Search results for BNK Busan Bank
Finance
Banking gaps in fund management, reverse mortgage processing spark calls for reform
South Korea’s National Assembly steering committee raised issues during an audit over how public institutions place deposits with regional banks, differences among banks in the time needed to disburse reverse mortgage loans, and funding constraints for long-term fixed-rate mortgages. Lawmakers urged changes to criteria for selecting transaction banks to support regional finance, steps to shorten reverse mortgage payment procedures, and reforms to help banks secure long-term funding, including measures to invigorate the covered bond market.
Finance
Investment firms on edge ahead of parliament audit as leverage losses, finance hacking loom
South Korea\'s financial investment industry is bracing for a parliamentary audit that is expected to focus on investor protection and information security. Lawmakers are set to question regulators over the rollout and supervision of single-stock leveraged and inverse exchange-traded products after disclosures of retail losses. The expanding hacking incidents across financial institutions have also put securities firms\' security and internal control systems under scrutiny, alongside calls for tougher preventive inspections.
Finance
Financial sector hit by hacking, security vulnerabilities exposed across the board
South Korea\'s financial sector faced a security emergency after a string of hacks and personal data leaks. Shinhan Bank had customer information for about 25,000 people leaked, while KB Kookmin Bank and Hana Bank confirmed leaks involving 119 and 89 customers. Regulators said related IP addresses linked to the same attacker were found across seven firms, with external-facing services used as attack routes. Authorities are investigating possible automated attacks using AI tools and ordered an industrywide security review.
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Fintech
Financial sector hacking spreads, signs of same attacker at seven firms
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Finance
Hacking emergency spreads from banks to savings banks and capital firms in South Korea finance sector
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Finance
BNK Financial to provide 1.6 trillion won in Chuseok funding for SMEs and small merchants
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Finance
Deposit tokens push into payment networks, accelerate capital market overhaul
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Finance
BNK Busan Bank launches preferential loan for daily construction workers
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Finance
BNK Financial strengthens consumer protection governance, guarantees two-year CCO term
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Crypto
K-STAR verifies blockchain-based digital local currency with BNK Busan Bank
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Finance
BNK Financial forms 50 billion won productive finance strategic fund
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Crypto
Danal Fintech, BNK Busan Bank complete won stablecoin payment PoC
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Finance
Youth Future Savings bonus rates disclosed, banks offer up to 8 percent
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Crypto
LG CNS joins phase 2 of Bank of Korea\'s Project Hangang to test deposit tokens
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Finance
Baseball season returns as South Korean banks heat up \'baseball marketing\'
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People
K Bank CEO Choi Woo-hyung joins youth illegal gambling crackdown relay campaign
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Finance
BNK Financial joins Korea Venture Investment, KODIT to build growth base for southeast innovation firms