South Korea

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.

Shinhan FG to maintain ‘resilient’ credit profile despite subsidiary woes

Whilst two subsidiaries saw trouble, other key subsidiaries maintain stable outlooks.

Tighter policies drag South Korean household loan growth in September

Banks have supposedly stepped up their efforts to manage household debt.

Korean financial holding companies see higher net income in H1

The insurance sector buoyed the increase as income from banking and financial investments fell.

Delinquency rate of South Korean banks at 0.47% in July

The volume of resolved loans was lower than in June.

South Korea’s household loans expand by $7.32b in August

There were “strong housing market activities” in the Seoul metropolitan area.

Woori’s billion-dollar insurance buys will have little impact on banking arm

Woori Bank is expected to maintain its asset quality, although NIM may narrow.

SoKor credit card firms report 5.8% higher net income in H1

Loan-related and installment fees rose, as well as total expenses.

Korean banks’ total capital ratio rises to 15.76% in Q2

CET1 ratio rose 0.18ppt to 13.18% over the same period.