Korea’s Hana Financial Group targets foreign customers

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The number of remittances also more than trebled to 2.2 million from 652,000 during the period on the course to top 3 million for the first time in 2024.“The direct remittance service has become more popular as it allows customers to transfer money through the app to the home countries of many foreign workers here such as Sri Lanka, Nepal, Thailand, Vietnam and Mongolia,” said a Hana Bank official.

Hana Bank, the group’s flagship unit, set up a task force, which consists of staff from 16 departments such as those for foreign exchange support and new digital businesses, to systemically manage foreign retail customers and launch new services for them, according to industry sources on Monday.

Hana Financial Group, South Korea’s third-largest financial holding company, targets foreign individual customers in the country with a dedicated team amid the declining population.

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Article Details

Category: Economy

Markets: South KoreaMongoliaNepalSri LankaThailandVietnam

Topics: Customers Hana South Services Country Foreign Foreigners Financial Bank Number Million

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 12:22:37 (5 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 470 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 22686331

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