In March, 2006, National Bank beat its competitors, Asiana Financial Group and dbs group, and reached an agreement with LoneStarFunds, an American investment company, to acquire shares in korea exchange bank for 7 trillion won (about 7.2 billion US dollars) and control the bank. This move is intended to consolidate its dominant position in Asia's third largest economy.
Until 2006, National Bank had 1 132 branches in South Korea, several overseas branches in major international financial cities such as new york, London, Tokyo, Hong Kong and Auckland, and branches in Guangzhou, Harbin, Suzhou and Beijing, Chinese mainland. It also owned the shares of BII Bank 14.22%, which ranked sixth in Indonesia. Total assets177.3 billion USD, NPL ratio 1.70%, BIS capital adequacy ratio 12.95%, ROA 1.24%, ROE 20.35%, and current net profit of 2.22 billion USD, which has a high market share in Korea.
National Bank ranked 349th among Fortune Global 500 enterprises in 2007.
The total assets of National Bank are US$ 65.438+0.73 billion, and there are nearly 654.38+0.303 domestic and overseas branches with a customer base of 25 million. Regardless of assets, business outlets and customer network, National Bank has become the first in China. In 2007, National Bank ranked 349th among the top 500 enterprises in the world.