Pouch type battery and method of manufacturing the same

Provided are a pouch type battery and a method of manufacturing the pouch type battery. A lateral end part of the pouch type battery is recessed by a pressing process to prevent a thickness increase caused by attachment of an insulation tape. The pouch type battery includes an outer member in which an electrode assembly is accommodated and to which a protective circuit board is attached to control charging and discharging states of the electrode assembly. The outer member includes insulation tapes attached to both lateral end parts of the outer member which are formed by folding sealed remaining parts of the outer member. Both lateral sides of the outer member are pressed to a depth corresponding to a thickness of the insulation tapes.