The Democratic Party of Korea and the People Power Party have proposed competing stablecoin bills in South Korea's National ...

Some South Korean crypto exchange workers are getting paid more than staff in some of the nation's top commercial banks, new data shows. Per News1, average salaries have "more than doubled ...

Just as CalSTRS handles retirement funds for California teachers, POBA is the pension fund for South Korean public officials, where it manages $16 billion in assets. “POBA enjoys a very good ...

At least two major South Korean commercial banks are expanding abroad to capitalize on opportunities as the country offers foreign investors greater access to its currency. KB Kookmin Bank will ...

Eight major commercial South Korean banks have formed a consortium to establish a won-linked stablecoin venture. The collaboration involves participation from the Open Blockchain and DID ...

Dec 06- Standard & Poor's Ratings Services said today that it has revised or affirmed its ratings on five major Korean commercial banks and their affiliates after applying revised criteria for ...

South Korean commercial banks are stepping in to provide financing for arms sales to Poland as the state-backed Export-Import Bank of Korea (Eximbank) runs up against a lending limit. KB Kookmin ...

Capitalization of Korean banks is mostly in line with the average common equity Tier 1 ratio among internationally active banks globally of 13.2% as of June 2021.

Capitalization of Korean banks is mostly in line with the average common equity Tier 1 ratio among internationally active banks globally of 13.2%. Exposure to the 34 largest chaebol was 5.1% of ...

At the four biggest Korean banks -- Kookmin, Woori, Shinhan and Hana -- the ratio ranged between 149 and 181 percent in the second quarter of 2008, according to Moody's Investors Service.

Korean American bankers like Michael Kim at Nara Bank are helping finance some of the businesses; Korean American brokers and lawyers are drafting the contracts and helping set up operations.