Commercialbank sets up dedicated desk to assist Korean firms

08/05/2012 08:19 AST

Commercialbank has set up a dedicated Korea Business Desk within its corporate division, following its recent tie up with Hana Bank .

Qatar’s largest private bank recently signed a Memorandum of Understanding (MoU) with Hana Bank, one of the largest banks in South Korea, and a subsidiary of Hana Financial Group.

The Korean desk is managed by Kiwon Kim (pictured), senior relationship manager, who is seconded from Hana Bank.

Working with a Commercialbank dedicated team, he will assist Korean companies looking to do business in Qatar, and offering a wide range of corporate services to Korean companies operating in Qatar.

Fahad Badar, Commercialbank executive general manager (government and international banking) said, “The Korea Business Desk will enable both Commercialbank and Hana Bank to work together as the preferred partner bank in their respective countries, combining business synergies, resources and market knowledge. The partnership will be managed by Kim in Qatar, who has worked with Hana bank in Korea for more than 11 years and is an expert in international trade. His experience and expertise will benefit our Korean corporate customers and simultaneously give us the opportunity to help Korean companies based in Qatar achieve their respective banking needs.”


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