Search results for Busan Bank
Finance
Small business credit scores to factor in sales, trading areas; 16 banks to apply 2.2 trillion won
A new credit scoring system for small business loan screening will start operating from late August, evaluating future growth potential using data such as sales, local trading areas, employment and online activity in addition to the owner’s past financial history. The scope will expand from 7 banks and 1.8 trillion won to 16 banks and 2.2 trillion won. Authorities also plan to use the model for a dedicated loan product and future guarantee reviews.
Finance
BNK Financial reviews second-half economic outlook, seeks marine industry-focused finance
BNK Financial Group reviewed its outlook for the economy and foreign exchange markets in the second half and discussed the role of financial firms in revitalising the regional economy and marine finance. The group held its BNK Future Vision Forum in Busan with about 100 executives and department heads from affiliates. Presentations covered the FX market outlook, key market variables and the role of finance in regional growth. A former oceans minister urged expanding marine industry-focused finance.
Finance
Banks to ease conditions for discounted loan rates, recognise debit card spending the same
South Korea\'s Financial Supervisory Service said on Tuesday it will work with banks to improve how card spending is calculated for loan rate discounts and to narrow excluded items. Banks will provide clearer guidance in loan contracts and on digital channels, and notify long-term borrowers at least once a year. Exclusions will be cut to about 0 to 1 item per bank. Debit and credit card spending will be treated the same, and instalment payments will be counted monthly over the instalment period.
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Finance
BNK Financial reshuffles organization to focus on Busan-Ulsan-South Gyeongsang industries and AX
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Finance
Align Partners makes public proposal to review merger between JB Financial and BNK Financial
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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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Fintech
Youth Future Savings open to applications regardless of birth year from June 29
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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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Finance
Overseas Koreans to digitise financial power of attorney, process directly at banks without international mail
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Finance
BNK Financial Q1 net profit rises 26.9% to 211.4 billion won
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Finance
Capital market rules tighten as MyData programme expands
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Finance
KakaoBank, Busan Bank sign joint SME loan agreement
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Crypto
Bank of Korea steps up \'Project Hangang\' as it presses CBDC pilot
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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
BNK Financial introduces banks\' first mobile bond trading service for retirement pensions
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Finance
Baseball season returns as South Korean banks heat up \'baseball marketing\'