SBI SAVINGS BANK, a savings bank established under the Mutual Savings Bank Act of South Korea, is a financial institution with strong ties to the communities it serves. The bank’s principal customers include low-income and middle-income individuals, self-employed individuals and small and medium-size enterprises. It engages in various businesses, including time deposits for individuals, consumer loans, real estate-backed loans for businesses and real estate project loans.
SBI SAVINGS BANK has 20 offices and branches in South Korea and serves customers nationwide through Financial digitalization such as our mobile banking platform, After the merger with its three subsidiaries in October 2014, SBI SAVINGS BANK ranks among the leaders in the Korean savings bank industry in total assets, deposits, and loans, and its market presence is growing increasingly.
The bank will continue to constantly change and grow in step with diversification of customer needs by providing meticulous, community-based services while also focusing on Financial digitalization by taking advantage of Internet channels, mobile banking platform as well as innovative fintech solutions.
