South Korean online lender K Bank plans to raise up to $732m in IPO

South Korean online lender K Bank plans to raise up to $732m in IPO

South Korean 10,000 won note is seen on U.S. 100 dollar notes in this picture illustration taken in Seoul, South Korea, December 15, 2015. REUTERS/Kim Hong-Ji

South Korea’s online lender K Bank has announced a planned initial public offering to raise up to 984 billion won ($731.64 million), in what is expected to be one of the biggest stock market debuts this year.