- CEO
- Woo-Hyung Choi
- Full Time Employees
- 635
- Sector
- Finance
- Industry
- Regional banks
- Address
- Seoul South Korea
- IPO Date
- Mar 5, 2026
- Business
- K Bank Co., Ltd. is a South Korea-based digital-only commercial bank that provides branchless retail and business banking services through proprietary mobile platforms. Founded in 2016 and headquartered in Seoul, South Korea, the company operates as the nation's first internet-only bank, operating under the financial backing and affiliation of BC Card Co., Ltd., a subsidiary of KT Corporation. The bank provides digital financial solutions to retail consumers, self-employed individuals, and small-to-medium enterprises across South Korea.
The company's primary products and services comprise personal deposit and savings products, including flexible demand deposit accounts, high-yield parking accounts, time deposits, and recurring installment savings plans; consumer lending solutions, including unsecured personal credit loans, mid-rate loans for subprime borrowers, micro-credit overdrafts, fully non-face-to-face apartment mortgage loans, and jeonse residential lease deposit loans; corporate and sole proprietorship financing, including tailored business operating loans and government-guaranteed commercial facilities; payment and transaction services, including proprietary debit cards, co-branded credit cards, open banking integration, domestic automated transfers, and international remittance; and integrated platform financial services, including real-name digital asset exchange verification accounts, securities account brokerage, foreign exchange services, and bancassurance product distribution.
In recent developments, K Bank Co., Ltd. has pursued a public listing on the Korea Exchange under ticker 279570 to expand its capital base and support continued asset growth. The company has renewed its core strategic partnership with Dunamu to provide fiat deposit and withdrawal verification services for the Upbit cryptocurrency exchange. To balance its asset portfolio, the bank has strategically diversified away from unsecured consumer credit by scaling its non-face-to-face mortgage and SME loan divisions. Furthermore, the institution has upgraded its proprietary credit evaluation engine with alternative big data from telecommunications and merchant payment networks, while expanding its platform banking ecosystem through partnerships in insurance brokerage, fractional asset investment, and co-branded credit products.