BNK Financial Group Inc. (Korean주식회사 BNK금융지주) is a financial holding company based in the Busan-South Gyeongsang region. It is one of the three regional financial holding companies in South Korea, alongside DGB Financial and JB Financial.[1]

BNK Financial Group Inc.
Native name
주식회사 BNK금융지주
FormerlyBS Financial Group
Company typePublic
KRX: 138930
IndustryFinancial services
FoundedMarch 2011; 13 years ago (2011-03)
Headquarters,
South Korea
SubsidiariesBusan Bank
Websiteeng.bnkfg.com

History

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BNK Financial Group was established as BS Financial Group in 2011. Busan Bank, a regional lender, was integrated with its affiliates, including BS Securities, BS Capital and BS Credit Information under the new financial holding company.[2] In 2014, BS Financial Group acquired Kyongnam Bank from Woori Financial.[3] After acquiring Kyongnam Bank, BS Financial was renamed BNK Financial in 2015.[4]

See also

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References

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  1. ^ "Korea's private equity firms mull jointly buying regional financial group". Maeil Business Newspaper. April 7, 2023.
  2. ^ "Busan Bank to set up holding firm this week". Yonhap. Seoul. March 14, 2011.
  3. ^ Kim, Sung-hee (April 14, 2016). "BNK establishes mobile banking service". Korea Joongang Daily.
  4. ^ "BS금융그룹 새 이름 'BNK'에 담긴 뜻은" [The meaning behind the new name of BS Financial Group, 'BNK']. Yonhap News Agency (in Korean). Busan. March 27, 2015.
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  • Official website
  • Business data for BNK Financial Group: