Hana Financial Group Signs 'Global Business Expansion MOU' with SGI Seoul Guarantee

Eunhyung Lee, Vice Chairman of Hana Financial Group (right in the photo), and Kwangyeol Yoo, CEO of Seoul Guarantee Insurance, are taking a commemorative photo after signing a "Business Agreement for Global Business Expansion" on the 16th at the Hana Bank headquarters in Euljiro, Jung-gu, Seoul.

[Asia Economy Reporter Kiho Sung] Hana Financial Group announced on the 17th that it has signed a 'Business Agreement for Global Business Expansion' with SGI Seoul Guarantee Insurance.

Through the agreement held at the Hana Bank headquarters the previous day, both companies agreed to discover joint business opportunities by mutually establishing and utilizing overseas networks, realize customer value, and promote the growth of each company.

In addition, they plan to expand support for small and medium-sized enterprises and low-income financial services, pioneer new overseas markets, and expand financial support for companies entering overseas markets. They will promote comprehensive business cooperation in various fields such as corporate guarantee support and joint sales of financial products.

Lee Eun-hyung, Global Vice Chairman of Hana Financial Group, stated, “We will leverage Hana Financial Group’s global network and the partnership with Seoul Guarantee Insurance, which serves as the chairman company of the Asian Guarantee and Credit Insurance Association (AGGIA), to jointly pioneer new southern markets such as Indonesia and Vietnam. We will also do our best to provide financial support to small and medium-sized enterprises entering overseas markets that are facing difficulties due to COVID-19.”

Meanwhile, Hana Financial Group currently has 213 global networks in 24 countries, and especially holds channels in 9 countries in Asia and Oceania, providing various financial services to small and medium-sized enterprises that have entered the new southern region.

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