K Bank
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| Type | Private company |
|---|---|
| Industry | Financial services |
| Founded | January 17, 2016 |
| Headquarters | Jongno, Seoul, |
| Services | Online banking Mobile banking Loan and deposit Debit card Overseas remittance |
| Owner | KT Corporation |
Number of employees | 7201 (2017) |
| Website | www |
K Bank (Hangul: 케이뱅크), is an online bank based in South Korea. Its largest owner is the telecommunications company, KT Corporation.[1]
History[]
K Bank launched in 2017, when both KT and Kakao were given licenses to launch Internet-only banks in Korea.[2] K Bank was the first to launch, becoming the first new bank to launch in two decades.[3] When it first launched, the bank was able to attract 250,000 new customers in its first two weeks.[4]
Services[]
Since its launch, the bank has offered the same products as traditional banks from offering debit cards to offer small loans to consumers.[5]
References[]
- ^ https://www.bloomberg.com/news/articles/2015-11-29/south-korea-grants-kakao-kt-led-groups-permits-for-online-banks
- ^ "Internet-only banks should spur financial innovations: The Korea Herald". December 2015.
- ^ "Asia: First internet-only banks in South Korea | RFi Group".
- ^ "Kakao Bank Easily Tops K-Bank's Record-Breaking Run".
- ^ "Internet-only banks should spur financial innovations: The Korea Herald". December 2015.
External links[]
Categories:
- Online banks
- Banks established in 2016
- Banks of South Korea
- South Korean companies established in 2016