Search results for debt restructuring
Crypto
Dunamu expands youth self-reliance support; 4,122 aided over 3 years
Dunamu said on Tuesday it has supported a total of 4,122 young people over the past three years through its Upbit Next Series, a programme aimed at credit recovery and economic self-reliance. The three-stage initiative links credit recovery, asset building and job connections. Its Upbit Next Series: Didim has aided 936 people, providing financial consulting, living expenses support and zero-interest loans. Dunamu said mentoring indicators improved in a third-year analysis.
Finance
Hana Financial appoints Lee Seung-yeol as CIFO to strengthen inclusive finance governance
Hana Financial Group said on Tuesday it will strengthen its inclusive finance execution framework by appointing Vice Chairman Lee Seung-yeol (이승열) as chief inclusive finance officer. The group said it executed more than 60 percent of its 3.1 trillion won annual inclusive finance target in the first half and will step up efforts in the second half. Plans cover youth and small business support, debtor protection and financial crime prevention, and expansion of social solidarity finance.
Finance
KB Financial Group creates 1.66 trillion won in social value in first half
KB Financial Group said it measured 1.66 trillion won in social value created in the first half of this year, including 834.0 billion won in the second quarter. It said the figure reflects the monetised positive impact of its ESG activities on customers, shareholders and investors, and local communities. The group cited inclusive finance, support for fraud victims, youth savings and jobs programmes, SME safety and transition support, and community education and cultural projects.
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Finance
IBK Industrial Bank of Korea reorganises for second half, strengthens policy finance and AX
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Finance
Big Tech expands territory beyond payments into financial infrastructure
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Finance
KB Financial opens Jeonbuk KB Financial Town to activate asset management hub
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Finance
Financial sector \'digital risks\' rise, putting IT controls to the test
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Finance
Internet-only banks to expand in-person services, allowing debt restructuring and corporate loan screening
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AI & Enterprise
FSS urges banks to build AI internal control systems
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Finance
KB Kookmin Bank expands counselling support for vulnerable debtors, adds 300 million won
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Finance
Overdue debt collection practices to change after tax breaks on written-off loans
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Finance
Shinhan Financial to write off 500 billion won in delinquent debt, expand inclusive finance to 4.5 trillion won
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Finance
Mitos puts financial security to the test as network separation easing begins
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Finance
Hana Financial activates 3 trillion won inclusive finance roadmap, expands mid-rate loans and debt write-offs
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Finance
iM Bank unveils \'inter-Maum\' inclusive finance brand, vows to boost bank\'s public role
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Finance
KakaoBank expands support for financially distressed youth with \'Project Again, Spring\'
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Finance
Woori Financial launches Youth Future Link Loan to expand support for young adults
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Finance
IBK Industrial Bank of Korea launches \'Revive Enterprise\' debt restructuring programme