Spectator on facebook

Spectator on facebook

FOCUS SHORT

Another Korean bank arrives

THE OLDEST and one of the biggest banks operating in South Korea plans to do business in Slovakia. Shinhan Bank will open a branch office in Poland within one month, through which it plans to operate in Slovakia too, the Hospodárske Noviny daily wrote on May 12.

THE OLDEST and one of the biggest banks operating in South Korea plans to do business in Slovakia. Shinhan Bank will open a branch office in Poland within one month, through which it plans to operate in Slovakia too, the Hospodárske Noviny daily wrote on May 12.

“Via this representation we want to cover other areas, including the neighbouring Czech Republic and Slovakia,” said Jin Won Suh, CEO and President at Shinhan Bank, as cited by the daily. He added that the banking house already received the green light from Polish offices.

According to Jin Won Suh, the bank, when expanding, tries to focus on countries where other companies from its home country already operate. Thus, its expansion into this region is no surprise to experts.

“South Korea ranks among the top investors in Slovakia,” said Richard Dírer, spokesperson of the Slovak Investment and Trade Development Agency (SARIO). “And there is still interest from companies [from South Korea] in investing in Slovakia.”

Corporate clients should be the first in the Korean bank’s viewfinder, while it later wants to establish itself in the retail sector, too.

Topic: Finances and Advisory


Top stories

12 places where you can see the works of one of the best medieval wood carvers Photo

The works of the renowned Master Paul are not limited just to Levoča.

St Geirge Curch in Spišská Sobota

Ukrainian caught beauty of Nitra in video Video

The city under Zobor is beautiful also from a bird’s perspective.

Heatwaves to continue in Slovakia over the following days

More than 40 people collapsed due to hot weather on Thursday.

Foreigners: Events around Slovakia Photo

Tips for performances and other events in the Slovak regions between July 21 and 30, including a castle festival, a parkour meeting, a hip-hop dance and music festival, a festival of minorities, a special run,…

Onyx will perform at the Legits Blast event in Banská Bystrica