Hana and KEB merge their branches in Indonesian market

Home > Business > Economy

print dictionary print

Hana and KEB merge their branches in Indonesian market

Hana Financial Group and Korea Exchange Bank have merged their overseas operations. Hana became the majority owner of KEB in 2012.

According to the banks, separate branches in Indonesia have been merged under the name PT Bank KEB Hana. The branches in Indonesia now have combined assets of 1.3 trillion won.

The bank said it has set a target of becoming the 20th-largest bank by assets in Indonesia within 10 years.

More in Economy

Number of part-time workers hits record high

Closing for good

Those who didn't buy are singing the real estate blues

Gov't to provide ₩30 trillion in trade financing for green, digital exports

Covid-19 pushes employment numbers down by 218,000 in 2020

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now