KEB Hana Bank (D) Aktiengesellschaft products, services and reviews

About KEB Hana Bank (D) Aktiengesellschaft

KEB Hana Bank (D) Aktiengesellschaft is the German subsidiary of KEB Hana Bank and part of Hana Financial Group, operating under a German banking license and supervised by BaFin and the Deutsche Bundesbank. The institution focuses on corporate banking with an emphasis on trade finance, documentary credits and collections, guarantees, working capital facilities, syndicated lending, and selected real estate and project finance, alongside treasury services such as foreign exchange for hedging and settlement in EUR/KRW and other major currencies. It provides payment services including SEPA and cross‑border transfers, and maintains online banking for transactions and reporting; client service is typically available in German, English, and Korean. The client base is concentrated in companies engaged in Europe–Korea trade and supply chains, as well as selected SMEs and community clients, with a limited physical footprint and a product set geared more to transactional and relationship banking than mass‑market retail. Pricing is relationship‑driven and usually negotiated case by case; foreign exchange conversions and cross‑border remittances involve spreads and fees that vary by corridor and volume. Account opening follows standard German KYC/AML requirements and can be documentation‑heavy, particularly for corporates with complex ownership structures. Eligible deposits are protected by Germany’s statutory deposit guarantee scheme (EdB) up to EUR 100,000 per depositor per bank, in line with legal limits; any additional voluntary protection would depend on separate scheme membership and should be verified directly with the bank. The bank’s strengths lie in trade finance execution, documentary business, and KRW expertise for clients with Korean links, while constraints include a narrow retail offering, a small branch network, and reliance on niche cross‑border flows.