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K Bank launched in 2017, when both KT and Kakao were given licenses to launch Internet-only banks in Korea. [2] These two became the first new banks to launch in two decades. [3]
Shinhan Bank Co., Ltd. (Korean: 주식회사 신한은행; RR: Jusikhoesa Sinhan Eunhaeng) is a bank headquartered in Seoul, South Korea.It was founded under that name in 1982, but through its merger with Chohung Bank in 2006, traces its origins to the Hanseong Bank (est. 1897), one of the first banks to be established in Korea.
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).
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Woori Bank traces its origins to the establishment of Daehan Cheon-il Bank in 1899, subsequently renamed Joseon Commercial Bank in 1911 and Korea Commercial Bank in 1950. . Woori Bank's Jongno branch is located in the Gwangtonggwan building, which is considered the oldest continuously operating bank building in Korea.