South Korea's five largest commercial banks wrote off or sold more than 8 trillion won (about $5.5 billion) in nonperforming ...
S. Korean banks are shifting their corporate lending strategies toward SME, reflecting the Lee Jae-myung administration's ...
The guidelines were established as a self-regulation measure on the 26th after a vote by the Korea Federation of Banks. Each ...
South Korea is likely to end the year without a framework for locally issued stablecoins, amid ongoing disputes over the role of banks in stablecoin issuance. The country’s central bank, the Bank of ...
South Korea's first internet-only lender K bank has joined hands with Kasikornbank, the largest commercial bank in Thailand, ...
Regulators and the Bank of Korea remain at odds over bank dominance in issuing won-backed stablecoins, stalling a long-awaited framework expected this year. South Korea is likely to end the year ...
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