Hana Bank Awarded 'Best Bank in South Korea'

Selected by Global Finance Magazine

Hana Bank announced on the 12th that it has been awarded the ‘2024 Best Bank in Korea’ by Global Finance, a global financial and economic magazine based in the United States.

Following its selection as the ‘Best Foreign Exchange Bank in Korea’ for 23 consecutive years and the ‘Best Trade Finance Bank in Korea’ a total of 23 times, Hana Bank has now been named the ‘Best Bank in Korea’ for the 8th time overall.

Global Finance stated, “Hana Bank maintains an unchallenged leading position in Korea’s foreign exchange and trade finance sectors through the largest number of foreign exchange transaction agreements domestically, with 1,193 banks across 105 countries worldwide.” They added, “Above all, the bank received high praise for its innovative digital product launches and thoroughly user-centered services based on its outstanding global capabilities.”

Hana Bank holds the largest overseas network among domestic commercial banks, with 202 overseas branches in 26 regions. Leveraging this, the bank not only proactively manages risks related to global financial conditions but also leads the global expansion of Korean financial business, exemplified by the opening of its Budapest office in Hungary last month to expand its network in the Central European market.

A representative from Hana Bank’s Global FI Division said, “Building on this award, we will further strengthen our capabilities as Korea’s best bank and grow into a bank loved by customers worldwide through proactive change and innovation.”

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