Banking & Finance
Banking & Finance
KB Kookmin Bank issues €500 mn in covered bonds
Oct 15, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset gets int'l privacy protection certification
South Korea's Mirae Asset Securities Co. said on Monday that it won the international personal information standard ISO 27701 certification after und...
Oct 14, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Liner raises $20 mn in Series B funding
South Korean AI search startup Liner said on Friday it raised 270 billion won ($200 million) in a Series B funding round led by Atinum Investment and...
Oct 11, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Hanwha Securities buys 5.4% stake in Edinburgh Airport
Hanwha Investment & Securities said on Monday that it acquired a stake in Edinburgh Airport in Scotland.Edinburgh Airport is jointly owned by Glo...
Oct 07, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Mirae Asset Securities builds AI-based stock analysis system
South Korea's Mirae Asset Securities Co. said on Monday that it has established an AI Market Assistant system, in which artificial intelligence (AI) ...
Oct 07, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Shinhan Card launches debit cards for foreign residents in S.Korea
South Korea's Shinhan Card said on Friday that it has launched two debit cards exclusively for foreign residents in the country: the SOL Global Check...
Sep 27, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Korea Investment to publish emerging market investment guidebook
Korea Investment Management Co. said on Friday that it will publish an Emerging Market Guidebook on September 30, which will contain investment strat...
Sep 27, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Woori Bank expands services for foreign customers in S.Korea
Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open on...
Sep 27, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Korea’s Hana Financial Group targets foreign customers
Hana Financial Group, South Korea’s third-largest financial holding company, is targeting foreign individual customers in the country with a de...
Sep 24, 2024 (Gmt+09:00)
2 Min read -
Banking & Finance
Korean banks post significant H1 profit drop at overseas operations
South Korea’s top four banks saw a significant drop in their overseas earnings in the first half as they focused more on domestic businesses su...
Sep 20, 2024 (Gmt+09:00)
2 Min read -
Banking & Finance
Mirae Asset Securities introduces AI assistant platform for its employees
South Korea's Mirae Asset Securities said on Friday that it introduced an artificial intelligence (AI) assistant platform to enhance company-wide ope...
Sep 20, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Hana Bank opens branch for foreign customers in Pyeongtaek
South Korea's Hana Bank said on Thursday that it opened a branch for foreigners in Pyeongtaek.The Pyeongtaek Foreign Customer Center, located in Pyeo...
Sep 20, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Woori Financial launches $75 mn PF restructuring support fund
South Korea's Woori Financial Group has launched a 100 billion won ($74.96 million) project financing (PF) restructuring support fund.This marks the ...
Sep 19, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
India offers Korean firms detailed guidance for forays into India
India’s finance ministry, central bank and stock market operator outlined the country’s regulatory and investment environment for South K...
Sep 17, 2024 (Gmt+09:00)
3 Min read -
Banking & Finance
Korea's Woori Bank adds two more branches in India
South Korea’s Woori Bank announced on Thursday that It has opened additional branches in Pune and Ahmedabad, India.These are the bank's fourth ...
Sep 12, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Shinhan SOL Travel Cards' cumulative issuance reaches 1.2 mn
South Korea's Shinhan Card said on Wednesday that the cumulative issuance of its travel-specialized card, the Shinhan SOL Travel Card (available in b...
Sep 11, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Hana Bank opens overseas office in Monterrey, Mexico
Hana Financial Group announced on Thursday that it opened the Monterrey Office, the first business channel of Hana Bank Mexico, in Monterrey, Mexico,...
Sep 05, 2024 (Gmt+09:00)
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Banking & Finance
Hana Financial, SK Telecom buy shares in BitGo
Hana Financial Group and SK Telecom Co. acquired shares in BitGo Korea, the Korean unit of a global digital asset trust company, and decided to estab...
Sep 03, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Hana Card's debit card overseas payment reaches 50%
South Korea's Hana Card reported on Friday that its domestic market share in overseas debit card payments has reached nearly 50%.The number of subsc...
Aug 30, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
IGIS, Naver Labs to develop tech convergence space platform
South Korea’s IGIS Asset Management Co. said on Wednesday that it signed a memorandum of understanding (MOU) with six companies, including Nave...
Aug 28, 2024 (Gmt+09:00)
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Banking & Finance
BC Card, Uzbekistan to connect payment network
South Korea's BC Card said on Monday that it signed a contract with Uzbekistan's state-run payment operator National Interbank Processing Center (NIP...
Aug 27, 2024 (Gmt+09:00)
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Banking & Finance
Kookmin to tighten loan limits to cool housing market
Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the governm...
Aug 26, 2024 (Gmt+09:00)
3 Min read -
Banking & Finance
Mastern, Woods Capital team up for tech hub
Mastern Investment Management Co., South Korea's real estate investment firm, said on Monday that its US subsidiary Mastern America LLC signed a memo...
Aug 26, 2024 (Gmt+09:00)
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Banking & Finance
Korea Investment's Nasdaq 100 ETF surpasses $747 mn
Korea Investment Management Co. said on Thursday that the net assets of its ACE US Nasdaq 100 Exchange-Traded Fund (ETF) had surpassed 1 trillion won...
Aug 22, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Card tops S.Korea's EPG ranking for financial institutions
South Korea's Shinhan Card said on Monday it was ranked as the leading company in the domestic financial sector in an environment, population, and go...
Aug 20, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Financial opens new headquarters in Ho Chi Minh City
South Korea's Shinhan Financial Group opened a new headquarters in Ho Chi Minh City, Vietnam.Shinhan Financial held an inauguration ceremony for the...
Aug 19, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Samsung's financial arms beat No.1 banking group KB in profit
Samsung Group's financial services business has overtaken South Korea's No. 1 banking group KB Financial Group in terms of net profit, posing a threa...
Aug 16, 2024 (Gmt+09:00)
3 Min read -
Banking & Finance
Samsung’s Monimo set to disrupt Korea’s financial app market
Samsung Group, South Korea’s most powerful business group, is poised to crack the country’s financial app market — now crowded with...
Aug 14, 2024 (Gmt+09:00)
3 Min read -
Banking & Finance
Korean pension subscribers show ultra-low risk tolerance
South Korean pension plan subscribers prefer to protect their money rather than taking risks for capital gains despite the government's effort to enc...
Aug 13, 2024 (Gmt+09:00)
2 Min read -
Banking & Finance
Korea opens probe into Woori's loans to ex-chair's relatives
South Korea’s financial watchdog agency said on Sunday it has found that Woori Financial Group, the country's fourth-largest financial holdings...
Aug 11, 2024 (Gmt+09:00)
2 Min read
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