Korea
Citi ties up with Korean securities agency to offer global securities lending
The partnership will start with Shinhan Investment Corp.
Citi ties up with Korean securities agency to offer global securities lending
The partnership will start with Shinhan Investment Corp.
Can South Korea's web-only banks break out of beginner's rut to ensure sustainability?
The two players have been booking losses as they ramp up IT spending.
E-payment transactions in South Korea hit 10-year high in Q2
Transactions surged 17.4% to $104.87m.
South Korean banks' bad loans plunge to 10-year low in Q2
Loan delinquency ratio fell to 1.06% in June.
Steady mortgage lending boost South Korean bank loans to $491.76b in August
Residents have been turning to banks as property prices pick up.
South Korea's web-only banks lose steam as they book massive half-year losses
Kakao Bank and K Bank booked net loss of $10.67m and $35.14m respectively.
South Korea's big banks poised to hit year-end offshore profit record
This would mark the first time the KRW1t ($897.5m) mark has been breached.
South Korean banks to launch North Korean financial products
Kookmin Bank has unveiled a trust fund for families separated by the border.
Tech firms may soon be allowed to own internet-only banks in South Korea
A bill is paving the way for tech firms to be the largest shareholders.
South Korean banks' foreign currency deposits rebounds to $68.51b in July
A surge in euro-denominated savings boosted foreign deposits.
Shinhan Bank ties up with telco provider for blockchain platform
The move aims to capitalise on the government’s digital voucher efforts.
Foreign banks in Korea cut asset pools amidst domestic rate hikes
Lenders slashed asset holdings by $5.93b in 2016.
South Korea to allow payment via QR code by 2019
The central bank is aiming to create a local version of Alipay or WeChat Pay.
Korea moves to ease banks' overseas expansion
Firms with questions about foreign expansion can soon reach out to the FSS.
South Korean banks embark on hiring spree amidst thawing Northern ties
KB Kookmin Bank is looking for a North Korean affairs specialist to support this endeavor.
Woori Bank acquires financial institution in Cambodia
The bank renamed the combined entity as WB Finance.
Korean banks to launch blockchain ID verification programme
‘BankSign’ will be officially rolled out in July.
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