bullish
K Bank: The First Internet-Only Bank In Korea
486 Views01 Jul 2022 14:53
SUMMARY
- 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.
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Discussions
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- K Bank: The First Internet-Only Bank In Korea01 Jul 2022
- Kakao Bank: Market Share Losses to Other Internet Banks & More Loans to Less Creditworthy Customers30 May 2022
- KT Corp: Near 6% Dividend Yield, Stock Swap with Shinhan Bank, IPO of K-Bank, & Shift to Value22 Jan 2022
- Toss Bank - Receives Final Govt Approval to Become the 3rd Internet Bank in Korea09 Jun 2021
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