"Providing Global Integrated Cash Management Services"... Hana Bank Partners with Germany's TIS

Aggressive Targeting of Overseas Companies and Foreign Investment Firms

Kim Yeon-jun, Digital Marketing Unit Leader of Hana Bank Corporate Business Division (right), is posing for a commemorative photo with J?rg Bimmer, Chief Strategy Officer (CSO) of TIS, at the TIS headquarters in Heidelberg, Germany, on the 30th of last month. (Provided by Hana Bank)

[Asia Economy Reporter Minwoo Lee] Hana Bank has partnered with TIS, a German cash management platform company. The plan is to provide optimal digital cash management services to overseas companies and foreign-invested enterprises.

Hana Bank signed this business agreement at the TIS headquarters in Heidelberg, Germany. The purpose is to offer more advanced global integrated cash management services to global companies that have entered the domestic market.

Accordingly, Hana Bank and TIS plan to strengthen technical support and cooperation to provide optimal digital cash management services to global companies and foreign-invested enterprises that have entered or plan to enter the domestic market.

TIS is a European financial management system (TMS) specialist company that provides cloud-based software and financial management solutions to global companies. Through integration with enterprise resource planning (ERP) and financial institutions, it automates financial transactions and data collection to offer efficient financial management solutions.

Sung Youngsoo, Vice President of Hana Bank's CIB Group, stated, "To quickly respond to the global financial environment and digital trends, Hana Bank will continue to enhance its overseas recognition and strengthen corporate finance competitiveness through partnerships and cooperation with overseas platform companies."

J?rg Bimmer, co-founder and Chief Strategy Officer (CSO) of TIS, said, "TIS, which leads in corporate data integration and payment fields, and Hana Bank will continue to collaborate to provide innovative and efficient cash management systems not only in the Korean market but also globally."