South Korea

South Korea’s household loans rise at a slower pace in March

Mortgage loans grew, but other types of loans shrank during the month.
3 days ago

Hyundai Card leads Korea’s credit card sales with PLCC dominance and data science

It holds a 78% market share in the private label credit card sector.

UOB unveils FDI Advisory Centre in South Korea

The bank has helped over 150 Korean companies expand to SEA since 2011.

South Korea’s household loans rise in Feb on higher mortgage demand

Home mortgage loans expanded at a faster pace than in January.

South Korea’s industrial lending up $2.27b in Q4 2024

Loans to working capital fell but rose for facilities investment.

South Korea’s corporate financing through issuances up 28.5% in January

IPO proceeds tripled, but rights offerings plunged during the month.

South Korea to unveil guidelines for short-selling

It plans to expand the English DART and Open DART services in January.

South Korean industrial lending rises by $12.14b in Q3 2024

Lending for working capital rose by $2.16b (KRW 3.1t).

South Korea compliant with Basel standards

These evaluations are part of the committee’s Regulatory Consistency Assessment Programme.

South Korea tightens liquidity rules as market improves

The banking sector’s liquidity coverage ratio will be rolled back to 100% in 2025.

South Korea's household loans up 0.9% in Q3

Total outstanding household credits was $1.28t as of end-September 2024.

South Korean banks’ delinquency rate fell in Sept 2024

The volume of newly delinquent loans shrank KRW0.5t during the month.

South Korean banks’ bad loans rise in August

The delinquency rate of SMEs and households rose during the month.