Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Private Capital Markets

<ul>
<li>K Bank is the first Internet-only bank in Korea. K Bank is the second largest Internet bank in Korea after KakaoBank (323410 KS).</li>
<li>K Bank had revenues of 282.1 billion won (up 263.6% YoY) and operating profit of 24.5 billion won (turned black YoY) in 2021.</li>
<li>The recent declines in major cryptocurrencies are likely to have a negative impact on K Bank which could delay its IPO until 2023.</li>
</ul>


K Bank is the first Internet-only bank in Korea. K Bank is the second largest Internet bank in Korea after KakaoBank (323410 KS).
K Bank had revenues of 282.1 billion won (up 263.6% YoY) and operating profit of 24.5 billion won (turned black YoY) in 2021.
The recent declines in major cryptocurrencies are likely to have a negative impact on K Bank which could delay its IPO until 2023.


K Bank: The First Internet-Only Bank In Korea

South Korea

K Bank Co. Ltd. operates banking businesses. The Company provides deposits, withdrawals, loans, and other services. K Bank conducts businesses in South Korea.

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K Bank (279570 KS)

K Bank: The First Internet-Only Bank In Korea

K Bank is the second largest Internet bank in Korea. K Bank had revenues of 282.1 billion won (up 263.6% YoY) and operating profit of 24.5 billion...

Douglas Kim

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