Shinhan Bank confirmed a leak of personal and credit information affecting about 25,000 customers after an abnormal method was used to bypass authentication and access some services. The leaked data include names, phone numbers, annual income and calculated loan limits, as well as 66 resident registration numbers and 97 CI linkage identifiers. South Korea\'s Financial Supervisory Service began an emergency on-site inspection. The incident is expected to raise questions about Shinhan Bank\'s information protection and internal control systems.

Woori Financial Group has begun management succession procedures to appoint the next head of Woori Bank. Woori Financial Group said it launched the process after holding a meeting of its subsidiary CEO candidate recommendation committee. The company plans to expand the role of the bank executive candidate recommendation committee, add a new review of management performance, and involve external specialist organisations to verify performance from a market perspective. It will also set detailed standards and procedures in advance.