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Hana Financial Group (XKRX:086790) Cash Receipts from Deposits by Banks and Customers


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What is Hana Financial Group Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Hana Financial Group (XKRX:086790) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hana Financial Group Inc (XKRX:086790) » Definitions » Cash Receipts from Deposits by Banks and Customers
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Address
55 Eulji-ro Jung-gu, Seoul, KOR, 100-782
Hana Financial is one of Korea's four largest commercial banking groups. In commercial banking, it is a similar size to its three peers with an 11% share of loans as of 2022, but its total assets are about 20% to 25% smaller than Shinhan's and KB's owing to a smaller scale in nonbank financial businesses. This reflects Shinhan's and KB's expansion of these areas in recent years while Hana was busy integrating Korea Exchange Bank into KEB Hana Bank and replenishing its capital levels after the 2012 acquisition. The integration progressed smoothly, in our view, with Korea Exchange Bank's strength in large corporate business proving to be a good fit for the former Hana Bank's strength in retail.