Search results for delinquency rate
Finance
Woori Bank shakes off first-half slump, posts record third-quarter net profit
Woori Bank rebounded from weak first-half results, posting a record quarterly net profit of 1.03 trillion won in the third quarter, up 22 percent from the previous quarter. Nine-month net profit rose 4.7 percent from a year earlier to 2.40 trillion won. Higher interest income from expanded corporate lending, stronger non-interest income and lower loan-loss provisions supported results. Its net interest margin fell and delinquency indicators worsened.
Finance
Korean banks\' loan delinquency rate rises for second straight month; SME corporate at 1.10 percent
Korean banks’ delinquency rate on won-denominated loans rose to 0.69 percent at end-August, extending gains for a second month, data from the Financial Supervisory Service showed. Delinquencies on loans to small and medium enterprises reached 1.00 percent, with SME corporates at 1.10 percent. The watchdog said overall delinquency remains below the long-term average, but warned vulnerable areas such as SMEs and individual business owners could see further increases.
Finance
Financial sector hacking spreads, delays gain support for digital asset tax postponement
A string of hacking incidents in South Korea’s financial sector has led to confirmed personal data leaks at savings banks and mutual finance groups, prompting authorities to step up inspections and security requirements. Banks are moving to raise cybersecurity spending and expand fraud prevention systems using AI. Market volatility and a steep stock selloff also drew a policy response. Political debate intensified over postponing digital asset taxation and regulating exchange shareholders.
-
Finance
NACF mutual loans delinquency at 17.5 percent; executive bonuses paid at loss-making co-ops
-
Finance
Delinquency rate 2.6 times higher after three months of funding strain; MyData can spot risk early
-
Finance
Online investment-linked finance gains momentum for mid-rate loans, expands base to sole proprietors
-
Finance
South Korean banks\' delinquency rate rises to 0.63 percent; corporate loan rate at 0.78 percent
-
Finance
Small business sales up 4.5 percent but margins fall for second straight quarter; delinquencies rise
-
Games & Commerce
Toss Bank posts record first-half net profit of 58.9 billion won
-
Finance
Savings banks post 765.8 billion won net profit in first half, delinquency rate improves
-
Finance
South Korean banks\' won loan delinquency rate falls to 0.56 percent in June
-
Finance
Eight Percent cumulative investments top 20 million, average annual return 10.3 percent
-
Finance
KakaoBank first-half net profit rises 24.4 percent to 328.0 billion won
-
Finance
Kbank first-half net profit falls; SOHO loans double in a year
-
Finance
K Bank first-half net profit 60.1 billion won, down 28.7 percent
-
Finance
Digital asset cross-industry ties spread as top 4 financial groups post 11 trillion won profit era
-
Finance
KB Financial first-half net profit 3.88 trillion won, non-bank contribution 44 percent
-
Finance
Korean banks\' loan delinquency rate rises to 0.67%; SME delinquency tops 1 percent