Hana Financial Group Inc. is a Korea-based financial holding company. Through its subsidiaries, the Company operates in three business divisions: personal and commercial banking division, corporate and investment banking division and asset management division. Its personal and commercial banking division provides financial asset management, loan, credit card and private banking services. Its corporate and investment banking division provides fund raising, fund management, trust account, management consulting, risk management and value-added services. Its asset management division provides retail services, wholesale services, asset management services, wealth management services and research center services. As of December 31, 2011, the Company had eight subsidiaries, including Hana Bank, Hana SK Card, Hana Daetoo Securities, Hana HSBC Life Insurance, Hana Capital, Hana Daol Trust, Hana I&S and Hana Institute of Finance.