Search results for capital companies
Industry
Moving fabs alone may not make South Korea\'s semiconductor relocation work, MPE ecosystem key
South Korea is pushing to disperse its semiconductor production base beyond the capital area, but simply moving fabs may deliver limited results, industry voices say. The government plans to allocate over 40 percent of its National Growth Fund to non-capital regions and offer special subsidies to relocating materials, parts and equipment firms. Officials also aim to build regional specialisation, but supply-chain depth, engineers’ response times, power costs and local settlement conditions are seen as decisive.
Finance
Why Korea\'s financial sector is rushing to buy capital companies
Competition to acquire capital companies is intensifying in South Korea\'s financial sector. With limited room for growth in household lending and mounting constraints on profit models centered on deposit-to-loan margins, capital firms are emerging as a key route into the non-bank credit market. KakaoBank is pushing to buy Mastern Capital, Hanwha Life has been named preferred bidder for Acuon Capital, and Sh Suhyup Bank is reviewing options as it seeks to broaden its non-bank portfolio.
Finance
KakaoBank supplies 1.2 trillion won in mid to low credit loans using non-financial data
KakaoBank is expanding loans to mid and low credit borrowers using an alternative credit scoring model built solely on non-financial data. The bank said it additionally supplied 1.2 trillion won in such loans by reassessing applicants rejected under financial-data models. About 12 percent of mid to low credit loans handled since adopting the model in 2023 went to individuals and sole proprietors newly selected through alternative-data evaluation. Cumulative supply since July 2017 has exceeded 16 trillion won.
-
Finance
Woori Financial steps up support for youth, middle-to-low credit borrowers with inclusive finance platform launch
-
Finance
FSC urges securities sector to restore core functions, discusses expanding risk capital supply
-
Finance
FSC cuts rate requirements for mid-interest loans by up to 1.25 points, expands supply
-
Finance
Finda says demand for car-backed loans rises as banks tighten lending
-
Finance
KakaoBank to pursue M&A in payments and capital firms to build growth drivers
-
Finance
K Bank expands refinancing for \'Boss\' real estate secured loans
-
Finance
Finda adds all auto-backed loan providers to platform