Korea
Korean banks to suffer from domestic political instability
Political instability may delay legislation that introduces a bail-in feature.
Korean banks to suffer from domestic political instability
Political instability may delay legislation that introduces a bail-in feature.
What could leave Korean banks unprepared for IFRS 9 by 2018?
It's less conservative loan loss provisioning.
Deutsche Bank appoints new trade finance heads for South Korea and Japan
According to a release, Jae-Sun Rah has been appointed Director, Head of Trade Finance & Working Capital Advisory – South Korea effective 1 September. Mr. Rah has over 20 years of transaction banking experience and a deep knowledge of the Korean market. Previously, he was at Citibank where he was most recently Director, Trade Product Head, Treasury and Trade Solutions for Korea.
Korean banks' liquidity and funding scores remain weak compared to Asian peers: Moody's
Blame it on their higher reliance on market funding.
South Korea overhauls capital control rules, tells banks to prepare for sudden outflows
Forex regulations will be eased.
Woori Bank enters Philippine market with acquisition of local lender
It has acquired a thrift bank.
Korean banks' creditworthiness feared to deteriorate on back of diminished growth outlook
The next 12-18 months look gloomy.
Korean banks likely to step up the issuance of bank capital securities: Fitch
Higher capital requirements will be phased-in by 2019.
Kakao Bank and K-Bank gets a go ahead to offer online-only services by mid-2016
They are the first ones to be licensed in Korea in 23 years.
Don't fret, consumer finance loans not a threat to Korean banks
And neither are credit card advances.
Korea unveils new household debt-stemming measures
They've been noted as credit positive.
Korea's long bank merger transitions hold up benefits
Such as cost-savings, among others.
Fitch upgrades Woori Bank's VR to bbb+
Reflecting rating relativities among largest commercial banks.
Korean banks to suffer contingency risks from corporate borrowers
Long-term challenges lurk ahead.
Korea's financial regulator emphasizes keeping hands off banks' loan pricing
Even fee structures will not be touched.
Workout programme eyed for Dongbu Metal
Woori Bank's expected to set aside provisioning.
Korean banks expected to set aside additional KRW25bn as Wooyang HC files for court receivership
Woori Bank has the largest exposure.
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