The average capital adequacy ratio of 17 commercial and state-run banks stood at 15.68 percent as of the end of March, up ...

South Korean financial institutions have launched a new residence card verification service that allows foreign nationals to access personal financial services remotely. The system, introduced in 2023 ...

A total of 20 Korean financial institutions, including banks, savings banks, securities brokerage firms and a credit card ...

South Korean banks saw their capital adequacy ratio inch up in the first quarter of the year, data showed Thursday. The ...

KB Kookmin Bank has been selected as the top domestic commercial bank for the 12th consecutive ... was ranked first among Korean financial companies in the Banking 500 list announced In March ...

Korean banks' household loans are unlikely ... During this period, eight commercial banks reduced their total headcount by 10.6% through voluntary retirement programs. The number of branches ...

rather than loans that would compete with commercial banks). We presume that the Korean government allows the policy lenders to maintain such a large role, rather than pulling them back from ...

The ultimate in community banking. Both Chinese and Korean banks in L.A. are devoted to and dependent upon their respective ethnic bases, and both emphasize personal relationships when it comes to ...

Major commercial banks have reportedly improved operational efficiency through voluntary retirements since 2020. However, due to recent criticism of the banks' severance pay 'money feast', the ...

General Sung added that "Korean commercial and private banks have agreed to consolidate a certain type of fund that will ensure an additional USD 7.5 billion. "So this is very extensive financing ...