South Korea Financial Firms

South Korean banks’ NIMs to support stable profitability in H2

The four biggest banks’ NIMs climbed to levels higher than pre-COVID.

Korean online banks’ loans up 8% in Q1

Newly-launched Toss Bank extended the most loans.

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.

South Korea mulls easing restrictions on investing in fintech: report

The country’s top regulator shared plans to enact a new law on the matter.

South Korean banks’ loan delinquency ratio up in August: report

The delinquency ratio has been on the decline since May 2018.

South Korean bank’s household loans rise faster in September: report

There is an increased demand for loans for home purchases and 'jeonse.’