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Hana Bank agrees financial cooperation with Uzbekistan, seeks to set up representative office this year

Hana Bank is seeking to set up a representative office in Uzbekistan as it moves to enter the Central Asian financial market. The bank said it signed a memorandum of understanding on investment and finance cooperation with Uzbekistan’s Ministry of Investment, Industry and Trade on Sept. 11. The agreement was arranged ahead of the first Korea-Central Asia summit in Seoul on Sept. 16. The two sides plan to identify cooperation opportunities and support market entry.