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{{Infobox company
{{Infobox company
| name = Hana Financial Group, Inc.<br />하나금융그룹
| name = Hana Financial Group Inc.
| logo = Hana Financial Group Company Logo.jpg
| logo = File:Hana Financial Group Logo (eng).svg
| logo_size = 110px
| logo_size =
| logo_alt =
| type = [[public company|Public]] (traded on the [[Korea Stock Exchange]])
| logo_caption =
| image = File:KEB하나은행 을지로 신축본점.png
| image_size =
| image_alt =
| image_caption =
| trade_name =
| native_name = 주식회사 하나금융지주
| native_name_lang = ko
| romanized_name =
| former_name =
| type = [[public company|Public]]
| traded_as = {{kse|086790}}
| traded_as = {{kse|086790}}
| ISIN =
| foundation = {{start date and age|1971}}
| ISIN2 =
| location = [[Seoul]], [[South Korea]]
| ISIN3 =
| key_people = Kim Jung-Tai, [[Chairman & CEO]]
| industry = [[Financial services]]
| num_employees = 20,859 (Dec. 2018)
| genre =
| products = [[Financial services]]
| predecessor = <!-- or: | predecessors = -->
| homepage = {{URL|http://www.hanafn.com/}}
| founded = {{start date and age|2005}}
| founder = <!-- or: | founders = -->
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
| fate =
| successor = <!-- or: | successors = -->
| hq_location =
| hq_location_city = [[Seoul]]
| hq_location_country = [[South Korea]]
| num_locations =
| num_locations_year = <!-- Year of num_locations data (if known) -->
| area_served = <!-- or: | areas_served = -->
| key_people = Kim Jung-tai, [[CEO]]
| products =
| production =
| production_year = <!-- Year of production data (if known) -->
| brands =
| services =
| revenue =
| revenue_year = <!-- Year of revenue data (if known) -->
| operating_income =
| income_year = <!-- Year of operating_income data (if known) -->
| net_income = <!-- or: | profit = -->
| net_income_year = <!-- or: | profit_year = --><!-- Year of net_income/profit data (if known) -->
| aum = <!-- Only for financial-service companies -->
| assets =
| assets_year = <!-- Year of assets data (if known) -->
| equity =
| equity_year = <!-- Year of equity data (if known) -->
| owner = <!-- or: | owners = -->
| members =
| members_year = <!-- Year of members data (if known) -->
| num_employees =
| num_employees_year = <!-- Year of num_employees data (if known) -->
| parent =
| divisions =
| subsid = [[Hana Bank]]
| module = <!-- Used to embed other templates -->
| ratio = <!-- Basel III ratio; used for banks only -->
| rating = <!-- Credit rating; used for banks only -->
| website = {{URL|https://www.hanafn.com:8002/eng/main.do|www.hanfn.com}}
| footnotes =
}}
}}


'''Hana Financial Group Inc.''' ({{Korean |hangul=주식회사 하나금융지주 |rr=Jusik Hoesa Hana Geumyung Jiju}}) is a financial holding company headquartered in [[Seoul]], [[South Korea]].
'''Hana Financial Group''' is the third largest financial group in South Korea by market capitalization.{{Citation needed|date=April 2020}}


== History ==
== History ==
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== Subsidiaries ==
== Subsidiaries ==
*[[Hana Bank]]

*Hana Bank
*Hana F&I
*Hana Futures
*Hana Investor Services
*Hana Financial Investment (formerly Hana Daetoo Securities)
*Hana Financial Investment (formerly Hana Daetoo Securities)
*Hana Card (also known as KEB Hana Card)
*KEB Hana Card
*Hana Life Insurance (formerly Hana HSBC Insurance)
*Hana Capital
*Hana Capital
*Hana Life (formerly Hana HSBC Insurance)
*Hana Insurance
*Hana Savings Bank
*Hana Asset Trust
*Hana Asset Trust
*Hana Asset Management
*Hana Alternative Asset Management
*Hana F&I
*Hana Ventures
*Hana Investor Services
*Hana TI
*Hana TI
*Hana Institute of Finance
*Hana Financial Find
*Hana Savings Bank
*Overseas Units: Hana Bank (China), PT Bank Hana (Indonesia), Hana Asia Limited (Hong Kong)
*Overseas Units: Hana Bank (China), PT Bank Hana (Indonesia), Hana Asia Limited (Hong Kong)
*BNB Hana Bank (Hana acquired BNB Bank in 2013): New Jersey and New York, USA
*BNB Hana Bank (Hana acquired BNB Bank in 2013): New Jersey and New York, USA
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{{Portal|Banks}}
{{Portal|Banks}}
*[[List of Banks in South Korea]]
*[[List of Banks in South Korea]]
*[[Daejeon Hana Citizen FC]]
*[[Bucheon Hana 1Q]]


==References==
==References==

Revision as of 06:24, 6 November 2021

Hana Financial Group Inc.
Native name
주식회사 하나금융지주
Company typePublic
KRX: 086790
IndustryFinancial services
Founded2005; 19 years ago (2005)
Headquarters,
Key people
Kim Jung-tai, CEO
SubsidiariesHana Bank
Websitewww.hanfn.com

Hana Financial Group Inc. (Korean주식회사 하나금융지주; RRJusik Hoesa Hana Geumyung Jiju) is a financial holding company headquartered in Seoul, South Korea.

