SC First Bank, Korea’s Best Financial Partner for Growth

Total assets of SC First Bank as of June 30, 2008 are KRW65.7 trillion. Through its nationwide network of 367 branches, SC First Bank serves both wholesale banking and consumer banking customers in Korea.

With 79 years of history and tradition, SC First Bank was founded in 1929 as Chosun Savings Bank and was renamed as Korea First Bank in 1958, building a reputation as a leader in the wholesale banking sector. Up to its acquisition in April 2005 by the world’s best international bank, Standard Chartered Bank, Korea First Bank made remarkable progress in consumer banking.

Korea First Bank was rebranded as SC First Bank on September 12, 2005 and has continued to grow through a successful integration process. With the vision to become ‘Korea’s best financial partner for growth’ and principle of ‘Customer First’, SC First Bank will use the Standard Chartered global network to act as a bridge between Korean companies and international economies for its wholesale banking clients, while also providing innovative products and differentiated services to fulfill the needs of its consumer banking customers. In addition, SC First Bank is making efforts to establish itself as the Right Partner for the community through various CSR activities.

The Bank is ranked ''A'' by Standard & Poor''s, "A2" by Moody''s.