South Korea
Jeonbuk Bank weighed by large unsecured personal loans
Jeonbuk Bank weighed by large unsecured personal loans
Profitability may decline through 2026 due to declining loan yields.
3 days ago
Kyongnam Bank likely to maintain good funding through 2026: Moody’s
But construction and retail sector loans may be a weakness.
5 days ago
Busan Bank’s asset quality and profitability poised to further weaken: report
It should maintain a strong funding structure thanks to its deposit base, however.
5 days ago
Card payments remain top choice of South Koreans
Nearly half of surveyed Koreans use credit cards for payments.
KakaoPay Corp’s profits may more than double market estimates by 2027
CGS International expects KKP Securities to turn profitable in the current year.
Jeju Bank will still have Shinhan FG support despite diluted stake
The Korean bank will expand its business outside of Jeju Island, says Moody’s.
KakaoBank’s operating profit up 23% to $131.09m in Q1 2025
Revenue from financial investment, FX gains, and NPL sales rose compared to Q4 2024.
Kookmin Bank profitability to decline on higher costs and narrowing NIM
It faces increasing delinquencies of SME loans, Moody’s said.
KB Financial Group’s stable profile carried by non-bank subsidiaries
But the subsidiaries’ credit profiles weakened in the recent downcycle.
South Korean banks to offer English mobile apps, documents to foreigners: report
The number of foreign banking customers have breached 8 million in 2024.,
South Korea’s household loans rise at a slower pace in March
Mortgage loans grew, but other types of loans shrank during the month.
Hyundai Card leads Korea’s credit card sales with PLCC dominance and data science
It holds a 78% market share in the private label credit card sector.
UOB unveils FDI Advisory Centre in South Korea
The bank has helped over 150 Korean companies expand to SEA since 2011.
South Korea’s household loans rise in Feb on higher mortgage demand
Home mortgage loans expanded at a faster pace than in January.
South Korea’s industrial lending up $2.27b in Q4 2024
Loans to working capital fell but rose for facilities investment.
South Korea’s corporate financing through issuances up 28.5% in January
IPO proceeds tripled, but rights offerings plunged during the month.
South Korea to unveil guidelines for short-selling
It plans to expand the English DART and Open DART services in January.