Hana Financial Group Inc. Overview
Pro stress-test →Hana Financial Group Inc. is a financial holding company headquartered in Seoul, South Korea. It is one of Korea's four largest commercial banking groups with an 11% share of loans in the domestic market, though its total assets are about 20-25% smaller than competitors Shinhan and KB owing to a smaller scale in nonbank financial businesses.
Strategic Profile
Pro stress-test →The company provides comprehensive financial services including deposits, household and business loans, credit cards, securities trading, brokerage services, card loans, mobile payment services, auto leasing, life and non-life insurance, and system development services. It operates in Hong Kong, Singapore, the United States, Japan, China, Indonesia, the United Kingdom, Canada, and internationally.
Competitive Landscape
Pro stress-test →Hana Financial is one of Korea's four largest commercial banking groups, similar in size to its three peers in commercial banking with an 11% share of loans, but with total assets about 20-25% smaller than Shinhan and KB. The company competes directly with KB Financial Group, Shinhan Financial Group, and Woori Financial Group in Korea's concentrated banking sector.
Industry Context
Hana Financial Group Inc. operates in Banks - Regional / Financial Services.
Key facts
Founded: 1971 · Headquarters: Seoul, South Korea · Employees: 20,859 · Revenue: 11.72T KRW (2024) · Market cap: 32.55T KRW (~$24-25B USD)