South Korea

South Korea’s home mortgage loan growth inch up in August

South Korea’s home mortgage loan growth inch up in August

Resumption of non-face-to-face lending brings back household loans to a growth.
15 hours ago

South Korean depository corporations raise industrial lending by 2.7% in Q2

Lending for working capital and facilities investment rose during the quarter.
4 days ago

South Korean substandard or below loans unchanged in Q2

Total SBLs of KRW16.6t was also unchanged from three months prior.
4 days ago

South Korea’s new loans, deposit interest rates dip in July

Average loan rates to the corporate and household sectors fell.

South Korea’s payment card market projected to reach $1t in 2025

This is driven by a growing preference for digital payments.

KEB Hana Ban’s problem loans rising, but profitability stable

Net interest margin will decline whilst credit costs will rise.

South Korean banks to tighten household lending standards in Q3

This was due to the strengthening of household debt regulations.

Hyundai Card banks on data to fuel global ambitions

Its UNIVERSE AI platform is a key export asset after its Japanese launch.

South Korea's average deposit, loan interest rates fell in May

Interest rate on new deposits fell 8 basis points from a month earlier.

Jeonbuk Bank weighed by large unsecured personal loans

Profitability may decline through 2026 due to declining loan yields.

Kyongnam Bank likely to maintain good funding through 2026: Moody’s

But construction and retail sector loans may be a weakness.

Busan Bank’s asset quality and profitability poised to further weaken: report

It should maintain a strong funding structure thanks to its deposit base, however.

Card payments remain top choice of South Koreans

Nearly half of surveyed Koreans use credit cards for payments.

KakaoPay Corp’s profits may more than double market estimates by 2027

CGS International expects KKP Securities to turn profitable in the current year.

Jeju Bank will still have Shinhan FG support despite diluted stake

The Korean bank will expand its business outside of Jeju Island, says Moody’s.

KakaoBank’s operating profit up 23% to $131.09m in Q1 2025

Revenue from financial investment, FX gains, and NPL sales rose compared to Q4 2024.