Federal Reserve Board announces approval of application filed by Hana Financial Group Inc.

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Federal Reserve Board announces approval of application filed by Hana Financial Group Inc.

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The following press release was published by the Board of Governors of the Federal Reserve System on Aug. 14, 2013. It is reproduced in full below.

The Federal Reserve Board on Wednesday announced its approval of an application under section 3 of the Bank Holding Company Act by Hana Financial Group Inc., Seoul, Republic of Korea, to acquire up to 71.4 percent of the voting shares of BNB Financial Services Corporation, New York, N.Y.

Attached is the Board's Order relating to this action.

Attachment (PDF) For media inquiries, call 202-452-2955.

Board Votes

Source: Board of Governors of the Federal Reserve System

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