South Korea

Foreign banks’ Korean earnings up 6% on higher securities income

The net interest margin declined from 0.75% to 0.63%, according to official data.

Foreign banks’ Korean earnings up 6% on higher securities income

The net interest margin declined from 0.75% to 0.63%, according to official data.

South Korean banks’ bad loans climb 0.47% in December

This reflects a significant increase compared to the previous year.

South Korean banks’ net income down 23.9% in Q3

Non-interest income and return of assets both fell during the quarter.

South Korean banks’ net income down 23.9% in Q3

Non-interest income and return of assets both fell during the quarter.

Catholic Medical Center trailblazing big data and AI adoption in Korean healthcare

Its flagship Seoul St. Mary’s Hospital leads the seamless integration of cutting-edge technology across CMC’s eight affiliate hospitals.

South Korea, US to reinforce clean energy partnership

The cooperation prioritises policies and planning, and technologies, amongst others.

Paybooc app named User Experience of the Year in the 2021 Asian Experience Awards

BC Card’s contactless and seamless payment service won a User Experience award in the Payment category. 

South Korean incumbent banks’ profits at risk as Kakao Bank expand loan services

The internet-only bank plans to launch mortgages and merchant loan products.

South Korea to decide on Samsung daughters' life insurance shareholder eligibility

The regulator is expected to rule in their favour, sources revealed.