South Korea
Korea bank loan growth stalls in Q1 as household lending shrinks
Korea bank loan growth stalls in Q1 as household lending shrinks
Corporate lending drove bank loans in Q1 2026.
2 days ago
Think tanks urge Bank of Korea to move from climate research to action
The BOK is called to implement concrete policies that shift financial flows away from high-carbon sectors.
Hyundai Card draws younger users to premium card lineup
Nearly 3 in 4 of its “The Orange” or e-commerce-targeted card customers are aged 20 to 39.
What will drive South Korea’s digital banking to rise 9.7% through 2030?
Usage climbed 25% over the past year as faster tools gained traction.
Will reforms save South Korea’s mutual savings banks?
Small-business and P2P lending offers fresh revenue streams.
Shinhan seizes South Korea's top bank brand spot with $8.8b valuation
Nine SoKor bank brands are collectively valued at $31.8b, up 19%.
South Korea commits to overhaul its mutual savings banks
It will expand functions, tighten governance, and set up a company for NPL management.
Citi launches Korea desk in Chicago to back Korean firms’ US expansion
Citi Korea opened its first Korea desk in New York in 1993.
South Korea lending rate to fall to 3.16% by 2028
Borrowing costs will extend their downward trend after a 21% drop in 2023.
Korean regulators hit 5 banks with record $1.38b in ELS penalties
Kookmin Bank will face the highest penalty if based on sales amount, the report said.
Korea revises bill to check criminal info of virtual asset service providers
The law also broadened rule-breaking activities that are screened.
Standard Chartered names Ryan Song as head of M&A in Korea
He is expected to help grow the bank’s M&A advisory business in the region.
South Korea regulator widens responsibilities maps from insurers to savings banks
FSC invites $0.49b savings banks into pilot ahead of 2 July 2026.
South Korean bank delinquencies hit 0.6% with SMEs hit hardest
Volume of newly delinquent loans shrank whilst resolved loans rose.
Korea’s outstanding deposit rate fell in December whilst loan rates climbed
Rates for new deposits rose during the month.
South Korea rewrites bank loan-deposit rules to push regional lending
Regulators plan to upgrade rules and provide incentives to improve regional banks’ competitiveness.
Airwallex buys Paynuri to enter South Korea payments market
It plans to hire 20 employees in the market in 2026.
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