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Brief History

Citi, it’s different
Brief History of Citibank Korea (Inc.)

1989
  • 08Paid in capital increases to KRW 80 billion
  • 10Paid in capital increases to KRW 120 billion. KorAm Bank goes IPO
  • 11KorAm lists its shares on Korea Stock Exchange
1988
  • 07Paid in capital increases to KRW 60 billion
1987
  • 06Lee, Sang-Keun becomes the third CEO of KorAm Bank
1983
  • 03Official license for banking business is approved, and the name of the company changes to KorAmBank Inc.
  • 03KorAm Bank is established (41, Insadong 5-gil, Jongno-gu, Seoul). Kim, Man-Je is appointed the first CEO of KorAm Bank
  • 12Hwang, Chang-Ki becomes the second CEO of KorAm Bank
1982
  • 09Preliminary license for banking business is approved by the Monetary Policy
1981
  • 09KorAm Financial Company Inc. is established under the leadership of Korea Chamber of Commerce
1978
  • Awarded “Sungnye Medal”, the Order of Diplomatic Service Merit from the Korean government
1967
  • Started Institutional Clients Group business