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 ...

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 ...

Capitalization of Korean banks is mostly in line with the average common equity Tier 1 ratio among internationally active banks globally of 12.7%. Exposure to the 40 largest chaebol was 3.9% of ...

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 ...

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 ...

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

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.

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 ...

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 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.

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.