SEOUL -- South Korea's leading online bank is eyeing the country's biggest initial public offering in more than two years in a test of the market's readiness for a rebound from a yearslong slump.
K Bank said in a filing with regulators on Monday that it plans to raise as much as 984 billion won ($732 million) by selling 82 million shares on the Korea Exchange next month. That would be the highest amount since LG Energy Solution raised 12.8 trillion won in January 2022 in the country's biggest-ever IPO.
