Overview

History

2018

  • Designated as the Hub Branch in China region

2017

  • Designated as the Managing Branch in China region

2016

  • Launched RMB/KRW direct exchange business

2015

  • Launched derivatives business

2011

  • Launched international settlement in Yuan in March

2009

    • Launched acceptance of commercial paper in June
    • Launched discounting of commercial paper in May
    • Launched personal deposit service in March
    • Moved the office to the 38th floor of the Shanghai World Financial Center (SWFC) in January

2007

  • Increased operating funds by 2.4 million Chinese Yuan (CNY) to a total of USD 35 million which is CNY 440 million, in September

2000

  • RMB operation service authorized for the first time for Korea-based banks in March

1999

  • Moved the office to Pudong in Shanghai in November

1996

  • Opened the Shanghai branch with operating funds of USD 40 million in April