South Korea · Financial institution

Kyongnam Bank

Legal name in the LEI record경남 은행

Kyongnam Bank Co., Ltd. is a South Korean regional commercial bank. Its head office is in Changwon, South Gyeongsang Province, and it trades as BNK Kyongnam Bank. Founded in 1970, it has been a wholly owned subsidiary of BNK Financial Group since a comprehensive share exchange in 2015 ended its stock-market listing. It serves retail, SME and corporate customers, mainly in South Gyeongsang and Ulsan.

BICKYNAKR22XXX LEI213800PL9UJMEOI4DN65 Licence no.Not on a tracked register Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of KYNAKR22 marks reverse billing. Swift GPI live member 1 branch code Claim this profile

Licences and registrations

Matched by LEI on the 22 tracked registers

None matched by LEI in the 22 tracked registers.

  • The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.

Swift network

Swift’s ISO 9362 BIC directory

BIC
KYNAKR22XXX head office
Connection to Swift
Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of KYNAKR22 marks reverse billing.
Swift GPI
Live member
Payment schemes and systems
No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
Branch codes
1 branch code
BIC first registered
1992-03-02
Last updated
2024-02-27

Overview

Researched 29 Sep 2026 · Sources

Total assets

Not published

Employees

Not published

Ownership

Group subsidiary

100% BNK Financial Group Inc.

Institution type

Commercial bank

Trades as BNK Kyongnam Bank (BNK경남은행)

Standing
In November 2024 the Financial Services Commission suspended the bank from new real-estate project-finance lending for six months. The suspension followed an employee embezzlement case. The bank's other banking activities continued.
Ownership
BNK Financial Group Inc. holds 100% of the shares, following a comprehensive share exchange completed in 2015.
Direct parent
BNK Financial Group Inc., South Korea 100%
Head office
642, 3·15-daero, Masanhoewon-gu, 51316 Changwon-si, South Korea
Company register
Business registration number 608-86-04478
Former name
KNB Financial Group Co., Ltd.

Business lines

  • SME banking
  • Corporate banking
  • Retail banking
  • Mortgage lending
  • Cards
  • Private banking & wealth
  • Trade finance

According to a May 2026 KIS Rating report, corporate loans made up 66.8% of the bank's KRW loans, and the bank has no overseas branches or subsidiaries.

Online

Websites & references
knbank.co.kr ↗
Official social accounts
Facebook ↗ · Instagram ↗ · YouTube ↗ · Naver Blog ↗ · KakaoTalk channel ↗
Sources · 16 pages consulted
  1. knbank.co.kr/ib20/mnu/BHPBKI010400000
  2. knbank.co.kr/ib20/mnu/BHPBKI050201000
  3. knbank.co.kr/
  4. bnkfg.com/01/0707.jsp
  5. eng.bnkfg.com/
  6. eng.bnkfg.com/02/07.jsp?dataSeqNo=6925
  7. eng.bnkfg.com/02/01.jsp?dataSeqNo=6924
  8. eiec.kdi.re.kr/policy/materialView.do?num=242941
  9. news.knn.co.kr/news/article/165785
  10. hankyung.com/article/2025012240576
  11. gnnews.co.kr/news/articleView.html?idxno=607506
  12. idomin.com/news/articleView.html?idxno=933440
  13. knnews.co.kr/news/articleView.php?idxno=1551733
  14. mt.co.kr/society/2025/07/03/2025070314132045155
  15. m.kisrating.com/fileDown.do?menuCd=R8&gubun=2&fileName=rs20260521-75.pdf
  16. fntimes.com/html/view.php?ud=2026072817052163555e6e69892f_18

Leadership

Researched 29 Sep 2026 · Sources

Chief executive
Kim Tae-han (김태한) President and CEO (은행장), 16th President; term ends 31 December 2026 Confirmed 29 Sep 2026 · knbank.co.kr ↗
Executive
Jang Jin-taek (장진택) Standing Audit Committee Member (상임감사위원) Confirmed 29 Sep 2026 · knbank.co.kr ↗
Executive
Choi Jae-young (최재영) Senior Executive Vice President (부행장), concurrently at BNK Busan Bank Confirmed 29 Sep 2026 · knbank.co.kr ↗

