korea's Financial Supervisory Service fined Hana Bank 370 million won for breaching credit extension rules involving major shareholders' related parties, citing failures in reporting and disclosure, as well as additional violations of electronic banking and reporting regulations.
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FSS Fines Hana Bank 370 Million Won for Violations in Credit Extension Procedures
South Korea's Financial Supervisory Service fined Hana Bank 370 million won for breaching credit extension rules involving major shareholders' related parties, citing failures in reporting and disclosure, as well as additional violations of electronic banking and reporting regulations.