[한투증권 실적과 질문들]③ 발행어음 '압도' IB는 10%대 '정체'

Hankook Investment Securities has dominated the commercial paper market with over 20 trillion won in outstanding balances, yet its Investment Banking division—critical to the regulatory mandate for venture capital and corporate lending—contributes only 10.6% of operating revenue. The rapid expansion of trading assets to 57.2% of fund allocation signals that policy-intended capital tools are being repurposed for short-term profit maximization rather than long-term economic development, highlighting a significant gap between regulatory intent and actual capital deployment.