Hana Financial in South Korea infuses $100M into its U.S. bank

Hana Financial Group in South Korean has injected $100 million into its U.S. bank.

Hana Bank USA was created in 2013 after the parent company bought Broadway National Bank. Hana Financial injected $36.5 million into the bank bank in 2016 and another $65 million six years later.

Hana Bank USA’s maximum lending limit per customer should double with the infusion, to $32 million.