Jeon Byeong-woo, left, general manager of trustee and custodian business department at KEB Hana Bank, poses with Andrea Fiano, editor of Global Finance Magazine, at the awarding ceremony of Best Sub-Custodian Bank Award 2023 held in Toronto, Canada, Tuesday, after the bank was selected as the best sub-custodian bank in Korea. Courtesy of Hana Bank.
Hana Bank was selected by Global Finance Magazine as the recipient of the Best Sub-Custodian Bank Award 2023 within Korea, Tuesday, according to the lender.
Marking its 21st anniversary, the award selects those that have provided the most innovative and efficient sub-custodian services among financial companies in over 80 countries around the world.
Hana Bank has been selected as the best sub-costodian lender 15 times so far by the magazine, which highly evaluated the bank’s customized service, competitiveness in terms of commission and customer-tailored system.
“Based on our expertise in sub-custodian services that has accumulated for over 30 years, as well as fame as the leading bank in foreign exchange services, we have been providing top-notch customer-tailored service. We will continue efforts to expand customer base in global market, making a leap forward as a leading sub-custodian bank in Asia,” a Hana Bank spokesperson said.
The bank has been providing sub-custodian services tailored to foreign banks, insurers and global asset management companies for foreign investments of diverse forms, including stocks, bonds and real estate-related investments.
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