bok household loan

Hong Kong-based Affinity Equity Partners is set to extend its tender offer for South Korean food container maker Lock&Lock Co. shares, as the pr...

Central banks of South Korea and Malaysia renewed a bilateral local currency swap arrangement for an additional three years, the Bank of Korea (BOK)...

South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery in the property mar...

South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade gu...

South Korea's KakaoBank Corp. enjoyed a record quarterly net profit of 111.2 billion won ($81 million) for the first quarter of this year, the com...

TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the...

Creditors to Taeyoung Engineering & Construction Co. (Taeyoung E&C) gave the go-ahead to a debt workout program for the cash-strapped South ...

In India, the world’s most populous country, about 1.2 billion people are estimated to have no credit score because most are unbanked, meaning...

One of the South Korean owners of Taylormade Golf Co., a leading global golf equipment maker, is set to refinance its 300 billion won ($221.7 millio...

South Korea’s savings banks turned to the red after nine years in 2023 as they put aside heavy reserves on future loan losses, with their loan...

Shinhan Bank announced on Friday that its Indonesian subsidiary Shinhan Bank Indonesia signed a strategic business agreement with PT Artha Dana Tekn...

Daewoo Engineering & Construction Co. has signed an agreement to take on a $250 million loan from three Kuwaiti banks, Al Ahli Bank of Kuwait (A...

South Korea’s headline inflation rebounded in February from a six-month low on higher prices of oil and agricultural products, adding to expec...

South Korea’s top four financial services groups – KB, Shinhan, Hana and Woori -- booked 1.97 trillion won ($1.5 billion) of loans as lo...

South Korea’s central bank held its policy rate flat at 3.5% for a ninth straight session on Thursday as it was deemed too early for a rate cu...

The South Korean government is seeking to lower the country’s video streaming service, or over-the-top (OTT) media service, rates as part of i...

KB Financial Group and Kakao Bank, top players in South Korea’s offline and mobile banking sector, respectively, achieved their highest-ever p...

South Korea’s headline inflation dropped for a third straight month to a six-month low on declining oil prices, adding relief to the central b...

Private debt and infrastructure will remain South Korean institutional investors’ favorite alternative asset classes for the second straight yea...

South Korea’s central bank on Thursday hinted its policy rate may have peaked after leaving the rate unchanged for the eighth straight meeting...

LG Display Co., the world’s leading manufacturer of organic light-emitting diode (OLED) panels, will raise 650 billion won ($494 million) by t...

Youngone Corp., a South Korean clothing manufacturer to global outdoor brands like The North Face and Patagonia, said on Thursday it has decided to ...

South Korea’s SK Hynix Inc., the world’s second-largest memory chipmaker, is seeking to raise about $1 billion in dollar bonds.The chipm...

South Korea’s Taeyoung Group, saddled with 5.6 trillion won ($4.4 billion) in debt and loans it has guaranteed, filed for a debt workout progr...

South Koreans expect inflation to slow over the next 12 months, providing relief to the central bank’s hawkish stance that policy rates should...

Bank of Korea (BOK) Governor Rhee Chang-yong has transformed the central bank into a dynamic monetary authority by cooperating with not only oversea...

A recovery in semiconductor exports led an increase in South Koreans’ income in the third quarter, although the earnings growth momentum may n...

Four major banks in South Korea are enjoying healthy earnings from overseas businesses, particularly in Asian emerging markets.KEB Hana Bank posted ...

South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...

South Korea’s second-largest conglomerate SK Group is accelerating its net zero transition with its affiliates agreeing to buy 537 gigawatts h...