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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 ...
Bank of America was ranked No. 25 on the 2020 Fortune 500 rankings of the largest US corporations by total revenue. [10] Likewise, Bank of America was also ranked No. 6 on the 2023 Global 2000 rankings done by Forbes. [11] Bank of America was named the "World's Best Bank" by the Euromoney Institutional Investor in its 2018 Awards for Excellence ...
The Global ATM Alliance is a joint venture of several major international banks that allows customers of their banks to use their automated teller machine (ATM) card or debit card at another bank within the alliance with no international ATM access fees. Other fees, such as an international transaction or foreign currency fee, may still apply ...
The Korean American (KorAm) Bank was founded in March 1983, [3]: 60 as a joint venture in which Bank of America held 50.1 percent with the rest of the capital being shared between 13 major Korean companies. [4] In 2003, KorAm Bank was acquired by Citibank. [5] [6]
Krung Thai Bank (No.2 bank and Government Enterprise in Thailand) Land & Houses Bank; Siam Commercial Bank (No. 3 bank in Thailand) Standard Chartered Bank (Thai) TMBThanachart Bank (No. 5 bank in Thailand, formerly Thai Military Bank and "TMB Bank") Tisco Bank; United Overseas Bank (Thai) (Formed by the merger of Bank of Asia and UOB Radanasin)
Seoul Bank (Korean: 서울은행), known from 1976 to 1995 as Seoul Trust Bank (서울신탁은행), 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 . [ 1 ]
Gwangtonggwan was built in 1909 originally as a head office for Daehan Cheon-il Bank and Suhyeongjohap. [3] Daehan Cheon-il Bank, established in 1899 and supported by the Emperor Gojong of the Korean Empire, was a Korean bank aimed to preserve Korea's national capital assets against the growing influences of the Japanese banks over Korea's finances.
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.