|
Seoul Trust Bank
Seoul Bank (), known from 1976 to 1995 as Seoul Trust Bank (), was a major bank in South Korea, originally established as a regional bank in 1959. By the mid-1990s, it was one of the five most prominent Korean banks, together with Chohung Bank, Korea Commercial Bank, Korea First Bank, and Hanil Bank. It was determined to be insolvent during the 1997 Asian financial crisis, however, and was taken over by the Korean authorities, then merged into Hana Bank. Overview Seoul Bank was established in December 1959 as part of the Bank of Korea's policy of favoring the creation of regional banks across the country. As such, its activity was initially concentrated in the Seoul Metropolitan Area. It soon expanded beyond that remit, however, by opening a branch in 1962 in the central Nampo-dong neighborhood of Busan. In August 1976, Seoul Bank absorbed Korea Trust Bank, and changed its name to Seoul Trust Bank. It kept that name for nearly two decades before changing it back to Seoul Bank in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and the Sea of Japan to the east. Like North Korea, South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has Demographics of South Korea, a population of about 52 million, of which half live in the Seoul Metropolitan Area, the List of largest cities, ninth most populous metropolitan area in the world; other major cities include Busan, Daegu, and Incheon. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Gojoseon, Its first kingdom was noted in Chinese records in the early seventh century BC. From the mid first century BC, various Polity, polities consolidated into the rival Three Kingdoms of Korea, kingdoms of Goguryeo, Baekje, and Sil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nampo-dong
Nampo-dong is a central commercial and shopping area in Busan, South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t .... Nampo-dong is in Jung District ("Central District") in the southern center of the city, bordering the city river on the north side. Served by two bridges connecting Yeongdo District to the south, Nampo-dong is also accessible by Nampo Station subway. The area mainly consists of a long north-to-south street with a large walking area with shops, cafes, restaurants, and statues or other seasonal or permanent exhibits. Side streets also have numerous camera shops, and heading south the streets turn into Kangtong Market ("Tin-can Market") and Gukje Market, with foreign goods and street food, as well as Jagalchi Market, with fresh seafood for sale or dining ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In South Korea
This is a list of South Korean banks and the parenthesized number is the bank number. Central bank *Bank of Korea (001) Specialized banks Specialized banks are financial institutions established under a special act, not the Korean Banking Act. The South Korean government owns the majority of its shares in the Korea Development Bank, Industrial Bank of Korea, and Korea Eximbank. Suhyup Bank and Nonghyup Bank 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. *Export-Import Bank of Korea (008) *Industrial Bank of Korea (003) *Korea Development Bank (002) *Nonghyup Bank (011) *Suhyup Bank (007) Commercial banks Nationwide *Citigroup **Citibank Korea (027) *Hana Financial Group **Hana Bank (081) *KB Financial Group Inc, KB Financial Group **Kookmin Bank (004) *Standard Chartered **Standard Chartered Korea (023) (trading as SC First) *Shinhan Fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lone Star Funds
Lone Star Funds, legal name of main entity Lone Star Global Acquisitions, Ltd. is a global private equity firm that invests in corporate equity, real estate, credit, and other financial assets. The founder of Lone Star established its first fund in 1995 (under a different name) and Lone Star has to date organized 25 private equity funds with total capital commitments since inception of over $95 billion (as of 2024). Lone Star's investors include corporate and public pension funds, sovereign wealth funds, university endowments, foundations, fund of funds and high-net-worth individuals. Lone Star Funds has affiliate offices in North America, Europe and Japan. Hudson Advisors LP, an approximately 900-person global asset management company owned and controlled by the founder of Lone Star, performs due diligence and analysis, asset management and related services for Lone Star Funds. In this capacity, Hudson Advisors LP has managed in excess of $260 billion of assets for Lone Star F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC
HSBC Holdings plc ( zh, t_hk=滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational corporation, multinational footprint. It is the List of banks in Europe, largest Europe-based bank by total assets, ahead of BNP Paribas, with US$3.098 trillion as of September 2024. This also puts it as the List of largest banks, 7th largest bank in the world by total assets behind Bank of America, and the 3rd largest State ownership, non-state owned bank in the world. In 2021, HSBC had $10.8 trillion in assets under custodian bank, custody (AUC) and $4.9 trillion in assets under administration (AUA). HSBC traces its origin to a Hong (business), ''hong'' trading house in British Hong Kong. The bank was established in 1865 in Hong Kong and opened branches in Shanghai in the same year. It was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korea Deposit Insurance Corporation
The Korea Deposit Insurance Corporation (KDIC) is a South Korean deposit insurance corporation, established in 1996 to protect depositors and maintain the stability of the financial system. The main functions of KDIC are insurance management, risk surveillance, resolution, recovery, and investigation. Historical highlights The Depositor Protection Act was enacted on December 29, 1995, and the KDIC established on June 1, 1996. The KDIC began its operations as a deposit insurer on January 1, 1997, collecting The first deposit insurance premiums on April 30 that year. The first Deposit Insurance Fund Bond was issued on January 3, 1998, and on April 1 deposit insurance funds were consolidated under the management of the KDIC. The Resolution Finance Corporation (RFC) was established on December 27, 1999. 2001 * Jan. 01 Limited Coverage System was reinstated. * Dec. 24 The Special Investigation Mission began its operations. 2002 * May. 06 The KDIC Joined the International Associa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chun Doo-hwan
