BNK Financial Group Inc. is a financial holding company based in the Busan-South Gyeongsang region. It is one of the three regional financial holding companies in South Korea, alongside DGB Financial and JB Financial Group.[1]
History
BNK Financial Group was established as BS Financial Group in 2011. Busan Bank, a regional lender, was integrated with its affiliates, including BS Securities, BS Capital and BS Credit Information under the new financial holding company.[2] In 2014, BS Financial Group acquired Kyongnam Bank from Woori Financial.[3] After acquiring Kyongnam Bank, BS Financial was renamed BNK Financial in 2015.[4]