South Korea
South Korean incumbent banks’ profits at risk as Kakao Bank expand loan services
The internet-only bank plans to launch mortgages and merchant loan products.
South Korean incumbent banks’ profits at risk as Kakao Bank expand loan services
The internet-only bank plans to launch mortgages and merchant loan products.
Chart of the Week: South Korean card payments to grow 4.9% through 2024
Average frequency of use is 136.2 times in 2020, higher than in France, US, and UK.
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1. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 2. Morgan Stanley opens Southeast Asia headquarters in Singapore 3. DBS, UnionPay launch multi-currency debit card 4. Southeast Asia’s digital banks – the road from good to great 5. Maybank rolls out green financial advisory service to SEA SMEsResource Center
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Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
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