Hana Bank Receives '2022 Korea Best Trade Finance Bank Award'

[Asia Economy Reporter Kiho Sung] Hana Bank announced on the 20th that it has been awarded the '2022 Korea Best Trade Finance Bank Award' selected by the financial and economic specialized media 'Global Finance.'

With this award, Hana Bank has won the 'Korea Best Trade Finance Bank Award' selected by 'Global Finance' a total of 21 times. This is the result of internationally and continuously recognized outstanding capabilities across various areas such as market dominance in the trade finance sector, product and service quality, and technological expertise.

The award ceremony was held on the ‘BAFT’ online forum platform due to the COVID-19 situation, and the winners were selected based on evaluations and survey results from financial experts and analysts worldwide.

A representative from 'Global Finance' stated, “Hana Bank has secured the largest global supply chain in Korea by signing foreign exchange contracts with 1,152 overseas banks in 106 countries worldwide. It was highly evaluated for contributing to the revitalization of trade finance by launching innovative digital trade finance products and services in response to the COVID-19 situation and supporting export companies facing difficulties.”

A representative from Hana Bank’s Foreign Exchange Business Division said, “As a result of launching various new products and services related to trade finance and promoting digital transformation projects amid rapidly changing market conditions, we achieved the best foreign exchange performance in history in 2021. We will continue to strive to enhance customer convenience through innovation in corporate foreign exchange processes in the future.”

This content was produced with the assistance of AI translation services.