Finance
KakaoBank sets mid-to-long-term growth roadmap in motion on record quarterly results
KakaoBank is moving ahead with a mid-to-long-term growth roadmap after posting its best-ever quarterly performance. The company said first-quarter net profit totalled 187.3 billion won, a record for a quarter. It outlined plans to broaden its deposit products, expand AI features, grow lending with tighter risk management and push new businesses including a won-based stablecoin ecosystem. It is also reviewing a capital company acquisition and seeking to monetise overseas operations.
