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South Korea’s market for promissory notes issued by mega investment banks is expected to grow sharply this year to top the 10 trillion won ($8.5 billion) mark, industry sources said on May 13. Th...
Woori Bank, a major lender in South Korea, said May 8 that it has floated $450 million worth of sustainability bonds in Taiwan. The Formosa bonds will mature in five years and carry a floating ra...
South Korean brokerage firm Mirae Asset Daewoo has simultaneously issued a three-year dollar-denominated, socially responsible investment bond and five-year senior notes, the firm said Tuesday. This...
Woori Bank has established a strengthened anti-money laundering surveillance system whose protocols are on par with global standards to fight financial crime and strengthen compliance, the bank said ...
South Korea’s Financial Supervisory Service urged financial institutions based in Korea to foster a “long-lasting relationship” with Southeast Asian countries in a closed-door seminar held April 19. ...
South Korea launched its mobile robo investing apps for the first time on April 17. They not only provide financial advice, but also manage customer’s investments without human intervention. Courtes...
Banco Hyundai Capital Brasil has been launched with initial capital of 300 million Brazilian reais ($76.8 million) to support customers and dealers of carmaker Hyundai Motor with financial services, ...
Dividend payouts by South Korean firms listed on the main bourse fell slightly last year, data showed on April 11. According to the bourse operator, the Korea Exchange (KRX), 545 out of 753 Kospi...
The growing pace of South Korean households’ borrowing slowed down for two years in a row last year amid the government-led tough regulations to tighten mortgage loans aimed at curbing soaring housin...
South Korea’s personal pension savings rose 4.9 percent last year from a year ago, thanks to robust demand for nest eggs after retirement, data showed on April 9. The nation’s personal pension sa...
The number of South Koreans who filed for a personal debt bailout program rose in the first quarter, data showed on April 8, as the nation’s economy slows down over weak investments, global trade dis...
The chief of South Korea’s financial supervisory body on April 5 stressed “inclusive finance” and “responsible innovation” as the key drivers of its regulatory oversight this year as the country prep...
The financial watchdog said on April 2 it will encourage some insurers to raise more capital this year as the nation’s insurance industry prepares to adopt stricter global accounting rules. Under...
Household lending extended by South Korea’s major banks continued to rise in March, with loans for self-employed businesses showing marked growth, market data showed on April 2. The country’s fiv...
South Korea’s nine financial holding firms saw their combined net profit rise 6.8 percent on-year in 2018, helped by a solid gain in interest income, data showed on April 1. The combined net prof...
Cyberattacks in Korea spike on virus crisis
Grocery platform Kurly sees surge in revenue, operating loss
Nexon wants employees to come back to office
Hana Bank, Woowa Brothers to create rating model based on online food orders
LIG Nex1 invests in Korean drone sensor company
SendBird acquires video conferencing platform Roundee.io
Korea's proposed M&As shrink to half in Q1
BlackRock offloads W130b stake in NCSoft
April 06, 2020
