List of banks in South Korea

This is a list of South Korean banks. The parenthesized number is the bank number.

This list is incomplete; you can help by adding missing items with reliable sources.

Central bank

Government-run banks

The following banks are not owned by the Korean government, but their organizations (NFAC-which is a sole shareholder of Nonghyup financial group and NFFC) are largely influenced by the Korean government.

  • National Federation of Fisheries Cooperatives (007)
  • Nonghyup Financial Group

Nationwide banks

Local banks
  • DGB Financial Group (Daegu Bank) (031)
  • BNK Financial Group
  • JB Financial Group
    • Kwangju Bank (034)
    • Jeonbuk Bank (037)
  • Shinhan Financial Group
    • Jeju Bank (035)

Internet banks

Foreign banks

GIRO code for unlisted foreign banks is 051.

Representative banks

Other banking organizations

Strictly, these institutions are not banks, but have a similar purpose and are widely recognised as a kind of bank. These institutions cannot use the name "bank", except (according to the 2010 Mutual Savings Banks Act) the Mutual Savings Bank.

  • Credit Union (048)
  • Korea Federation of Community Credit Cooperatives (045, 046, 085)
  • National Forestry Cooperative Federation (064)
  • Nonghyup Local Cooperatives (012)
  • Mutual Savings Bank (050)
  • Korea Post (071), Postal Financial Service by MSIP
  • Korea Credit Guarantee Fund
  • Suhyup Local Cooperatives (007)

M&A tree
  • KB Kookmin Bank
    • Kookmin Bank (old, ~2001)
      • Daedong Bank (~1998)
      • Long-term Credit Bank (~1998)
    • Housing and Commercial Bank (~2001)
      • Dongnam Bank (~1998)
  • Woori Bank
    • Woori Bank ← Hanvit Bank
      • The Commercial Bank of Korea
      • Hanil Bank
    • Korea Peace Bank (~2001)
  • Shinhan Bank
    • CHB Bank(Chohung Bank) (~2006)
      • Chungbuk Bank (~1999)
      • Kangwon Bank (~1999)
    • Shinhan Bank (old, ~2006)
      • Dongwha Bank (~1998)
  • KEB Hana Bank
    • Korea Exchange Bank (~2012)
    • Seoulbank (~2002)
    • Boram Bank (~1996)
    • Chungchong Bank (~1998)
  • Citibank Korea
    • Citibank N.A. Seoul branch (~2004)
    • KorAm Bank (~2004)
      • Kyungki Bank

See also
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