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Overview

Brief 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
  • 1997
  • 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
  • 2017
  • Accepted K Bank and Kakao bank, internet-primary banks, as full members
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