Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Australian Household Spending Dips in December as RBA Tightens Policy 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data 
Hana Bank has set up a commercial bank in Taiwan, and its office is located in the country’s capital of Taipei. With this new location, the financial company has become the first South Korean commercial bank to open a branch in the region.
As per The Korea Times, Hana Bank announced the opening of its new Taipei office earlier this week. It said that the goal of having this branch is to tap into Taiwan’s investment banking market.
With its move to build a unit in the country, Hana Bank is now the only bank with a financial network within South Korea’s 10 major trading partners that includes the United States, Vietnam, and China. The company was able to open its Taiwan branch after securing a license from the nation’s financial authority.
This gives Hana Bank the permission to have an office and operate its business here. It was further mentioned that the license also allows the Korean banking institution to offer retail banking and local currency-based corporate financing services to the locals.
"The opening of the Taipei office is meaningful, as the prolonged COVID-19 shock has caused difficulties in doing business here and abroad," Hana Bank’s vice president of global business, Lee Jong Seung, said in a statement. "We are going to provide an advanced level of financial services to local citizens as well as Korean companies there."
Yonhap News Agency reported that Hana Bank stated its Taipei location will be dealing with foreign currency business in addition to the corporate and retail financial services. Moreover, the company is expecting to benefit from both the South Korean and Taiwanese companies that will seek out its services.
Meanwhile, the bank is looking to get itself involved in investments from Taiwan’s infrastructural businesses, such as the energy units, airlines, and railway divisions. Once this happens, Hana Bank said there is a high possibility that it can also become the main outpost for investment banking in Asia.
Finally, with the new branch, the company now has 192 networks in 25 countries worldwide. These numbers and reach make Hana Bank the largest in terms of scale among the Korean banks.
