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citibank korea inc- gdr 144a (CBKKY) Snapshot

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citibank korea inc- gdr 144a (CBKKY) Details

Citibank Korea Inc. provides various financial products and services primarily in South Korea. The company offers various deposit products, including FX deposits, savings account, installment savings deposits, and time deposits; personal loans, such as unsecured credit loans for employed workers, and doctor loans; and mortgage housing loans, as well as credit cards. It also provides offshore and onshore investment products, trust services, insurance products, and transfer and bill payment services; money exchange and remittance services; and Internet and mobile banking services. In addition, the company is involved in the collection/credit investigation activities. It operates through 129 branches and 5 business offices, as well as 3,800 ATMs. The company was founded in 1981 and is headquartered in Seoul, South Korea. Citibank Korea Inc. operates as a subsidiary of Citigroup Korea Inc.

Founded in 1981

citibank korea inc- gdr 144a (CBKKY) Top Compensated Officers

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Compensation as of Fiscal Year 2015.

citibank korea inc- gdr 144a (CBKKY) Key Developments

Citibank Korea Names Myung-Soon Yoo as Head of Corporate Banking Effective June 1, 2015

Citibank Korea has named Myung-Soon Yoo to the position of head of corporate banking. The appointment is effective from June 1, 2015. She was head of corporate banking and country branch manager at JP Morgan Seoul, and has 28 years of experience.

Citibank Korea Inc. Announces Management Changes

Citibank Korea Inc. announced that Ha Yung-ku has left the position, he had held for a decade to seek to become the chairman of KB Financial Group Inc. The company's board and shareholders on October 27 approved the appointment of Park Jin-hei, previously a senior executive vice president overseeing Citibank Korea's corporate banking group, as CEO and chairman.

Citibank Korea Inc. Confirms Departure of Ha Yung-Ku as Chairman and CEO

Citibank Korea Inc. announced that the Chairman and CEO Ha Yung-ku confirmed on Oct. 14 that he plans to leave the firm. According to the bank he told the board of directors he plans to resign regardless of the outcome of the chairman selection process at KB Financial Group Inc. He was picked as a candidate to become head of KB Financial.


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