Major Business Districts in Seoul, South Korea – YBD

3. Yeouido Business District (YBD)

Yeouido is an 8.4 square kilometer island carved by the Han River in western Seoul. The island is known as the major financial district of Seoul, a home to many investment firms and banks.

Annual Firework Festival near 63 Building in Yeouido, Seoul, Korea

Location of YBD in Seoul, Korea

The island also contains the National Assembly where the laws and important political decisions of Korea are made, the regulatory organizations of Korean financial industry such as Financial Supervisory Service, Korea Financial Investment Association and the iconic buildings like 63 and IFC SEOUL.

Yeouido surrounded by Han River

Yeouido has been developed as a financial district since the late 70's when the KRX(Korea Stock Exchange) moved to Yeouido from CBD.

Due to the resemblance of the district identity as a financial and banking hub of the city which is located in an island with a park, YBD is often referred to as the Wall Street of Korea.

Yeouido Park provides a rest area for the workers in nearby offices

Major tenants of YBD: LG, Hyundai Capital, Hanwha, Mirae Asset Life Insurance, Korea Offices of SONY, Intel, HP, UBS, Deloitte, Allianz Life Insurance, Ernst & Young Advisory etc.