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Brief History

Citi, it’s different
Brief History of Citibank Korea (Inc.)

1999
  • 02Shin, Dong-Hyuk becomes the sixth CEO of KorAm Bank
  • 11KorAm receives the Grand Prize in 'Best SME support award', presidential citation criteria
1998
  • Awarded “Heungin Medal”, the Order of Diplomatic Service Merit from the Korean gevernment
  • 02EXCO(Standing Committee) and Sub-Committees are established
  • 03KorAm Bank forms partnership with Postal Service
  • 05Paid in capital increases to KRW 488.3 billion
  • 06KorAm acquires Gyunggi Bank through P&A
  • 11KorAm Bank receives Prime Minister Award for its strong support for SMEs
  • 12KorAm issues KRW 260 billion KDIC preferred stocks. (Paid in capital: KRW 748.3)
1997
  • 06Kim, Jin-Man becomes the fifth CEO of KorAm Bank
  • 08Hanmi Technology Investment Co. Ltd. is established
  • 09KorAm Bank issues $100MM subordinate convertible bond for the first time in local market
  • 12Singapore office is established
1996
  • 04London office is elevated to branch level
  • 08Paid in capital increases to KRW 215 billion
1995
  • 03KorAm Bank receives Prime Minister Award for 1994 best business innovation practice from Korea chamber of Commerce
1994
  • 03Paid in capital increases to KRW 171 billion
  • 12KorAm Bank is awarded with 1994 Business Innovation Best Company Award and Best CEO Award form Korea Management Association
1993
  • 02Hong, Se-Pyo becomes the fourth CEO of KorAm Bank
1991
  • 04London office is established
  • 06Hong Kong Office is elevated to branch level
  • 10KorAm becomes a member of APBC(Asia Pacific Bankers Congress)
1990
  • 04Hong Kong office is established
  • 05New York office is established