Search results for ELS
Finance
SC First Bank H1 net profit doubles to 424.4 billion won
SC First Bank said on Aug. 14 its first-half consolidated net profit rose 103 percent from a year earlier to 424.4 billion won, helped by improved business performance and provision management. Non-interest income climbed 78 percent to 365.6 billion won on stronger wealth management and higher foreign exchange derivatives gains, while part of 110.2 billion won in provisions tied to Hong Kong H-index ELS fines was reversed.
Industry
LG Electronics steps up push into Thailand and Philippines laundromat market
LG Electronics is expanding its commercial laundry appliance business in Southeast Asia. The company said it has completed supplying commercial washers and dryers to 630 stores run by Thailand\'s Trendy Wash and plans to supply about 400 new stores opening this year. LG Electronics said its Southeast Asia commercial laundry appliance sales rose 60 percent in 2025, with Thailand more than doubling and the Philippines up more than 1.5 times.
Finance
Governance rules added to performance scorecard as fate of South Korea’s top five bank chiefs hangs in balance
The terms of South Korea’s five major bank chiefs end at the same time on Dec. 31, turning leadership succession into a key second-half issue for the financial sector. The industry is leaning toward reappointments to maintain management continuity, but performance differences and governance factors could shape outcomes. Regulators are also discussing governance reforms, including measures to boost board independence and transparency in CEO selection, which could affect year-end appointments.
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Finance
Top four financial holding groups set for record first-half profit above 11 trillion won
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Finance
ELS fines cut to 600 billion won after local elections, financial policy in focus
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Finance
FSS cuts penalties on banks over Hong Kong H-index ELS to 600 billion won
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Finance
Woori Bank opens \'Two Chairs W Jamsil\' as it expands wealth management channels
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Finance
Capital market rules tighten as MyData programme expands
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Finance
Hong Kong ELS fine decision delayed again as FSC deliberates for two months
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Finance
Decision on Hong Kong ELS fines for banks nears ahead of FSC meeting
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Finance
Korea\'s derivatives market at 30 as trading shifts to overseas and crypto markets
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Finance
FSS to fine five banks 1.3 to 1.4 trillion won over mis-selling of Hong Kong ELS
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Finance
FSS chief urges banks to curb household debt and strengthen consumer protection
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Finance
KB Financial posts 5.84 trillion won net profit for 2025, up 15.1 percent
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Finance
South Korea watchdog fines five brokerages about 3 billion won over Hong Kong ELS sales
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Finance
Financial union raises issues with ELS sanctions method, condemns FSS inspection practices
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Crypto
Parameta, RiskX join for stablecoin-based global digital asset and finance business
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Finance
KB Securities brokerage ISA balances top 4 trillion won, 92 percent from people in their 20s and 30s