KEB Hana Bank cuts 690 jobs via early retirement

January 3, 2016

SEOUL (Yonhap) — KEB Hana Bank, South Korea’s leading lender by assets, said Sunday it has eliminated 690 jobs through a voluntary retirement program as part of efforts to downsize.

The number of job cuts, made in late December, amounts to 4.3 percent of its workforce of 16,100 as of the end of November last year, according to KEB Hana.

The lender said the early retirement program, carried out for the first time in about four years, focused mainly on employees aged 40 and older.

KEB Hana’s job reduction was the third-largest conducted by local lenders last year. KB Kookmin Bank and Standard Chartered Korea slashed 1,121 and 961 jobs, respectively.

In September, KEB Hana began operations as the merged entity between Hana Bank and Korea Exchange Bank (KEB). Hana Financial Group Inc., the bank’s parent company, acquired KEB from U.S. buyout fund Lone Star in 2012.


  1. Pingback: Hana Bank In Seoul Korea | events - thebankersclub

  2. egovtjobs

    January 4, 2016 at 4:09 AM

    Great Information in the post

  3. Pingback: Kookmin Bank In | tax - offshore banks

  4. Pingback: Army Voluntary Early Retirement 2012 | Steps to Retirement

  5. Pingback: Early Retirement Buyout Plans | Plan Well, Retire Early

  6. Pingback: Hana Bank In Korea | silver - creditcardawards

  7. Pingback: Hana Bank In South Korea | inflation - low interest loans

  8. Pingback: Kookmin Bank In South Korea | creditcardawards

  9. Pingback: Postal Voluntary Early Retirement 2012 | Retire Overseas

  10. Pingback: Retired Bank Employee Job | part-time . no experience jobs

  11. Pingback: Early Retirement Voluntary Scra | 401k Options - Find your investment options

  12. Pingback: Voluntary Early Retirement Act | Steps to Retirement

  13. All Exam's

    January 31, 2016 at 9:45 PM

    All Exam’s Result

  14. Pratiush Mishra

    February 3, 2016 at 8:39 AM

    thanks sir i really like this post and it is helpful for me

  15. result

    February 3, 2016 at 8:40 AM


  16. result

    February 3, 2016 at 8:40 AM


  17. logical

    February 3, 2016 at 8:41 AM

    good really

  18. KKR VS DD PRediction

    April 13, 2016 at 7:18 PM

  19. Govt Jobs 2016

    April 23, 2016 at 1:52 AM

    Awesome information in the post


  20. riya

    April 26, 2016 at 8:26 PM

    I Like your Article. Thank you for Posting This.
    Today IPL Match Prediction

  21. Songs Downloading

    May 27, 2016 at 5:44 AM

    Nice information provided thank you

  22. manabadi degree results 2017

    December 7, 2016 at 5:24 PM

    manabadi degree results 2017, degree results 2017, intermediat results 2017, ssc results 2017, latest govt jobs available

  23. sruthi

    January 3, 2017 at 3:57 AM

    good website

    Sarkari Recruitment is one of the biggest Indian Job Site so here you will getAPPSC Jobs 2017so

  24. ap exam results

    March 8, 2017 at 8:51 PM


  25. policybook

    March 27, 2017 at 3:44 AM

    Here you can get the complete details about LIC of India insurance plans and policies.
    LIC of India

  26. Govt jobs alerts

    April 3, 2017 at 3:38 AM


  27. IBPS po

    April 5, 2017 at 8:56 PM

    IBPS PO Admit Card available here. For more click here IBPS PO Exam Hall Ticket

  28. UPSC IFS

    April 5, 2017 at 9:49 PM

    UPSC IFS Syllabus available here. Here you can download the Latest UPSC IFS Syllabus.
    Syllabus of IFS UPSC

  29. SBI PO

    April 5, 2017 at 9:54 PM

    SBI released latest notification for SBI Bank Jobs. Get the complete details about SBI Recruitment.
    SBI Recruitment

