South Korea
Kakao Pay beset with 2 hour service disruption
This was subsequent to its the messaging app’s recent cyber disruption.
Kakao Pay beset with 2 hour service disruption
This was subsequent to its the messaging app’s recent cyber disruption.
South Korean banks’ loans to households, corporates up in April
Corporates borrowed money for dividend payments, the Bank of Korea said.
Korea, Indonesia central banks ink MOU for bilateral trade: report
It reduces companies’ exposure to exchange rate risks.
South Korea daily FX turnover hit all-time high in Q1
Increased demand for cross-border transactions of securities drove the growth.
KB Financial registers 2.5% growth in Q1 earnings
Net profits totalled ₩1.50t in the January to March period.
Steady margins will push Daegu Bank to stable profits in 2023
The bank’s dividend payouts will remain at current levels of 40% to 50%, Moody’s reported.
South Korea’s central bank unveils system for verifying AI use in credit scoring
Credit bureaus will be supervised under this new verification system.
Shinhan Bank and E9Pay team up for overseas payment platform
The payment system will cater toward foreigners residing in South Korea.
South Korea’s K-Bank quadruples net income in 2022: report
The neobank now has 8.49 million customers.
South Korean bank deposits up by KRW22.3t in February
Transferable deposits rose by KRW21.4t during the month.
Korean banks' household loans extend decline whilst corporate loans slow
Loans extended to local SMEs rose rapidly in February.
South Korea’s chief financial regulator urges banks to reduce interest income dependence: report
Lee Bok-hyun said the FSS is looking for ways to encourage lenders to diversify income streams.
South Korea reviews allowing insurers to conduct banking operations
A task force was formed to look into this.
Korean banks' plan to boost shareholder returns won't affect profits
The regulator is expected to stop any excessive payments.
Korean banks’ bad loans ratio up 0.02ppt in November
Ratio reflects loans overdue by at least one month.
Payment cards account for 60.9% of e-commerce purchases in South Korea
Added-value benefits of using cards help maintain its dominance.
Banks in South Korea to maintain eased stance in extending loans: report
Increased lending capacity and intensifying competition encourage banks.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
OCBC shines at ABF Wholesale Banking Awards, Retail Banking Awards
![OCBC shines at ABF Wholesale Banking Awards, Retail Banking Awards]()
Co-Written / Partner
Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise.
Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with