Hana Bank Wins 'Best Foreign Exchange Bank Award' from Global Finance for 20 Consecutive Years

A Remarkable Achievement with 19th Best Trade Finance Bank Award and 4th Best Bank Award
Recognized for Contributing to Trade Activation of Export Companies through 'With Loan Export Finance' Amid COVID-19
Enhanced Overseas Remittance Convenience with Digital-Based Non-Face-to-Face Overseas Remittance App 'Hana EZ'

[Asia Economy Reporter Jo Gang-wook] Hana Bank announced on the 1st that it was selected as the 'Best Foreign Exchange Bank in South Korea' by the global financial and economic media outlet Global Finance. With this selection, Hana Bank has won the Best Foreign Exchange Bank award in South Korea for 20 consecutive years since 2001.

Global Finance stated, "Hana Bank has foreign exchange transactions with overseas banks in 135 countries worldwide and maintains an unchallenged leadership position in South Korea in the fields of foreign exchange and trade finance," adding, "Its market dominance is also strengthening due to the continuous growth in foreign exchange transaction volume. Above all, the 'With Loan Export Finance' program, which supports export companies struggling due to the novel coronavirus disease (COVID-19), has been highly evaluated for its practical contribution to revitalizing trade finance."

Founded in New York in 1987, Global Finance is a globally authoritative financial and economic media outlet subscribed to by more than 50,000 CEOs and financial experts across 190 countries. It annually selects and announces the best banks in various categories through detailed surveys on growth potential, innovation, profitability, and other factors of financial institutions worldwide.

A representative from Hana Bank’s Foreign Exchange Products Department FI Biz Cell said, "We will continue to lead the market with our capabilities and know-how as South Korea’s top foreign exchange specialized bank. We will also spearhead the rapidly changing foreign exchange market with 'With Loan Export Finance' supporting export companies and 'Hana EZ,' a digital-based non-face-to-face overseas remittance app that enhances overseas remittance convenience."

Meanwhile, Hana Bank has been recognized by Global Finance for its outstanding capabilities across various sectors such as market dominance in trade finance, product and service quality, and technological prowess. It has won the 'Best Trade Finance Bank in South Korea' award 19 times in total and the 'Best Bank in South Korea' award 4 times based on its unparalleled expertise in foreign exchange and trade finance.