BNK Financial Group

{{Short description|South Korean financial holding company}}

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{{notability|Corp|date=April 2023}}

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{{Infobox company

| name = BNK Financial Group Inc.

| logo = BNK Financial Group logo 01.png

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| native_name = 주식회사 BNK금융지주

| native_name_lang = ko

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| former_name = BS Financial Group

| type = Public

| traded_as = {{kse|138930}}

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| industry = Financial services

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| founded = {{Start date and age|2011|03}}

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| hq_location_city = Busan

| hq_location_country = South Korea

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| subsid = Busan Bank

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| website = {{URL|eng.bnkfg.com/main/main.jsp|eng.bnkfg.com}}

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BNK Financial Group Inc. ({{Korean |hangul=주식회사 BNK금융지주}}) is a financial holding company based in the Busan-South Gyeongsang region. It is one of the three regional financial holding companies in South Korea, alongside DGB Financial and JB Financial.{{cite news |author= |date=April 7, 2023 |title=Korea's private equity firms mull jointly buying regional financial group |url=https://pulsenews.co.kr/view.php?sc=30800021&year=2023&no=269613 |work=Maeil Business Newspaper |location= |access-date=}}

History

BNK Financial Group was established as BS Financial Group in 2011. Busan Bank, a regional lender, was integrated with its affiliates, including BS Securities, BS Capital and BS Credit Information under the new financial holding company.{{cite news |author= |date=March 14, 2011 |title=Busan Bank to set up holding firm this week |url=https://en.yna.co.kr/view/AEN20110314010400320?section=search |work=Yonhap |location=Seoul |access-date=}} In 2014, BS Financial Group acquired Kyongnam Bank from Woori Financial.{{cite news |last=Kim |first=Sung-hee |date=April 14, 2016 |title=BNK establishes mobile banking service |url=https://koreajoongangdaily.joins.com/2016/04/14/finance/BNK-establishes-mobile-banking-service/3017564.html |work=Korea Joongang Daily |location= |access-date=}} After acquiring Kyongnam Bank, BS Financial was renamed BNK Financial in 2015.{{cite news |author= |date= March 27, 2015 |title=BS금융그룹 새 이름 'BNK'에 담긴 뜻은 |trans-title=The meaning behind the new name of BS Financial Group, 'BNK' |url=https://www.yna.co.kr/view/AKR20150327051700051 |language=ko |work=Yonhap News Agency |location=Busan |access-date=}}

See also

References

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