Standard Chartered Korea
South Korean financial services company
 | |
| Company type | Public company |
|---|---|
| Industry | Financial |
| Founded | 1929; 95 years ago (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
The bank started as Joseon Deposit Bank (조선저축은행) in 1929.[1] In May of 1950, it changed its name to Korea Deposit Bank (한국저축은행).[2] In 1954, it made an acquisition of branches of the Korean Bank for Nurturing Industries (한국식산은행; a predecessor to Korea Development Bank).[3] The bank was nationalized in 1961 by the military government. It became one of the 5 largest commercial banks in South Korea but it fell into financial trouble during the 1997 Asian financial crisis.[4] It was acquired by Standard Chartered in 2005.[5]
See also
Banks portal
- Economy of South Korea
- List of Banks in South Korea
- Standard Chartered
References
- ^ "Sc제일은행 박종복 은행장, 사람 냄새 나는 박 행장에게 없는 것 한 가지는?". 30 December 2019.
- ^ "제일은행명 'Sc제일은행'으로".
- ^ "[금융여지도] 한국스탠다드차타드금융지주 'SC' 달기까지…ⓛ 경제사 담화".
- ^ "'조상제한서'의 몰락…반세기 '은행 不死' 신화 무너지다". 8 March 2019.
- ^ https://encykorea.aks.ac.kr/Contents/CategoryNavi?category=field&keyword=%EA%B2%BD%EC%A0%9C%C2%B7%EC%82%B0%EC%97%85/%EA%B2%BD%EC%A0%9C&ridx=630&tot=637 [dead link]
External links
- SC Bank Korea Homepage (in Korean)
- SC Bank Korea Homepage (in English)
- v
- t
- e
Standard Chartered
subsidiaries
| Current |
|
|---|---|
| Former |
- American Express Bank
- Bank of British West Africa
- Chartered Bank of India, Australia and China
- Colesberg Bank
- Grindlays Bank
- Hsinchu International Bank
- P&O Bank
- Eastern Bank
- Standard Bank
- Union Bank
- José Viñals (Group Chairman)
- Bill Winters (Group Chief Executive)
- Seeing is Believing
- 1Nationalized 2Spun off 3Sold
Category
Commons
| |||||||
|---|---|---|---|---|---|---|---|
| Central bank | |||||||
| Specialized bank | |||||||
| Commercial bank |
| ||||||
| |||||||
 | This Asian bank-related article is a stub. You can help Wikipedia by expanding it. |
- v
- t
- e
 | This article about a South Korean company is a stub. You can help Wikipedia by expanding it. |
- v
- t
- e
