Hana Bank announced on Jan. 17 (local time) that it has been honored with the “Best Trade Finance Provider in Korea 2024,” an award presented by the global financial and economic publication Global Finance.
With the latest award, Hana Bank has achieved a remarkable feat by winning the “Best Trade Finance Provider in Korea” accolade from Global Finance for the 23rd consecutive time. This recognition on the international stage is attributed to the bank’s market dominance in trade finance and its proactive efforts in discovering services aligned with the recent trends in the trade market.
At the awards ceremony held in Frankfurt, Germany, Global Finance highlighted that Hana Bank has entered into foreign exchange swap agreements with 1,197 banks in 105 countries globally. The publication also commended the bank for incorporating digital technologies, contributing significantly to the actual activation of trade finance. These factors were cited as the reasons for Hana Bank’s recognition in the prestigious award.
A representative from Hana Bank stated, “With this award, we have been globally recognized for our distinctive trade finance capabilities. In line with the rapidly changing trade environment, we will continue our efforts to provide various solutions for exporting and importing companies, launch new products related to trade finance, and enhance customer convenience through digital innovation.”
Meanwhile, Hana Bank, which possesses a global financial network in 25 regions worldwide, is contributing to the enhancement of the competitiveness of South Korean exporting and importing companies. The bank has implemented the “Export with Hana Loan,” a program worth 1 trillion won aimed at fostering collaboration with export and import companies. Additionally, it introduced the “HANA DIRECT Export Guarantee Loan” to enhance convenience through a non-face-to-face process. Hana Bank also organizes the “Export-Import Academy,” a training program for employees of export and import companies.