Hana Bank |
Hana Financial Group (HFG) founded in 1971, is the fourth largest commercial banking group in South Korea after Shinhan Financial Group, Kookmin Bank, and Woori Financial Group. The bank provides a wide range of financial services for retail and corporate customers through more than 700 branches nationwide. To date, the Group’s strategies for global expansion have been focused on East Asia, China in particular. In 2007, the Hana Financial Group established a subsidiary in China, Hana Bank China. In 2009, Hana Bank China was licensed to perform transactions involving China’s currency, the Renminbi, as well as debit card transactions. In 2010, the Hana Financial Group acquired an 18% stake in the Bank of Jilin. In January 2011, the Group entered into a strategic alliance with the China Merchants Bank. HFG also has a presence in Indonesia, another area of strategic importance in its global expansion. The Group operates 17 branches through PT Bank Hana, a local subsidiary in Indonesia set up by HFG in 2007. As of December 2011, the company had KRW178,228,882 million (US$153.6 billion) in total assets and KRW14,081,180 million (US$12.1 billion) in total equity. Head office address: |
