# Four South Korean banks sign agreement to provide financial support to SK hynix suppliers

KB Kookmin Bank, Shinhan Bank, Hana Bank and Woori Bank signed an agreement with SK hynix and the Korea Trade Insurance Corporation to provide a 2 trillion won trade-finance program for SK hynix suppliers.

- Type: Contract
- Announced: 2026-10-20
- Where: Yongin, Gyeonggi Province, South Korea
- Value: $1.50B (2000.0B KRW)
- Status: completed
- Products: semiconductor export supply chain financing
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SK Hynix](https://endata.com/companies/2769.md) (partner)
- [Korea Trade Insurance Corporation](https://endata.com/companies/72270.md) (partner)
- [KB Kookmin Bank](https://endata.com/companies/94681.md) (partner)
- [Shinhan Bank](https://endata.com/companies/94682.md) (partner)
- [Hana Bank](https://endata.com/companies/94683.md) (partner)
- [Woori Bank](https://endata.com/companies/94684.md) (partner)

## Sources

- [koreabizdaily.com](https://www.koreabizdaily.com/en-us/articles/860220), 2026-10-21: "The four banks—KB Kookmin Bank, Shinhan Bank, Hana Bank and Woori Bank—signed an agreement the previous day with SK hynix and the Korea Trade Insurance Corporation at SK hynix’s Yongin Semiconductor Cluster."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.