ADNOC Gas Targets Up to $4B Profit in 2026 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty 
Natura Q2 Profit Plunges 92% as Financial Expenses Weigh on Earnings 
Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High 
US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says 
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised 
Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants 
JPMorgan Plans More Asia-Pacific Hiring in 2027 as Corporate Banking Revenue Surges 
OpenAI Restricts Astra AI Over Cyberattack Risks 
UK Retail Sales Rise as World Cup and Heatwave Boost Food, Pubs and Clothing 
US Dollar Near Two-Month Low as Markets Await Inflation Data 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
Alibaba Plans Revenue-Sharing Model for Qwen3.8-Max AI Commercial Users 
Gold Prices Rise as Fed Rate Hike Bets Ease 
Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms 
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.
