Standard Chartered Korea
 | |
| Company type | Public |
|---|---|
| Industry | Financial |
| Founded | 1929 |
| Headquarters | Seoul, South Korea |
Key people | Park Jong-Bok (CEO) |
| Products | Financial services |
| Parent | Standard Chartered |
| Website | www.standardchartered.co.kr |
Standard Chartered Korea (officially Standard Chartered Bank Korea Limited, formerly SC First Bank, Hangul: SC제일은행) is a banking and financial services company headquartered in Seoul, South Korea and a wholly owned subsidiary of Standard Chartered. It was created by the acquisition of the former Korea First Bank by Standard Chartered in 2005.
History
[edit]By the 1990s, Korea First Bank had become one of the five largest commercial banks in South Korea, together with Chohung Bank, Korea Commercial Bank, Hanil Bank, and Seoul Bank.[1] It fell into financial trouble during the 1997 Asian financial crisis.[2] It was acquired by Standard Chartered in 2005.[3]
See also
[edit]
References
[edit]- ^ Suh Kyoung-ho (21 February 2023). "Profit vs. public obligations". Korea JoongAng Daily.
- ^ "'조상제한서'의 몰락…반세기 '은행 不死' 신화 무너지다". 8 March 2019.
- ^ Unknown Title[permanent dead link]
External links
[edit]- SC Bank Korea Homepage (in Korean)
- SC Bank Korea Homepage (in English)
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