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Global Bank DirectoryIn total, there are 148 licensed banks operating in South Korea. The banking system is composed of 52 Commercial Banks (including Nationwide Banks, Local Banks, Foreign Bank Branches), 5 Specialized Banks and 91 Mutual Savings Banks (June 2020). SWIFT/BIC Codes in South Korea
1 Bank of Korea (BOK) | Seoul Update: 2017-03-10 The Bank of Korea (BOK) is the central bank of South Korea. The primary purpose of the Bank is the pursuit of price stability. 2 Hana Bank | Seoul Update: 2014-04-06 Hana Bank is a wholly-owned subsidiary of Hana Financial Group Inc., the 4th largest commercial banking group in South Korea. Hana Bank is the third largest bank by asset value in South Korea. The Bank has a full line of personal banking products and services from checking and savings to loans and online banking. As on March 31, 2011, Hana Bank had a network of 663 branches and about 3,150 ATMs. 3 Industrial Bank of Korea | Seoul Update: 2022-01-30 Industrial Bank of Korea (IBK) is a state-owned bank headquartered in Jung-gu, Seoul, South Korea. IBK provides development finance and related banking services to support small and medium-sized enterprises in Korea. 4 KakaoBank | Jeju-si Update: 2021-03-13 KakaoBank (kakaobank) is a South Korean mobile-only bank established in January 2016 by a financial group Korea Investment Holdings and an internet platform company Kakao Corp. The Bank provides loan, deposit, debit card, overseas remittance and other financial services such as group account. 5 KB Kookmin Bank | Seoul Update: 2016-11-18 Kookmin Bank Co. Ltd. is the largest bank by both asset value and market capitalization in South Korea. Kookmin Bank is a part of KB Financial Group Inc., a Korea-based financial holding company engaged in the management of subsidiaries. Kookmin Bank has been recognized as the "Best Trade Finance Bank in Korea" for 2016 by the Asian Banker Magazine. 6 KEB Hana Bank | Seoul Update: 2016-05-09 KEB Hana Bank (former Korea Exchange Bank) is the largest bank in South Korea measured in assets and the largest foreign exchange bank in South Korea. KEB Hana Bank is a part of Hana Financial Group Inc. 7 Kwangju Bank | Gwangju Update: 2022-10-28 Kwangju Bank Ltd. is a wholly-owned subsidiary of KJB Financial Group Co. The Bank is engaged in commercial banking activities in the area of Kwangju and the surrounding Cheonnam Province, as well as in the capital city of Seoul. 8 NongHyup Bank | Seoul Update: 2021-04-01 NongHyup Bank (formerly National Agricultural Cooperative Federation) is a commercial bank that provides a wide range of banking services to private and corporate clients in South Korea and internationally. 9 Shinhan Bank | Seoul Update: 2017-03-20 Shinhan Bank is the leading bank in South Korea in terms of overall management. The Bank provides a wide range of financial products and services including checking and savings accounts, insurance, investments, mortgages, consumer financeis. Shinhan Bank is a part of the Shinhan Financial Group. 10 Woori Bank | Seoul Update: 2017-10-14 Woori Bank Co., Ltd. (former Hanvit Bank) is one of the largest commercial banks in South Korea and is a part of the Woori Financial Group. The Bank operates through its business segments: Consumer Banking, Corporate Banking, Capital Markets, Investment Banking, Credit Card, and other operations. |
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