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Charm Savings Bank

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Year established

1974

Location

South Korea

Primary Industry

Financial Services

About

Based in South Korea, and founded in 1974, Charm Savings Bank offers commercial banking services. In August 2022, Charm Savings Bank raised KRW 75 billion in venture funding from HANBIT ASSET MANAGEMENT COMPANY. Following the transaction, HANBIT ASSET MANAGEMENT COMPANY will hold an 85.8% majority stake in Charm Savings Bank. Charm Savings Bank offers retail and commercial banking services that include fixed cash deposit services with maturities ranging from one month to 24 months and annual interest rates of 1.5 percent to 2.87 percent. In addition, the company offers a wide range of loan services. The company buys gold bars from clients and sells them to clients.
Current Investors
HANBIT ASSET MANAGEMENT COMPANY

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Primary Industry
Financial Services
Sub Industries
Commercial Banks, Retail Banks
Website
www.charmbank.co.kr
Verticals
FinTech
Company Stage
Early Stage
Total Amount Raised
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