  30. Results

    April 5, 2017 at 10:27 PM

    The candidates who have appeared for Management Aptitude Test 2017 can check MAT 2017 Result and download the score card.
    MAT Results

  31. gold price

    April 7, 2017 at 12:44 AM

    Latest gold rate/Price in India. Get the gold Price/rate for different states.Know the gold rate in India For more click here
    gold rate today

  32. Policy status

    April 8, 2017 at 2:55 AM

    Check Oriental Insurance Policy Status, Claim Status through Online, click here.
    Oriental insurance Policy Status

  33. Insurance policy

    April 12, 2017 at 2:54 AM

    Here you can get the complete information about Life Insurance policies. For more click here
    Life Insurance

  34. passport documents

    April 13, 2017 at 12:55 AM

    Here you can check list of documents required for passport. For more information Click here

  35. Latest Movie Addons for Kodi

    April 13, 2017 at 9:17 PM

    Kodi is an open source multimedia center that allows users to add additional features to it through Addons. Check the steps to download addon for kodi

  36. memory card price

    April 18, 2017 at 3:31 AM

    Memory Cards prices of different capacity like 4GB, 8GB, 16GB, 32GB, 64GB & more from brands.
    memory card price list

  37. car loan emi calculator hdfc

    April 20, 2017 at 4:48 AM

    To Get complete details regarding the HDFC EMI calculation, HDFC loan benefits, HDFC loan eligibility, loan documents etc.
    Click here

  38. lic endowment policy

    April 28, 2017 at 12:39 AM

    LIC’s Limited Premium Endowment Plan. compare features, benefits & premium with investment plan companies.

  39. sbi quick

    June 20, 2017 at 12:07 AM

    Complete guide on how to do SBI balance enquiry using Missed Call

  40. recruitment2017

    June 20, 2017 at 12:15 AM

    Great Information in the post

  41. Get the best care for your clothes with an LG semi-automatic washing machine, buy online at the lowest price.
    semi automatic washing machine

  42. whirlpool refrigerator

    July 16, 2017 at 10:07 PM

    Check the full list of Whirlpool refrigerators/fridges in India. Compare prices and buy the best refrigerator for your home.
    Know more

  43. LG TV Price

    July 17, 2017 at 9:41 PM

    List of latest, upcoming lg TV price list in India, lg TV models, specifications and features.
    lg tv price

  44. tony

    August 21, 2017 at 3:37 AM

    Thanks for sharing information..Click here for

    Jharkhand Police Recruitment 2017

  45. namo seo

    September 9, 2017 at 11:06 PM

    Awesome website anc Check it out
    andaman nicobar constable recritment

  46. Government Job Alerts

    September 11, 2017 at 10:01 PM

    Thanks for sharing information.
    To know the details about government jobs click here

  47. Flipkart cashback offers

    September 12, 2017 at 12:15 AM

    flipkart is one of the top eCommerce site in India here Flipkart Deal of the Day Offers Check here

  48. flipkart hdfc offers

    September 12, 2017 at 12:17 AM

    flipkart is one of the top eCommerce site in India here Flipkart Today Deals Flipkart visit here

  49. sophia sophia

    November 9, 2017 at 3:45 AM

    Thanks for this wonderful post. The information in this article is very helpful to me. Thanks a lot for sharing. Keep blogging.

  50. Toshiba Laptop India

    November 17, 2017 at 1:01 AM

    Toshiba Laptop is an iconic laptop, You can check various TOSHIBA Laptops and the latest prices, compare prices and see specs.
    Toshiba Laptop

  51. Oppo Mobile Price

    November 17, 2017 at 9:37 PM

    Oppo Mobiles are the best mobiles in India, It has great features, specification and price also reasonable, for more details visit here.

  52. Swiggy Customer number

    December 11, 2017 at 3:55 AM

    Great and exciting post as always. I will continue to visit here to read more updates.

  53. Recruitment Update

    January 13, 2018 at 4:38 AM

    Thanks for sharing this post it’s very informative..
    HP Board 10th Results