---
title: "Suhyup Bank SWIFT/BIC code NFFCKRSEXXX · South Korea | Elucidate"
description: "SWIFT/BIC code NFFCKRSEXXX for Suhyup Bank, South Korea. Head-office BIC, LEI 9884007XHIYD533HQV15, addresses and Swift connectivity."
url: https://elucidate.co/directory/suhyup-bank-nffckrse
---
1. [Directory](https://elucidate.co/directory)
2. [South Korea](https://elucidate.co/directory/country/kr)
3. Suhyup Bank
South Korea · Financial institution
# Suhyup Bank
Legal name in the LEI record 수협은행
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.
BIC **NFFCKRSEXXX** LEI **[9884007XHIYD533HQV15](https://search.gleif.org/#/record/9884007XHIYD533HQV15)** Licence no. **Not on a tracked register** Connected to Swift Head-office BIC only [Claim this profile](https://elucidate.co/directory/suhyup-bank-nffckrse#claim)
## 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 Swift
- **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](https://elucidate.co/directory/suhyup-bank-nffckrse#overview-sources)
Total assets
KRW 70tn
This entity · 30 Jun 2026 · [interim report ↗](https://www.mt.co.kr/finance/2026/07/27/2026072715404855626)
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
- Retail banking
- Corporate banking
- SME banking
- Transaction banking & payments
- Cards
- Trade finance
- Insurance
- Other
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 ↗](https://www.suhyup-bank.com/) [biz.suhyup-bank.com ↗](https://biz.suhyup-bank.com/) corporate internet banking site [Wikipedia ↗](https://ko.wikipedia.org/wiki/%EC%88%98%ED%98%91%EC%9D%80%ED%96%89)
- **Official social accounts:** [Facebook ↗](https://www.facebook.com/suhyupbank) · [Instagram ↗](https://www.instagram.com/suhyupbank_official) · [YouTube ↗](https://www.youtube.com/channel/UC7kw9TKPDEmNDen8o2sPGLg) · [Naver Blog ↗](http://blog.naver.com/suhyup_bank)
Sources · 17 pages consulted
1. [suhyup.co.kr/suhyup-en/773/subview.do](https://www.suhyup.co.kr/suhyup-en/773/subview.do)
2. [suhyup-bank.com/](https://www.suhyup-bank.com/)
3. [suhyup-bank.com/ib20/mnu/PBM00015](https://www.suhyup-bank.com/ib20/mnu/PBM00015)
4. [suhyup-bank.com/ib20/mnu/PBM00551](https://www.suhyup-bank.com/ib20/mnu/PBM00551)
5. [biz.suhyup-bank.com/ib20/mnu/CBM00016](https://biz.suhyup-bank.com/ib20/mnu/CBM00016)
6. [fnnews.com/news/202609221901172683](https://www.fnnews.com/news/202609221901172683)
7. [fnnews.com/news/202609071818183362](https://www.fnnews.com/news/202609071818183362)
8. [huffingtonpost.kr/article/260734](https://www.huffingtonpost.kr/article/260734)
9. [daily.hankooki.com/news/articleView.html?idxno=1401602](https://daily.hankooki.com/news/articleView.html?idxno=1401602)
10. [alphabiz.co.kr/news/articleView.html?idxno=190160](https://www.alphabiz.co.kr/news/articleView.html?idxno=190160)
11. [mt.co.kr/finance/2026/07/27/2026072715404855626](https://www.mt.co.kr/finance/2026/07/27/2026072715404855626)
12. [biz.newdaily.co.kr/site/data/html/2026/09/18/2026091800253.html](https://biz.newdaily.co.kr/site/data/html/2026/09/18/2026091800253.html)
13. [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](https://www.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%95%95%EC%B6%95%EC%9D%B4%ED%95%B4%EC%B6%A9%EB%8F%8C-%ED%95%B5%EC%8B%AC-2026)
14. [asiaa.co.kr/news/articleView.html?idxno=233231](https://www.asiaa.co.kr/news/articleView.html?idxno=233231)
15. [bloter.net/news/articleView.html?idxno=673156](https://www.bloter.net/news/articleView.html?idxno=673156)
16. [fntimes.com/html/view.php?ud=202412021641156748b4a7c6999c\_18](https://www.fntimes.com/html/view.php?ud=202412021641156748b4a7c6999c_18)
17. [en.namu.wiki/w/Sh%EC%88%98%ED%98%91%EC%9D%80%ED%96%89](https://en.namu.wiki/w/Sh%EC%88%98%ED%98%91%EC%9D%80%ED%96%89)
## Leadership
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/suhyup-bank-nffckrse#overview-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. Confirmed 22 Sep 2026 · [fnnews.com ↗](https://www.fnnews.com/news/202609221901172683)
## Supervisors & regulators
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/suhyup-bank-nffckrse#overview-sources)
- **South Korea:** Financial Services Commission Prudential supervisor Conduct Resolution
- **South Korea:** Financial Supervisory Service Prudential supervisor Conduct
- **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](https://elucidate.co/directory/suhyup-bank-nffckrse#overview-sources)
1. Sep 2026
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 ↗](https://www.huffingtonpost.kr/article/260734)
2. Mar 2026
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 ↗](https://biz.newdaily.co.kr/site/data/html/2026/09/18/2026091800253.html)
3. Dec 2025
Enforcement
The Financial Supervisory Service fined the bank KRW 40 million for breaching electronic financial transaction security obligations.