Supervisors & regulators

Researched 29 Sep 2026 · Sources

South Korea
Financial Services Commission OtherConductAML supervisor
South Korea
Financial Supervisory Service Prudential supervisorConductAML supervisor
South Korea
Bank of Korea Central bank

Recent events 4 enforcement or investigation items

Researched 29 Sep 2026 · Sources

  1. Leadership

    BNK Financial Group started the process of choosing the bank's next president, because Kim Tae-han's term ends on 31 December 2026.

    knnews.co.kr ↗
  2. Incident

    The Supreme Court upheld a 35-year prison sentence for a former head of the bank's investment finance department for embezzling bank funds.

    mt.co.kr ↗
  3. Leadership

    Kim Tae-han took office as the bank's 16th president on 1 April 2025. He succeeded Ye Kyung-tak.

    gnnews.co.kr ↗
  4. Enforcement

    The Securities and Futures Commission resolved to impose a KRW 3.5 billion penalty surcharge on the bank for accounting violations in its 2021 financial statements.

    hankyung.com ↗
  5. Enforcement

    The Financial Services Commission imposed a six-month partial suspension of new project-finance lending and a KRW 380 million fine over embezzlement-related control failures.

    news.knn.co.kr ↗
  6. Investigation

    The Financial Supervisory Service announced that an employee in project-finance lending had embezzled KRW 298.8 billion, counting repeated rollovers of the same funds.

    eiec.kdi.re.kr ↗

Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.

Identifiers

Head-office record

BIC
KYNAKR22XXX
How the BIC breaks down
  1. KYNABank
  2. KRCountry · South Korea
  3. 22Location · reverse billing
  4. XXXBranch · head office
Branch description
Not recorded in the directory
LEI
213800PL9UJMEOI4DN65
LEI record
View on GLEIF ↗
How the LEI was matched
BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.

Profile

Type
Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
Regulation
Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Register licences
None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Country · region
South Korea · East Asia & Pacific
Trading venues (MIC)
No MIC registered under this LEI list of 2026-09-17
OFAC sanctions
No listing cites this BIC
EU sanctions
No listing matched this BIC or its LEI
Country sanctions
No country programme

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.

Ownership and group

GLEIF relationship records

GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.

Addresses

Registered address
DAERO 3.15 MASANHOEWON- GU642 CHANGWON- SI, GYEONGSANGNAM- DO CHANGWON 51316 18 KOREA, REPUBLIC OF
Operational address
3.15- DAERO, MASANHOEWON- GU642 CHANGWON- SI, GYEONGSANGNAM- DO CHANGWON 51316 CHANGWON POB 18 KOREA, REPUBLIC OF

ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

Identified by
BIC, with its LEI
Roles in CBPR+
Any agent, including the instructing and instructed agents

CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

<FinInstnId>
  <BICFI>KYNAKR22XXX</BICFI>
  <LEI>213800PL9UJMEOI4DN65</LEI>
</FinInstnId>

Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

<FinInstnId>
  <BICFI>KYNAKR22XXX</BICFI>
  <LEI>213800PL9UJMEOI4DN65</LEI>
  <Nm>KYONGNAM BANK</Nm>
  <PstlAdr>
    <TwnNm>CHANGWON</TwnNm>
    <Ctry>KR</Ctry>
    <AdrLine>DAERO 3.15 MASANHOEWON- GU642 CHANGWON- SI</AdrLine>
    <AdrLine>GYEONGSANGNAM- DO CHANGWON 51316 18</AdrLine>
  </PstlAdr>
</FinInstnId>

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

Network

Branch codes

BICBranchCityAddressLEIUpdated
KYNAKR22ITL INTERNATIONAL DEPARTMENT SEOUL Seoul GEUMSEGI FLOOR 13 MUGYO- RO6 JUNG- GU SEOUL 04523 SEOUL KOREA, REPUBLIC OF — 2024-02-27

See every BIC in South Korea →

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Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

Read the methodology →

Credits for this page

  • Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.

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