South Korea · Financial institution
Suhyup Bank
Legal name in the LEI record수협은행
Suhyup Bank is a specialised bank in South Korea with its head office in Songpa-gu, Seoul. It is wholly owned by the National Federation of Fisheries Cooperatives (Suhyup). The bank offers loans, deposits, foreign exchange, insurance, trust, funds and cards. It also provides ship finance and finance for the marine and fisheries sector. It began operating as a separate legal entity on 1 December 2016, when the federation's credit business was spun off.
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
- NFFCKRSEXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under NFFCKRSE directly.
- Swift GPI
- Not on the member list
- 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
- None: head-office BIC only
- BIC first registered
- 1992-03-02
- Last updated
- 2026-07-22
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
100% National Federation of Fisheries Cooperatives (Suhyup)
Institution type
Commercial bank
Trades as Sh Suhyup Bank (Sh수협은행)
- Ownership
- The National Federation of Fisheries Cooperatives holds 100% of the shares.
- Direct parent
- National Federation of Fisheries Cooperatives (Suhyup), South Korea 100%
- Major shareholder
- National Federation of Fisheries Cooperatives 100%
- Head office
- 62, Ogeum-ro, Songpa-gu, 05510 Seoul, South Korea
Business lines
The bank describes itself as Korea's "representative maritime and fishery bank". Its activities include ship finance, shipping logistics and port-related infrastructure finance.
Online
- Websites & references
- suhyup-bank.com ↗
biz.suhyup-bank.com ↗ corporate internet banking site
Wikipedia ↗ - Official social accounts
- Facebook ↗ · Instagram ↗ · YouTube ↗ · Naver Blog ↗
Sources · 17 pages consulted
- suhyup.co.kr/suhyup-en/773/subview.do
- suhyup-bank.com/
- suhyup-bank.com/ib20/mnu/PBM00015
- suhyup-bank.com/ib20/mnu/PBM00551
- biz.suhyup-bank.com/ib20/mnu/CBM00016
- fnnews.com/news/202609221901172683
- fnnews.com/news/202609071818183362
- huffingtonpost.kr/article/260734
- daily.hankooki.com/news/articleView.html?idxno=1401602
- alphabiz.co.kr/news/articleView.html?idxno=190160
- mt.co.kr/finance/2026/07/27/2026072715404855626
- biz.newdaily.co.kr/site/data/html/2026/09/18/2026091800253.html
- dailian.co.kr/news/view/1692183/%EC%88%98%ED%98%91%EC%9D%80%ED%96%89%EC%9E%A5-2%ED%8C%8C%EC%A0%84-%EC%9
- asiaa.co.kr/news/articleView.html?idxno=233231
- bloter.net/news/articleView.html?idxno=673156
- fntimes.com/html/view.php?ud=202412021641156748b4a7c6999c_18
- en.namu.wiki/w/Sh%EC%88%98%ED%98%91%EC%9D%80%ED%96%89
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Shin Hak-ki (신학기) President and CEO (은행장). The term ends 17 November 2026 and the selection of a successor is pending.
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- South Korea
- Financial Services Commission Prudential supervisorConductResolution
- South Korea
- Financial Supervisory Service Prudential supervisorConduct
- South Korea
- Korea Financial Intelligence Unit AML supervisor
- South Korea
- Bank of Korea Central bank
Recent events 2 enforcement or investigation items
Researched 29 Sep 2026 · Sources
-
Leadership
The bank's CEO recommendation committee did not agree on a final candidate. The incumbent CEO's term ends on 17 November 2026.
huffingtonpost.kr ↗ -
Enforcement
The Korea Financial Intelligence Unit notified the bank of a fine of about KRW 1 billion for breaching enhanced customer due diligence obligations.
biz.newdaily.co.kr ↗ -
Enforcement
The Financial Supervisory Service fined the bank KRW 40 million for breaching electronic financial transaction security obligations.
asiaa.co.kr ↗ -
Merger / acquisition
The bank completed its acquisition of Trinity Asset Management and launched it as Sh Suhyup Asset Management.
bloter.net ↗ -
Leadership
The bank's shareholder meeting appointed three new outside directors, with terms ending on 30 November 2026.
fntimes.com ↗
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
- NFFCKRSEXXX
- How the BIC breaks down
- NFFCBank
- KRCountry · South Korea
- SELocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 9884007XHIYD533HQV15
- 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
- OGEUM- RO 62,SONGPA- GU,SINCHEON- DONG SEOUL 05510 KOREA, REPUBLIC OF
- Operational address
- SONGPA- GU SINCHEON- DONG OGEUM-RO SONGPA-GU SINCHEON- DONG62 SEOUL 05510 SEOUL 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>NFFCKRSEXXX</BICFI>
<LEI>9884007XHIYD533HQV15</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>NFFCKRSEXXX</BICFI>
<LEI>9884007XHIYD533HQV15</LEI>
<Nm>SUHYUP BANK</Nm>
<PstlAdr>
<TwnNm>SEOUL</TwnNm>
<Ctry>KR</Ctry>
<AdrLine>OGEUM- RO 62, SONGPA- GU, SINCHEON- DONG SEOUL 05510</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.
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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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