HOME>About the KFB>Who we are>History
History
- The KFB was established by 11 banks in 1928 as the Kyongsong Bankers' Club and renamed the Seoul Bankers' Club in 1948. As it became the de facto national banking organization in 1975, it changed its name to the Korean Bankers’ Association. In 1984, the organization inaugurated as the Korea Federation of Banks.
-
1928
Established as the Kyongsong Bankers' Club
-
1948
Renamed the Seoul Bankers' Club
-
1975
Reorganized the Seoul Bankers' Club as the Korean Bankers' Association
-
1976
-Established Saemaul Training Center for professionals in the finance industry
-Consolidated "Saemaul Training Center" and the training center within the
Korean Bankers' Association and established "Korea Banking Institute"
as an integrated entity
-
1981
Assumed the functions of the Regional Bankers' Association of Korea
-
1984
Inaugurated as the Korea Federation of Banks
-
1986
Assumed responsibility for credit information management services
-
1991
Separated the financial economy research institute within the Regional Bankers' Association of Korea and established "Korea Institute of Finance" as an independent entity
-
1995
Designated as the centralized credit information collection agency
-
2003
Given the mandate to represent financial institution and domestic bank management in industry-level collective bargaining activities
-
2005
Acquired shares of Korea Enterprise Data
-
2006
Established Banks Council for Social Contribution
-
2014
Assumed the functions of collecting and maintaining tech database under the revisions made to the Supervision Regulations of the Use and Protection of Credit Information Act
-
2016
Established the Korea Credit Information Services as an affiliate under the revised Use and Protection of Credit Information Act