KEB Hana Bank (D) AG

What KEB Hana Bank (D) AG does

KEB Hana Bank (D) AG is a German-licensed wholesale bank headquartered in Frankfurt am Main, established in 2009 as Korea Exchange Bank (D) AG and rebranded in 2015 following the merger of Korea Exchange Bank with Hana Bank. It is a wholly-owned subsidiary of Hana Bank Co., Ltd. (Seoul), part of Hana Financial Group, and operates as the European arm of KEB Hana Bank's global network of 134 offices in 24 countries. The bank targets two primary segments: business and corporate customers engaged in international trade (particularly Korea-Europe flows) and financial institutions seeking correspondent banking, nostro, and Asia-Pacific market access. Services are concentrated in trade finance (letters of credit, documentary collections, guarantees), cash management, SEPA and international payments via SWIFT and TARGET2, multi-currency accounts (EUR against KRW, CNH, JPY, and Eastern European currencies), and KYC/AML/FATCA compliance for institutional clients.

The operational technology stack is anchored by SWIFT messaging for interbank connectivity, TARGET2 for real-time EUR clearing, SEPA Core and B2B direct debit schemes, and the global.1qbank.com electronic banking platform for corporate clients. The bank also deploys AI/ML capabilities for fraud detection, sanctions screening, document classification, and process automation, with data and IT systems support from the Hana Financial Group parent. Distribution is entirely relationship-based through Frankfurt HQ, an Ostrava foreign office serving Eastern Europe, and a Poland Branch, with no retail or consumer channels. Pricing is individualized and not publicly disclosed, reflecting a relationship-banking model rather than self-service. The bank is supervised by BaFin and complies with FATCA, GDPR, and FATF AML/CFT frameworks; it is a private, non-listed entity with approximately 30 employees and no publicly disclosed revenue.

Name

KEB Hana Bank (D) AG

Legal name

KEB Hana Bank (D) AG

Website

https://kebhana.de

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

KEB Hana Bank (D) AG is a BaFin-supervised German wholesale bank and wholly-owned subsidiary of Hana Bank (Korea), serving business and corporate clients and financial institutions with Korea-Europe trade finance, payments, and correspondent banking services from Frankfurt.

Ownership category

akta.pro rank

Headquarters

HQ city

Frankfurt am Main

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Technology or R&D, Infrastructure

Revenue model

1. Corporate Banking Services: Account management, cash management, and liquidity management services for business and corporate customers
2. Payment Services: Fees from domestic, SEPA, and international payment transactions including transfers, direct debits, and documentary payments
3. Trade Finance: Letters of credit, documentary collections, guarantees, and trade finance services for international business activities
4. Credit Services: Credit facilities and loan products for corporate customers
5. Financial Institution Services: Interbank clearing, nostro services, and relationship management services for correspondent banks and financial institutions

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

KEB Hana Bank (D) AG is the German banking subsidiary of Hana Bank Co., Ltd. (South Korea), operating from Frankfurt am Main under BaFin supervision. It provides corporate and institutional banking services to businesses and financial institutions engaged in Korea–Germany trade and investment, including cash management, SEPA and international payments, documentary trade finance (letters of credit, documentary collections), e-banking, KYC/AML and FATCA compliance services, and financial institutions / correspondent banking services.

Product overview

KEB Hana Bank (D) AG operates as a subsidiary of Hana Bank (Korea) providing corporate and institutional banking services in Germany and Europe. The product portfolio includes e-Banking platform (1qbank.com) for electronic transactions, Cash Management for account and liquidity management, SEPA and International Payment Services through SWIFT/TARGET2 networks, International Business Services (Letters of Credit, Documentary Collections, Guarantees), KYC & AML compliance services, FATCA compliance, and Financial Institutions Services including Nostro services and Trade Finance. The bank serves business/corporate customers and financial institutions as Asia's entry point for Europe-Korea trade.

Differentiator

Problem solved

Functional benefit

Products and services

• e-Banking Online corporate banking platform providing account information, payment initiation and transaction management for corporate and institutional clients.
• Cash Management Domestic and cross-border cash management services for corporate clients, including liquidity management and account services.
• SEPA Payments Single Euro Payments Area credit transfers and direct debits enabling euro-denominated payments across SEPA-participating countries.
• International Payments Cross-border payment services including SWIFT-based foreign currency payments for corporate and institutional clients.
• International Business Services (Letters of Credit and Documentary Collections) Trade finance products including import/export letters of credit and documentary collections supporting cross-border commercial transactions.
• KYC & AML Services Know Your Customer and Anti-Money Laundering onboarding, screening and ongoing monitoring services for corporate clients and financial institutions.
• FATCA Compliance Services FATCA-related account classification, withholding, reporting and documentation support for clients with U.S. tax obligations.
• Financial Institutions Services Correspondent banking and financial institutions services offered to banks and other regulated counterparties, including deposit taking and interbank relationships.
• Statutory Deposit Guarantee Eligible deposits covered by the statutory German deposit guarantee scheme (EdB) protecting client funds up to the regulatory limit.

