[Photo: K Bank]

The Korea Exchange’s Stock Market Division said on Jan. 12 it has ruled K Bank eligible following a preliminary review for a new listing.

K Bank is an internet-only bank founded in January 2016. On a standalone basis, it posted 1.23 trillion won in operating revenue and 133.0 billion won in operating profit in 2024.

Its largest shareholder, BC Card, currently holds a 33.7 percent stake.

After the preliminary listing review, procedures such as bookbuilding and setting an offer price will follow.

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#K Bank #Korea Exchange #KOSPI #BC Card
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