South Korean banks
Korean banks’ net income jump 24% in Q1
Korean banks’ net income jump 24% in Q1
Interest income declined as a result of interest rates falling during the period.
Gov't support, high vax rates buoy Korean banks’ asset qualities: Fitch
But increased competition in lending may give rise to risks in the long-term.
Thought Leadership Centre
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1. HSBC GPB appoints Ann Ling as APAC head of wealth planning and advisory 2. Japan’s SMBC invests in biotechnology fund 3. Hong Kong, China launch Payment Connect for faster cross-border payments 4. Metrobank names Renato De Borja, Jr. as head of financial & control sector 5. PBCOM appoints new treasury trading team headResource Center
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He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.
