Yi Whan-woo is a Korea Times journalist primarily covering finance. He writes in-depth articles on macroeconomy and financial markets and previously covered sports, politics, diplomacy and inter-Korean affairs, among others. Feel free to contact him at yistory@koreatimes.co.kr.
Euromoney recognizes Hana as best Korean bank
Premier League footballer Son Heung-min poses in this promotional image for Hana Bank which won Best Private Bank in Korea 2023 from Euromoney, an internationally-recognized business and finance magazine. Courtesy of Hana Bank
By Yi Whan-woo
By Yi Whan-woo
Hana Bank has been recognized as Korea's best private bank by Euromoney, a U.K. magazine internationally known for offering information on business and finance, the bank said on Friday.
The 2023 honor means that Hana Bank has won the Best Private Bank in Korea category more times than any other bank. The company has won the category 16 times so far, with the first one coming in 2005.
In addition, the company was also named the best private bank in digital innovation this year.
“The honors we received this year show that we excel in wealth management,” the company said.
It noted that Euromoney gave it credit for its art-related banking services, digital asset management and contactless consulting services for wealthy customers.
“We will constantly make efforts to offer tailor-made services for our customers in the face of a rapidly-evolving wealth management market,” it added.
Meanwhile, Hana Bank has been named the country's best lender by other internationally-renowned business and finance magazines, including The Banker and Global Finance.