History

Hana Financial Group was established in 1971 as Korea Investment & Finance, Korea's first financial company established solely by private funds. In 1991, Korea Investment & Finance was converted into a commercial bank and renamed Hana Bank.[1]

In 1998, in the wake of the Asian financial crisis, Hana Bank merged with Chungchong Bank and Boram Bank. In 2002, Hana Bank acquired Seoul Bank.

In 2005, Hana Financial Group acquired Daehan Investment and Securities, then Korea's second-largest asset management company.

In 2012, Hana Financial Group acquired a 51.02 percent stake in Korea Exchange Bank (KEB) from Lone Star Funds for KRW 2.02 trillion.[2] Due to opposition from the KEB labor union, the merger between KEB and Hana Bank was delayed until 2015, and the two banks operated independently under the Hana Financial Group umbrella.[3] An arbitration suit for additional compensation filed by Lone Star was dismissed in May 2019.[2]

Subsidiaries

  • Hana Bank
  • Hana Financial Investment (formerly Hana Daetoo Securities)
  • KEB Hana Card
  • Hana Capital
  • Hana Life (formerly Hana HSBC Insurance)
  • Hana Insurance
  • Hana Savings Bank
  • Hana Asset Trust
  • Hana Alternative Asset Management
  • Hana F&I
  • Hana Ventures
  • Hana Investor Services
  • Hana TI
  • Hana Financial Find
  • Overseas Units: Hana Bank (China), PT Bank Hana (Indonesia), Hana Asia Limited (Hong Kong)
  • BNB Hana Bank (Hana acquired BNB Bank in 2013): New Jersey and New York, USA

Hana Financial, Inc. (Los Angeles, CA, USA) is not a member of Hana Financial Group. Founded in 1994, Hana Financial, Inc. is a non-bank financial institution, which offers factoring, asset based lending, and SBA lending. Hana Financial, Inc. has about $2 billion in annual factoring and loan originations.

Overseas operations

Subsidiaries of Hana Financial Group are active in 24 countries, spanning Asia, the Americas, Europe and the Middle East.[4] In particular, Hana Financial Group has substantial equity investments in banks in China, Indonesia and Vietnam.

In 2007 Hana Financial Group established a subsidiary in China, Hana Bank China. In 2009 Hana Bank China was licensed to perform transactions involving Renminbi and debit card transactions. A year later, Hana Financial Group acquired an 18.44% stake in the Bank of Jilin Co. Ltd.[5] In January, 2011 the group entered into a strategic alliance with the China Merchants Bank.

Bank Bintang Manunggal was acquired by Hana Financial Group in 2007, and renamed PT. Bank Hana in 2008. The Indonesian subsidiary of Hana Financial Group acquired Bank KEB Indonesia as part of the group's global acquisition in 2014, and recently established LINE BANK by Hana Bank, a joint venture with LINE Financial Asia in 2021.[6][7]

In 2019, Hana Financial Group's subsidiary KEB Hana Bank acquired a 15% stake in Vietnam's BIDV.[8]

See also

References

  1. ^ Nard, Craig Allen; Madison, Michael J.; McKenna, Mark P. (2017). The Law of Intellectual Property: Aspen Casebook Series. Wolters Kluwer Law & Business. ISBN 9781454886655.
  2. ^ a b Sohn, Ji-young (May 15, 2019). "Hana Financial wins suit against Lone Star on KEB deal". The Korea Herald. Retrieved Nov 23, 2019.
  3. ^ Chung, Joo-won (Jul 13, 2015). "Hana, KEB union agree on merger". The Korea Herald. Retrieved Nov 23, 2019.
  4. ^ Annual Report 2018. Hana Financial Group. p. 11.
  5. ^ "S Korea's Hana Bank to invest in China's Bank of Jilin". www.chinadaily.com.cn.
  6. ^ "PT. Bank KEB Hana Indonesia". www.hanabank.co.id. Retrieved 2021-06-15.
  7. ^ "Digandeng Bank KEB Hana, Line Bank Masuk RI Menyasar Pasar Milenial - Keuangan Katadata.co.id". katadata.co.id (in Indonesian). 2021-06-11. Retrieved 2021-06-15.
  8. ^ "S.Korea's Hana Bank completes $875 mln acquisition of 15% stake in Vietnam's BIDV". Reuters. Nov 11, 2019. Retrieved Nov 24, 2019.