Search results for IBK
AI & Enterprise
Telecoms\' Q1 results diverge after hacking incidents; SKT and KT profitability slows
A series of hacking incidents last year is expected to affect South Korea\'s three mobile carriers in the first quarter. SK Telecom and KT are seen posting weaker results as compensation payments and marketing costs weigh on profitability. LG Uplus is forecast to be the only one to report gains in both sales and operating profit, helped by subscriber inflows and growth in new businesses. Analysts also see scope for a recovery in the second half.
Industry
SK hynix results D-1 stirs market buzz as shares hit record high again
Market expectations for SK hynix are peaking ahead of its first-quarter preliminary results due on April 23. The stock rose as high as 1,228,000 won intraday on April 21, setting a record. Brokerages expect operating profit of 38 to 40 trillion won, above the 35.9 trillion won consensus. Analysts cite conventional DRAM and enterprise SSD, alongside a broader surge in memory export values.
Finance
Capital market rules tighten as MyData programme expands
South Korean financial authorities are accelerating efforts to tighten capital market discipline, pledging tougher action against illegal practices aimed at avoiding delisting and pushing for timely exits of so-called zombie firms. Korea Exchange will introduce rules from July to delist penny stocks and raise standards for dealing with weak companies. Regulators also plan to curb duplicate listings and tighten reviews. Some decisions, including Hong Kong ELS fines and Samsung Securities approvals, remain delayed.
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People
IBK Industrial Bank appoints Yoo Il-gwang as executive director
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Finance
IBK Industrial Bank of Korea launches fuel-cost relief event offering points and coupons
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Industry
Korea display big two expected to hold up in Q1 despite memory headwinds
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Finance
Small business loan barriers may ease as lenders weigh growth over credit history
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Telecommunications & Media
LG Uplus to work with IBK System to develop finance-focused AI
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Finance
IBK Industrial Bank of Korea signs agreement with KOTRA to boost export support for SMEs
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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
Welcome Savings Bank launches co-CEO system with Park Jong-sung and Son Dae-hee, two-track AI shift and IB strengthening
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Finance
IBK Industrial Bank of Korea to provide 200 billion won support to SMEs involved in navy vessel MRO
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Finance
IBK Industrial Bank of Korea expands cooperation with policy lenders to strengthen productive finance
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Finance
IBK Industrial Bank of Korea, KIS Asset Valuation sign climate finance cooperation MOU
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Crypto
Bank of Korea begins phase two of Project Hangang to lay groundwork for commercialising digital currency and deposit tokens
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Finance
Naver Pay opens credit loan refinancing service for sole proprietors
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Finance
Banks, fintech brace for battle over refinancing for sole proprietors
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Finance
IBK Industrial Bank of Korea launches \'Revive Enterprise\' debt restructuring programme