Chun Doo-hwan (; 18 January 1931 – 23 November 2021) was a South Korean politician, army general and military dictator who served as the fifth president of South Korea from 1980 to 1988. Prior to his accession to the presidency, he was the country's ''de facto'' leader from 1979 to 1980. Chun usurped power after the 1979 Assassination of Park Chung Hee, assassination of president Park Chung Hee, who was himself a military dictator who had ruled since 1961. Chun orchestrated the Coup d'état of December Twelfth, 12 December 1979 military coup, then cemented his military in the Coup d'état of May Seventeenth, 17 May 1980 military coup in which he declared martial law and later set up a Samchung re-education camp, concentration camp for "purificatory education". He established the Fifth Republic of Korea on 3 March 1981. He governed under a constitution somewhat less authoritarianism, authoritarian than Park's Fourth Republic of Korea, Fourth Republic, but still held very broad e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Busan
Busan (), officially Busan Metropolitan City, is South Korea's second list of cities in South Korea by population, most populous city after Seoul, with a population of over 3.3 million as of 2024. Formerly romanized as Pusan, it is the economic, cultural and educational center of southeastern South Korea, with its port being South Korea's busiest and the sixth-busiest in the world. The surrounding "Southeastern Maritime Industrial Region" (including Ulsan, South Gyeongsang Province, South Gyeongsang, Daegu, and part of North Gyeongsang Province, North Gyeongsang and South Jeolla Province, South Jeolla) is South Korea's largest industrial area. The large volumes of port traffic and urban population in excess of 1 million make Busan a Large-Port metropolis using the Southampton System of Port-City classification. As of 2019, Busan Port is the primary port in Korea and the world's sixth-largest container port. Busan is divided into 15 major administrative districts and a single co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seoul Metropolitan Area
The Seoul Metropolitan Area (Sudogwon; , ) or Gyeonggi (region), Gyeonggi region (), is the metropolitan area of Seoul, Incheon, and Gyeonggi Province, located in north-western South Korea. Its population of 26 million (as of 2024) is ranked as the List of largest cities#List, fourth-largest metropolitan area in the world. Its area is about . It forms the cultural, commercial, financial, industrial, and residential center of South Korea. The largest city is Seoul, with a population of approximately 10 million people, followed by Incheon, with three million inhabitants. Geography and climate The Metropolitan Area occupies a plain in the Han River (Korea), Han River valley. History Demographics Covering only about 12% of the country's area, the Seoul Metropolitan Area is home to more than 48.2% of the national population, and is the world's List of largest cities#List, ninth-largest urban area. This percentage has risen steadily since the mid-20th century, and the tre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chohung Bank
Chohung Bank Co., Ltd. (CHB; , sometimes transcribed as Joheung Bank) was a bank company headquartered in Seoul, South Korea. It was formed by the 1943 merger of Hanseong Bank (), established in 1897 and sometimes referred to as Korea's first bank, and Dong-il Bank (), originally established in 1906 as Hanil Bank (, not to be confused with the Hanil Bank, namesake South Korean Bank active between 1960 and 1999) and renamed in 1931. By the mid-1990s, Chohung Bank was one of the five most prominent banks in South Korea, together with Korea First Bank, Korea Commercial Bank, Hanil Bank, and Seoul Bank. It was negatively affected by the 1997 Asian financial crisis and eventually merged into Shinhan Financial Group in 2003-2006. Korean Empire and Japanese rule Hanseong Bank was established on . The Bank was successful because despite lending out money at twice the rate it borrowed it at, the bank's interest rates were still far lower than what could be obtained elsewhere in Korea at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Korea
The Bank of Korea (BOK; ) is the central bank of South Korea and issuer of South Korean won. It was established on 12 June 1950 in Seoul, South Korea. The bank's primary purpose is price stability. For that, the bank inflation targeting, targets inflation. The 2016–18 target is consumer price index, consumer price inflation of 2.0%. History 1950–1970 The Bank of Korea was established on under the Bank of Korea Act passed of , taking over assets and operations from the simultaneously liquidated Bank of Chōsen. It was given a wide range of functions in relation to monetary and financial policy, Banking regulation and supervision, banking supervision, and foreign exchange policy. The Korean War began only thirteen days after the bank was created, forcing the Head Office to relocate to Daejon, Daegu and Busan. It returned to Seoul after the Incheon landings. The bank's 89 boxes of silver and gold bullion was moved by the military to the Commander Fleet Activities Chinhae, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hana Bank
Hana Bank (), known from its initial establishment in 1971 to 1991 as Korea Investment Finance Corporation (), is one of South Korea's largest banks. It merged with Seoul Bank (est. 1959) in 2002, then with Korea Exchange Bank (est. 1967) in 2015, and was branded KEB Hana Bank from 2015 to 2019. It is a subsidiary of Hana Financial Group. Hana Bank is the largest and longest-running exchange bank in South Korea, with 40% of South Korea's foreign exchange market. Its exchange services include currency exchange and wire transfers. History The Korea Investment Finance Corporation was established in 1971, and changed its name to Hana Bank as it started banking operations in 1991. In 1998, it acquired Chungcheong Bank, which it rebranded as Chungcheong Hana Bank (later Hana Bank Chungcheong Business Group). In 1999, it merged with . In August 2002, it was announced that Seoul Bank, one of Korea's largest banks which had been determined as insolvent and taken into government owners ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
