K-Bank Capital Increase Payment Postponed to July... "Ongoing Consultations with Shareholders"

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[Asia Economy Reporter Kim Hyo-jin] The schedule for the capital increase to normalize operations of K-Bank, an internet-only bank, has been postponed.

K-Bank announced on the 15th that the board of directors decided to extend the payment date for the capital increase from the original date of the 18th of this month to the 28th of next month.

This adjustment in the capital increase schedule is interpreted as a result of the delay in additional investment decisions by major shareholders, including Woori Bank.

K-Bank initially planned to raise about 600 billion KRW in capital through a paid-in capital increase this month and then normalize various operations.

A K-Bank official stated, "We will continue active consultations with major shareholders to successfully complete the capital increase."

K-Bank is preparing to normalize operations based on the capital increase. Next month, it plans to stop new subscriptions for the 'DualK Deposit and Withdrawal Account,' launch a new deposit and withdrawal account, and introduce products such as non-face-to-face apartment mortgage loans.

This content was produced with the assistance of AI translation services.