Search results for BNK Capital
Finance
Mid-rate livelihood stability loans spread among non-bank lenders as commercial banks hold back
South Korea\'s Financial Services Commission\'s mid-rate livelihood stability loan, introduced to support living expenses for mid- and low-credit borrowers, is spreading mainly among non-bank lenders. The product was first launched by six savings banks and has since been rolled out by additional savings banks and capital firms. Major commercial banks have not launched it separately and say plans remain undecided, though they have introduced their own mid-rate and inclusive finance products. Regulators are expanding household-loan volume management incentives for mid-rate lending, which could boost supply.
Finance
BNK Financial first-half net profit down 13.5 percent to 411.8 billion won
BNK Financial Group\'s first-half net profit attributable to controlling shareholders fell 13.5 percent from a year earlier to 411.8 billion won, it said on July 28, citing base effects from last year\'s real estate fund disposal gains and one-off losses this year. Second-quarter net profit slipped 5.2 percent from the previous quarter to 200.4 billion won. Asset quality indicators improved, while the group maintained its common equity tier 1 ratio within its management target range.
Finance
BNK Financial forms 50 billion won productive finance strategic fund
BNK Financial Group is launching productive finance investment to foster strategic industries in South Korea’s Southeast region and nurture local innovative companies. The group said it has completed the formation of the 50 billion won BNK Productive Finance Strategic Fund and will begin full-scale investment. The fund aligns with Chairman Bin Dae-in’s second-term management direction and serves as a group-level investment platform.
