Korea
Korea's financial regulator to rein in credit card loans, marketing costs
South Korea's financial regulator plans to limit credit card firms' excessive credit issuance and marketing costs.
Korea's financial regulator to rein in credit card loans, marketing costs
South Korea's financial regulator plans to limit credit card firms' excessive credit issuance and marketing costs.
Korean banking system to remain stable for the next 18 months
This is due to lower impairment expenses, stable net interest margins, and sluggish loan growth that will support higher earnings, says Moody’s.
South Korea PM slams regulator’s slack monitoring of banks
Nation’s ruling party motions to investigate savings banks on FSS’ speculated negligence on lender’s illegal activities.
South Korea willing to ease rules to sell Woori
FSC to allow local bank holding firms to buy only 50% stake in a holding firm with government stake to improve chances of privatising Woori.
South Korea regulator pushes for Woori sale
The FSC chairman said the partner who acquires Woori will enjoy enough economic benefits and wanted to see foreign bidders.
StanChart may exit from South Korea
While the lender’s growth lags rivals following focus as it shifts to retail lending, it says remains committed to South Korea.
Hana Bank plans starting globalization route in China
The lender aims to be Mainland’s top foreign bank by 2020 as it plans of M&As and IPOs.
South Korea banks to put up debt clearer
Seven lenders with huge outstanding loans will furnish the capital to establish the debt clearer with $1.12bn capital.
Hana, Lone Star mulls KEB deal deadline extension
A source said both parties were positive on extending what may be the largest banking deal in Korea.
This time, Hana may target Woori for M&A
Hana picks Woori as its backup as uncertainty on the conclusion on its bid for KEB grows.
KDB sole potential buyer of Woori’s 57% stake
South Korea raises minimum stake purchase threshold to 30% as it resumes Woori’s $6bn stake sale.
Giving big bonuses puts Korea Exchange Bank under fire
Yet KEB said the bonuses were given as incentives for above-expected profit of $682mn, an increase of 42.3%.
Hana remains dedicated to save bid for KEB
The lender fights for KEB takeover as it zeroes in on the move to further its growth.
KEB wirthholds Q1 dividend amid doubts on Lone Star's exit
Korea Exchange Bank decided not to pay a dividend for the first quarter amid lingering doubt over U.S. fund Lone Star's controlling stake sale to Hana Financial Group Inc .
KDIC set to sell 7 ailing savings banks
Korea Deposit Insurance Corp. plans to begin the bidding process for seven suspended savings banks this week as part of efforts to restructure the embattled savings banking sector.
KEB Q1 earnings down 46.4%
Korea Exchange Bank's first-quarter earnings plunged 46.4 percent from a year earlier due to one-off costs and increased loan-loss reserves.
KDB’s IPO may be deferred after 2011
Delay may cause serious blow to South Korea’s privatisation efforts as the fundraising strategy could provide bumper profits to the government.
Thought Leadership Centre
In Association with
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Event News
Event News
Thai central bank’s digital payments on ‘top of the world’
![Thai central bank’s digital payments on ‘top of the world’]()
Cards & Payments
The Bank of Thailand is eyeing to expand connectivity with more countries.
The Bank of Thailand is eyeing to expand connectivity with more countries.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
In Association with
Awards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Commentary
Generative AI’s role in the evolution of banking