Search results for Kyongnam 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 reshuffles organization to focus on Busan-Ulsan-South Gyeongsang industries and AX
BNK Financial Group has carried out a second-half organizational reshuffle centered on a strategy tailored to the Busan-Ulsan-South Gyeongsang region and support for key local industries. It set up new units at the holding company to handle regional economic research, localized ESG strategy and an AI transformation drive, and created dedicated industrial finance organizations at Busan Bank and Kyongnam Bank. It also added teams focused on digital assets and marine finance.
Finance
Align Partners makes public proposal to review merger between JB Financial and BNK Financial
Align Partners Asset Management made a public proposal to the boards of JB Financial Group and BNK Financial Group to review the strategic and financial feasibility of a merger. It said it asked the boards to form a special committee of independent directors and appoint a global investment bank and a strategy consultancy as advisers. Align Partners requested a reply by Aug. 7 and disclosure of any review results by the third-quarter earnings release.
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Finance
Korean banks tighten household loans, cut mortgage limits and strengthen controls
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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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Finance
Youth Future Savings bonus rates disclosed, banks offer up to 8 percent
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Finance
Regional financial holdings post mixed Q1 net profit results despite asset growth
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Finance
Jeju Bank services to be available at post offices nationwide from May
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Finance
BNK Financial Q1 net profit rises 26.9% to 211.4 billion won
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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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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
BNK Financial joins Korea Venture Investment, KODIT to build growth base for southeast innovation firms
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Finance
Regional financial holding firms post record results, eye non-bank growth battle in 2026
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Finance
BNK Financial posts 2025 net profit of 815.0 billion won, up 11.9 percent