[asiaa.co.kr ↗](https://www.asiaa.co.kr/news/articleView.html?idxno=233231)
4. Sep 2025
Merger / acquisition
The bank completed its acquisition of Trinity Asset Management and launched it as Sh Suhyup Asset Management.
[bloter.net ↗](https://www.bloter.net/news/articleView.html?idxno=673156)
5. Dec 2024
Leadership
The bank's shareholder meeting appointed three new outside directors, with terms ending on 30 November 2026.
[fntimes.com ↗](https://www.fntimes.com/html/view.php?ud=202412021641156748b4a7c6999c_18)
6. Nov 2024
Leadership
Shin Hak-ki took office as the bank's CEO.
[alphabiz.co.kr ↗](https://www.alphabiz.co.kr/news/articleView.html?idxno=190160)
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:** 1. NFFC Bank 2. KR Country · South Korea 3. SE Location 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 9884007XHIYD533HQV15
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/9884007XHIYD533HQV15)
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
## Profile
- **Type:** Financial institution
- **Regulation:** Not on a tracked register
- **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
```xml
NFFCKRSEXXX
9884007XHIYD533HQV15
```
### 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
```xml
NFFCKRSEXXX
9884007XHIYD533HQV15
SUHYUP BANK
SEOUL
KR
OGEUM- RO 62, SONGPA- GU, SINCHEON- DONG SEOUL 05510
```
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.
## Related institutions
### Largest institutions in South Korea
- [Kookmin Bank BIC CZNBKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 549300XXMOJSIW8P4769](https://elucidate.co/directory/kookmin-bank-cznbkrse)
- [Bank of China Seoul Branch BIC BKCHKRSE Credit institution Prudential licence South Korea · On the FSB G-SIB list · LEI 54930053HGCFWVHYZX42](https://elucidate.co/directory/bank-of-china-seoul-branch-bkchkrse)
- [Korea Securities Depository BIC KSDCKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 9884008RRMX1X5HV6625](https://elucidate.co/directory/korea-securities-depository-ksdckrse)
- [Shinhan Bank BIC SHBKKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 5493003P813VL21KG928](https://elucidate.co/directory/shinhan-bank-shbkkrse)
- [Busan Bank BIC PUSBKR2P Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 98840019Y9P721BO0L96](https://elucidate.co/directory/busan-bank-pusbkr2p)
- [Citibank Korea Inc. BIC CITIKRSX Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 745P3MMS7E8CUVXDRJ82](https://elucidate.co/directory/citibank-korea-inc-citikrsx)
- [Keb Hana Bank BIC KOEXKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 6RPK2YDJN6L35AS0M510](https://elucidate.co/directory/keb-hana-bank-koexkrse)
- [Morgan Stanley and CO. International PLC, Seoul Branch BIC MSKRKRSX Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 4PQUHN3JPFGFNF3BB653](https://elucidate.co/directory/morgan-stanley-and-co-international-plc-seoul-branch-mskrkrsx)
[See every BIC in South Korea →](https://elucidate.co/directory/country/kr#bics)
Claim this profile
## Work at Suhyup Bank?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
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 →](https://elucidate.co/directory/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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Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.