Standard Chartered Korea
 | |
| Company type | Public company |
|---|---|
| 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)
| Divisions and subsidiaries |  | |
|---|---|---|
| Predecessors | ||
| Places | ||
| Management |
| |
| Sponsorships | ||
| Other | ||
| Central bank | |||||||
|---|---|---|---|---|---|---|---|
| Specialized bank | |||||||
| Commercial bank |
| ||||||
 | This Asian bank-related article is a stub. You can help Wikipedia by expanding it. |
 | This article about a South Korean company is a stub. You can help Wikipedia by expanding it. |