KEB Hana Bank opens Gurugram Branch near New Delhi, the Indian capital
KEB Hana Bank opens Gurugram Branch near New Delhi, the Indian capital
  • Kim Min-jee
  • 승인 2019.11.25 12:13
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Kwon Ho-sang, regional representative of KEB Hana Bank's European and Middle East operations division (third from left of photo), is taking photos with officials after signing an MOU for strategic business partnerships with ICICI Bank, India's second-largest lender, at the opening ceremony. (Courtesy of KEB Hana Bank)

KEB Hana Bank announced on Nov. 24 that it opened a Gurugram branch in the northern Indian city of Hariana on Nov. 22 (local time) to expand its global financial business sector and revitalize operations in the capital region of India, a major target of the New Southern Policy.

The Gurugram branch is the second branch KEB Hana Bank has opened in India since the Chennai branch in 2015.

The Gurugram City is a satellite city adjacent to the capital city of Delhi, which is also adjacent to Noida City, where production plants of Samsung Electronics and LG Electronics are located.

The Gurugram branch will be in charge of operations in northern India, including the capital area of India, while the Chennai branch will be in charge of operations in southern India, where Hyundai Motor's Indian subsidiary and its partners are concentrated, to maximize its business efficiency.

The branch was opened with the aim of providing substantial financial support to promising companies in India as well as some 120 Korean companies that have made inroads into the Indian capital region.

"We are very rewarding and pleased to open our second branch in India following the successful settlement of the Chennai branch," Kwon Ho-sang, regional representative of KEB Hana Bank's European and Middle East operations, said at the opening ceremony.

"We will also make full-fledged inroads into India's financial hub Mumbai and IT stronghold Bengaluru early next year," he added.


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