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May 2025

Hanmi Bank Forms Strategic Partnership to Support Korean Companies in the U.S.

Hanmi Bank has recently signed a Memorandum of Understanding (MOU) with the Korea Federation of SMEs (K-BIZ), to support the export and U.S. market entry of Korean small and medium-sized enterprises (SMEs).

Through this partnership, the involved institutions will collaborate to offer financial support and networking opportunities with local businesses and relevant organizations.

Bonnie Lee, CEO of Hanmi Bank, stated, “Hanmi Bank can now provide essential financial information and services to Korean companies entering the U.S. market through K-BIZ. Through dedicated service channels such as the Korea Desk and the Seoul Representative Office, we will become a reliable financial partner for these companies”.

Kim Ki-moon, Chairman of K-BIZ, highlighted that many Korean SMEs are considering overseas expansion through factory establishment, as well as mergers and acquisitions (M&A) due to the growing demand.

Kim stated, “the collaboration with Hanmi Bank will actively support Korean SMEs in overcoming challenges and successfully entering the U.S. market.”

This agreement was signed on April 18, 2025, at Hanmi Bank’s headquarters in Los Angeles. Insurance brokerage HUB-Cheonha, and Law firm LBBS (Lewis Brisbois Bisgaard & Smith LLP) also joined the signing.

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