Hana Bank Project Summary Of Project Information (SPI)       Project Name    Republic of Korea -Loan Facility to Hana Bank              Region    Asia        Sector       Project No008903   Projected Board DateMay 30, 1998   Company NameHana Bank   Technical Partner and/or Major Shareholders    	Hana Bank is a public company, listed on the Korea Stock Exchange(KSE), with 5,396 shareholders as of December 31, 1997.  8 leading shareholders as of December 31, 1997 are as follows:                                                                                   Name                                                                    Kyobo Life Insurance  (7.73%)   Dongwon Securities  (7.15%)     Korea Long Term Credit Bank  (6.32%)    Dongbu Insurance  (5.72%)   Shindoricho Corp.  (5.28%)                                              Hyosung Group  (4.99%)   Samsung Life Insurance  (3.61%)                                         Nomura Securities Co.  (3.01%)                                                                                                                                                              Proposed IFC Investment    	IFC A loan and IFC B loan as well as subordinated convertible bonds and equity to be subscribed by IFC.	    Location of Project and Description of Site    	Corporate Head Office is in Seoul, South Korea    Description of Company and Purpose of Project    	Description: Hana Bank is a nation-wide commercial bank.  It has a network of 111 branches with local banking assets of 14.2 trillion won (approximately US$10 billion) and equity of 694 billion (approximately 490 million).  Its activities include retail banking, corporate banking, trust business management, and credit card business.   	                                                              	IFCs Role: IFC will support Hana Bank with long term funding and equity to withstand the impact of the current economic crisis in Korea.  IFC will also assist Hana Bank to improve its accounting, provisioning, and disclosure policies/practices.                                                              	Development Impact:  The proposed project would be part of a larger effort by the multilateral financial institutions to assist a member country affected by the contagion in Asian market.  IFCs direct involvement in the process would help to restore confidence in the Korean banking system and improve the credibility of Korean commercial banks.     Environmental Category and Issues    		  This is a category C project according to IFCs environmental review procedure.  Hana Bank must attend IFCs workshops on environmental management; for relevant operations, implement an environmental management system (policy, procedure, and designated staff to conduct reviews) to ensure that such operations comply with host country environmental requirements; and submit an annual environmental performance report briefly describing environmental aspects of relevant operations.         Date SPI sent to InfoShop     April 30, 1998      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384    L:\SPI\SP008903.DOC   April 30, 1998 2:36 PM