Hana Bank opens branch in Poland amid European market expansion drive

Hana Bank has opened a branch in Wroclaw, Poland, in a move to expand its European business, which already encompasses the U.K., Germany, France, the Netherlands, Hungary and the Czech Republic, the lender said Wednesday. The new branch is expected to coordinate with Hana’s London and Frankfurt branches, strengthening financial services to Korean multinational firms and local businesses in central Europe. “Wroclaw is the largest industrial city in the country and a rising logistics and manufacturing hub,” Hana Bank CEO Lee Ho-seoung said during the new branch opening ceremony on Tuesday (local time). “The opening is a strategic milestone for us. We are committed to serving both Korean and local businesses with trade financing and corporate banking, as well as retail banking.” Poland has increasingly become one of Europe’s most attractive destinations for industrial investment. The country is close to Germany, the Czech Republic and Ukraine, serves as a gateway to Western Europe and is expected to be a future hub for reconstruction efforts in war-torn Eastern Europe. Many KoreanWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times