Korea
Korea Eximbank to provide record $63B trade financing in 2011
Korean exporters will get a record 70 trillion won or US$63 billion support via loans and assurances form Korea Eximbank this year.
Korea Eximbank to provide record $63B trade financing in 2011
Korean exporters will get a record 70 trillion won or US$63 billion support via loans and assurances form Korea Eximbank this year.
Loan delinqunecy ratio on a 2-year low for Korean banks
The loan delinquency ratio of South Korean banks registered a two-year low in December after resolving massive overdue loans.
Financial regulator approves Hana's takeover of KEB
South Korea's Financial Services Commission has approved Hana Financial's takeover of the Korea Exchange Bank.
South Korean banks post record FX turnover
South Korean banks are riding the wave of the country’s first-ever trade volume of US$1 trillion.
Korean credit card spending up to KRW 540 T in 2011
Increase in card loans pushed South Korea's credit card spending to KRW540 trillion or US$478.5 billion in 2011.
KB Financial not interested in taking over Woori Financial
The group prioritises on securing the sufficient capital adequacy this year amid eurozone debt crisis.
Woori Bank inks 2-part loan for refinancing
Seven international banks aided to arrange the deal.
Korea financial watchdog to approve Hana's KEB takeover
The Financial Supervisory Service (FSS), is currently reviewing Lone Star's eligibility as KEB's major shareholder.
Summoned chairman of suspended Korean savings bank commits suicide
Ace Mutual Savings Bank chairman Kim Hak-heon was found dead by his relative.
Hana chief offers to step down amid KEB acquisition
The president of Hana Financial Group offered to resign as it prepares to complete its acquisition of Korea Exchange Bank.
KDB Financial seeks 2012 IPO
Yet analysts doubt on the marketability of KDB shares in the current environment.
Shinhan to give more weight stability over growth
The lender targets 4% growth in 2012 after reaching 7% last year.
Korean banks seek to step up Asia presence
Lenders seek to go beyond China and Southeast Asia to tap Kazakhstan, India and Bangladesh markets.
Hana eager to quickly close Lone Star deal
The U.S. fund may drop out of the contract if regulators fail to approve deal by the end of February.
Major South Korean banks flood Asia
Expand or die.
South Korea's top banks brace for lower profits in 2012
This year won’t be a happy one for the bottom line of South Korea’s major banks.
KEB told to fire Lone Star board members
South Korea's financial watchdog advised KEB to dismiss four board members from Lone Star Funds due to stock manipulation.
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