Korea
South Korean bank loans hit $780b in Q3
Household lending outpaced corporate loans but not for long.
South Korean bank loans hit $780b in Q3
Household lending outpaced corporate loans but not for long.
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.
Thought Leadership Centre
In Association with
In Association with
Most Read
1. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 2. DBS, UnionPay launch multi-currency debit card 3. Morgan Stanley opens Southeast Asia headquarters in Singapore 4. Southeast Asia’s digital banks – the road from good to great 5. Maybank rolls out green financial advisory service to SEA SMEsResource Center
Read Here
Advertise
Sign Up
Event News
Event News
Principled AI key to transformation of financial services
![Principled AI key to transformation of financial services]()
Information Technology
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
Commentary
Southeast Asia’s digital banks – the road from good to great
Reshaping fraud detection in Asian finance with knowledge graphs
Why is willful default a growing threat to Bangladesh’s financial stability?
Mobile Wallets are Southeast Asia’s Pathway to Financial Inclusion