Type: Public
On the web: http://www.keb.co.kr

Korea Exchange Bank (KEB) is Korea's largest foreign exchange bank, providing trades in approximately 40 global currencies. The consumer-oriented bank also offers loans and deposits, credit cards, insurance, investments, and private banking services. Its corporate banking services include futures trading, lease financing, and lending. KEB has some more than 300 domestic branches, plus more than 30 locations abroad. Founded in 1967 as a government-owned institution, the bank is controlled by US-based Lone Star Funds, which acquired a majority stake in 2003. Lone Star, which had been thwarted in two previous attempts, is selling its interest to another Korean financial institution, Hana Bank.

Officers:
CEO: Larry A. Klane
Senior Managing Director Finance and CFO: Suh Choong Suk
Managing Director Information and Technology: Chan Woong Jang

Competitors:
Citigroup
KB Financial Group
Woori

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