South Korea
South Korean banks’ total capital up 1.3% to $3.4b in Q3
Authorities warned of volatile financial markets.
South Korean banks’ total capital up 1.3% to $3.4b in Q3
Authorities warned of volatile financial markets.
Corporate lending in South Korea rise in Q3
Depository corporations increased industrial lending by approximately US$24.41b
South Korea interest rates for new deposits, loans rose in October: BOK
The interest rate for outstanding amounts of deposits and loans also rose.
South Korean banks’ net income down 23.9% in Q3
Non-interest income and return of assets both fell during the quarter.
Korean banks’ delinquency ratio drops to 0.39% in September
The bad loan rate of corporates rose compared to August.
South Korean financial firms to tighten lending standards in Q4: survey
The 18 banks polled indicated that they will be pickier on approving loans.
South Korean banks’ deposits up US$19.9b in September
Transferable deposits rose substantially, whilst time deposits fell.
Chuseok, mortgage demand drive up Korean banks’ lending in September
Home mortgage demand grew by $4.49b (KRW6.1t) in August.
Two Hong Kong banks facing record fines for short-selling in Korea: report
South Korea’s FSS said they made short-selling deals worth KRW40b and KRW16b, respectively.
KakaoBank buys 10% in Superbank, enters partnership to boost digital banking in Indonesia
Superbank is planning to publicise its mobile app later in the year.
Deutsche Bank increases South Korean capital
The bank added EU150m in capital allocation for its Seoul branch.
S.K.’s FSC raises KRW73.8t in policy funds for venture capital in FIs
This exceeded the initial supply plan of 66.7% by August and achieved 80.4% of the annual target.
South Korean banks’ deposits up by $21b in August
Transferable deposits and time deposits both grew.
Korean banks’ lending to corporates, SMEs rise in August
Loans extended to large corporations and SMEs both rose during the month.
Mortgages drive demand for South Korean household loans in August
Demand for other loan types fell, however.
Revised rules bolster Korean banks’ competition, but no silver bullet to thriving: analysts
The proposed revisions will pave the way for mergers and bolster competitiveness.
Jeonbuk Bank profits to weaken from real estate lending woes
Asset quality and profitability will weaken through 2024, Moody’s said.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with