Kyungnam Bank to Issue 100 Billion Won Contingent Convertible Bonds to Boost BIS Ratio


  • Amendment: Kyungnam Bank reduces its 6th series contingent convertible bond issuance from 135 billion won to 100 billion won, payment date 2026-06-05
  • Purpose: Improve BIS capital adequacy ratio by expanding additional Tier 1 capital, raising 100 billion won in operating funds
  • Features: Perpetual bond with issuer call option after 5 years, interest payment suspension conditions (e.g., management improvement measures)
  • Lead manager: Hanyang Securities, public offering
  • Kyungnam Bank's asset weight: 26.82% of BNK Financial Group (as of end-2025)

KOSPI Filing Information


  • [Correction of Description] Decision On Issuance Of Amortizing Conditional Capital Securities (Major Management Matters Of Subsidiary)
  • Company: BNK Financial Group (138930)
  • Submission: BNK Financial Group Inc.
  • Under KRX KOSPI Market Division

  • Shares: 310,327,033
  • Price: 17,180 KRW
  • Market Cap: 5,331.4 B KRW