Hana Financial Group announced that it has signed a strategic business agreement with CTBC Bank, one of Taiwan's largest banks, in order to expand its global business.
This agreement was signed during the 56th Asian Development Bank annual meeting held in Songdo, Incheon, and aims to create a global finance centered on Asia by combining the global networks and core sales capabilities of Korea's Hana Financial Group and Taiwan's CTBC Bank.
The agreement is expected to promote meaningful growth in the market and support the companies' joint efforts to increase global prime assets.
Under this business agreement, Hana Financial Group and CTBC Bank will continue to collaborate in various ways, including mutual support for overseas branches to expand their global business and optimize profits, joint exploration of new business opportunities in various fields, and sharing business know-how to increase global prime assets.
The ceremony for the signing of this agreement was held at the Hana Global Campus in Hana Dream Town located in Cheongna, Incheon, and was attended by key figures from both banks, including Hana Financial Group Vice Chairman Lee Eun-hyung and CTBC Bank Chairman Morris Li.
Through this agreement, Hana Financial Group and CTBC Bank are expected to make significant contributions to revitalizing financial cooperation between the two countries by seeking practical ways to collaborate.
"This business agreement was promoted based on the firm will of Hana Financial Group and CTBC Bank to expand globally," said Vice Chairman Lee Eun-hyung of Hana Financial Group. "Hana Financial Group will continue to do its best to become the best financial group in Asia in the global sector through financial cooperation with many countries."
Meanwhile, Hana Financial Group opened Hana Bank's Taipei branch at the end of April last year, becoming the first Korean bank to succeed in entering Taiwan, accelerating channel expansion in major Asian countries and strengthening the foundation for full-fledged global growth.
