DGB Financial Group

{{short description|South Korean financial services company}}

{{Infobox company

| name = IM Financial Group Co., Ltd.

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| image = Daegu Bank Head Office.JPG

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| native_name = 주식회사 IM금융지주

| native_name_lang = ko

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| type = Public

| traded_as = {{kse|139130}}

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| industry = Financial services

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| founded = {{Start date and age|2011|05|17}}

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| hq_location_city = Daegu

| hq_location_country = South Korea

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| subsid = IM Bank

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https://www.imfngroup.com/ }}

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IM Financial Group Co., Ltd. (IMFG; {{Korean |hangul=주식회사 IM금융지주}}) is financial holding company headquartered in Daegu, South Korea. Its flagship company, IM Bank, is one of the largest regional banks in the country, mostly serving customers in the Daegu-Gyeongbuk region.

History

The group was founded on May 17, 2011, upon the Financial Supervisory Service's approval for the establishment of a financial holding company for Daegu Bank and its two arms, Daegu Credit Information and Kardnet (now DGB U-Pay).{{cite news |last=Park |first=Anna J. |date=December 24, 2022 |title=Why does Suhyup look to DGB as role model? |url=https://koreatimes.co.kr/www/biz/2022/11/126_340490.html |work=The Korea Times |location= |access-date=}} After the establishment, DGB acquired Woori Aviva Life Insurance from Nonghyup Financial Group in 2015{{cite news |author= |date=September 4, 2014 |title=NongHyup to sell Woori Aviva to DGB Financial Group |url=https://en.yna.co.kr/view/AEN20140904008600320 |work=Yonhap |location=Seoul |access-date=}} and took over HI Investment & Securities from Hyundai Heavy Industries Group in 2018.{{cite news |last1=Chung |first1=Seung-hwan |last2=Choi |first2=Mira |date=November 3, 2017 |title=DGB Financial Group to take over HI Investment & Securities for $400 mn |url=https://pulsenews.co.kr/view.php?year=2017&no=729334 |work=Maeil Business Newspaper |location= |access-date=}}

Relationship with United Nations

DGB Financial Group first joined the United Nations Global Compact on July 18, 2006, to support ten universal values in the areas of labour, human rights, environmental protection, and anti-corruption. The company signed the United Nations Environment Programme (UNEP) statement on September 27, 2006.{{Cite web|title=DGB Financial Group – United Nations Environment – Finance Initiative|url=https://www.unepfi.org/member/dgb-financial-group/|access-date=2021-05-20|language=en-GB}}

See also

References

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