The Asian Banker

One Click Mortgage solution enables greater cost-efficiency for Hana Bank
Hana Bank’s One Click Mortgage is the only online mortgage product to date, in the South Korean market, that offers full online functionality – from e-application to e-closing.

Mar 19, 2013 | Research

Hana Bank, the third largest bank in South Korea with $45 billion in assets in its retail financial services portfolio, introduced One Click Mortgage at the beginning of 2011, the South Korean banking industry’s first fully straight-through processed online mortgage product. The bank aims to come up with more products online by leveraging on South Korea’s online real-estate registration system, which was introduced in 2007 under the e-government programme. Sales for Hana Bank’s One Click Mortgage exceeded $2.4 billion ten months after its introduction and currently make up 15.5% of overall mortgage…

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Categories: Channels, Consumer Finance, Customer Centricity, Internet Banking, Mortgage, Retail Banking, Technology & Operations
Keywords: Hana Bank, One Click Mortgage, Chang Kyung-Hoon
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