KB and Woori financial groups will face intense scrutiny from the Financial Supervisory Service (FSS), as indicated by ...
Several leading South Korean banks and retail giants have joined the central bank’s fast-expanding CBDC pilot. Find out more!
KB, through its subsidiary Kookmin Bank, is the largest bank in South Korea, with around 512 trillion KRW, or around $380B in assets. KB Financial Group also owns KB Securities, KB Insurance ...
When the U.S. cut its benchmark interest rate by 0.25%p, the market was relieved by the expected results.As a result, the ...
However, those from thrift institutions, like savings banks and internet banks, and credit unions rose by 2 trillion won, ...
KB Kookmin Bank extends conditional lease on a deposit basis loan restrictions.Kookmin Bank said it will extend its "restrictions on the handling of ...
After nearly three decades, South Korea's KB Kookmin Bank has decided to exit the New Zealand banking market. “After a ...
South Korea's household credit increased at a faster rate in October due to rising loans from savings banks and credit unions ...
Total household credit provided by all financial institutions, including commercial banks, savings banks, and insurance and ...
An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on ...
Despite a recent rate cut by the Bank of Korea (BOK), loan rates at major banks continue to rise due to regulatory pressure ...