Quantifiable outcome

• Real-time remittance to 57,000 member banks worldwide
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability5 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• Hana Bank Co., Ltd. (KEB Hana Bank) - Parent CompanycoreStrategic or Co-development PartnerHana Bank Co., Ltd., 35 Eulji-ro, Jung-gu, Seoul 04523, Republic of Korea, is the parent company of KEB Hana Bank (D) AG. The parent provides IT systems, credit assessment support, KYC support, and refinancing to the German subsidiary. They share data within the Hana Financial Group for compliance and risk management purposes.
• SWIFT (Society for Worldwide Interbank Financial Telecommunication)coreTechnology or IntegrationSWIFT is the global messaging and transaction network connecting more than 10,000 banks worldwide. KEB Hana Bank uses the SWIFT network for secure international payments and interbank communication.
• KEB Hana Bank UK BranchcoreStrategic or Co-development PartnerUK branch provides relationship management support for financial institutions clients. Contact via Tel+44-20-7325-6631. The branch works with the Frankfurt team to serve international FI clients.
• Correspondent Banks (World-renowned correspondent banks)coreChannel Partner/ Reseller/ DistributorGlobal network of correspondent banks enabling international payment processing, nostro services, and trade finance operations across multiple currencies and regions.
• TARGET2/SEPA Payment SystemscoreTechnology or IntegrationEuropean payment infrastructure enabling real-time EUR payments within the Single Euro Payments Area and international TARGET2 transactions.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Shinhan Bank Europe: European arm of Shinhan Bank, another major Korean financial group, offering corporate banking, trade finance, and FX services to Korean corporates in Europe. Directly comparable in customer segment and product mix.
• Bank of China Frankfurt Branch: Frankfurt branch of one of China's largest state-owned banks, providing corporate banking, trade finance, and EUR-Asia clearing. Directly comparable as an Asian bank specializing in bilateral Europe-Asia trade flows using SEPA, SWIFT, and TARGET2.
• ICBC Frankfurt Branch: German outpost of Industrial and Commercial Bank of China, the world's largest bank by assets. Comparable as an Asian bank with Frankfurt-based corporate, trade finance, and clearing offerings targeting Europe-China flows.
• Woori Bank Europe: Wholly-owned Frankfurt-based subsidiary of Woori Bank, one of South Korea's largest commercial banks. Directly comparable in serving Korean corporate clients and Korea-Europe trade finance with a similar institutional-banking focus.
• Sumitomo Mitsui Banking Corporation (SMBC) Europe: European subsidiary of Japanese megabank SMFG, offering corporate banking, trade finance, and project finance. Comparable as an Asian-headquartered bank with Frankfurt/European presence serving bilateral Asia-Europe corporate flows.
• Standard Chartered Bank Germany: Germany branch of Standard Chartered, an international bank focused on emerging markets and trade corridors. Comparable in serving cross-border trade finance, FX, and corporate banking clients with Asia linkages.
• Industrial Bank of Korea (IBK) Europe: European operations of IBK, a Korean policy-oriented commercial bank. Comparable as a Korean bank serving corporate and institutional clients in Europe with trade finance and correspondent banking capabilities.
• MUFG Bank (Europe): European arm of Mitsubishi UFJ Financial Group, the largest Japanese bank. Comparable as an Asian bank with German corporate banking operations, trade finance, and global payment capabilities.
• Mizuho Bank Europe: European corporate banking arm of Mizuho Financial Group, a Japanese megabank. Comparable as an Asian bank operating in Germany with trade finance, cash management, and correspondent banking services for European-Asia flows.

Broad incumbents

• HSBC Germany: Frankfurt-based operations of HSBC, one of the world's largest universal banks. Comparable as a broad incumbent offering corporate banking, trade finance, and EUR-Asia payment services, though with a much wider product portfolio and broader geographic reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/keb-hana-bank-d-ag

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KEB Hana Bank (D) AG