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.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Theme: Finances and Advisory


Top stories

Gorilla sends Slovaks back to the streets

For a Decent Slovakia protests continued in five locations around Slovakia.

Košice protest on October 18

Nicholson: Only a naive person would believe anything has changed

A former Slovak Spectator and Sme journalist wrote a book about the Gorilla file.

Tom Nicholson

Protests will take place, Pellegrini says Fico can sleep well at night

Read the reactions to the published Gorilla recording.

Smer chair Robert Fico

Two nominees for Record of the Year released within a week

Arguably, only a handful of journalists are likely to hear all 39 hours of Gorilla, but the public will no doubt jump at some sequences.

Protests over the Gorilla scandal drew thousands into Slovakia’s squares.