[Alpha Biz=(Chicago) Reporter Paul Lee] K-Bank, an Internet bank, has selected a listed organizer and has started to push for a full-fledged initial public offering (IPO).

K-Bank announced on the 21st that it has selected NH Investment & Securities, KB Securities, and Bank of America (BofA) as preferred bidders.

K-Bank voted for the IPO at a board meeting held on the 18th of last month. Since then, a bid proposal (RFP) has been sent to major securities firms and the host company has been selected after suggestions from each securities firm.

K-Bank plans to sign a final contract with three companies and request a preliminary review of the listing on the Korea Exchange in the first half of the year after due diligence.

 

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