South Korea
PayPay expands reach to 2 million South Korea stores via Alipay+ gateway
PayPay expands reach to 2 million South Korea stores via Alipay+ gateway
Users must complete identity verification on the PayPay app in Japan.
12 hours ago
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.
4 days ago
South Korean depository corporations raise industrial lending by 2.7% in Q2
Lending for working capital and facilities investment rose during the quarter.
South Korean substandard or below loans unchanged in Q2
Total SBLs of KRW16.6t was also unchanged from three months prior.
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 Korean banks’ deposits and household loans expanded in June
Corporate loans and asset management funds fell.
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.
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