Search results for hybrid capital securities
Industry
Hanwha Solutions to use 2.4 trillion won to defend credit rating, repay borrowings
Hanwha Solutions approved a 2.4 trillion won rights issue to overhaul its financial structure and pre-empt pressure on its credit rating by directly repaying debt. Of the proceeds, 1.5 trillion won will be used to redeem bonds, commercial paper and credit lines maturing this year, targeting a consolidated debt ratio below 150 percent by year-end. The remaining 900 billion won will fund solar technology investments over three years. The company also disclosed a 2026-2030 shareholder return policy.
Finance
K Bank posts 112.6 billion won net profit in 2025, shifts to non-interest-led growth
K Bank said it posted net profit of 112.6 billion won last year. It added 2.78 million new customers, taking the total to 15.53 million, and ended the year with 28.43 trillion won in deposits. Loans rose 13 percent to 18.38 trillion won. Interest income fell 7.8 percent, while non-interest income rose about 40 percent. Asset quality indicators improved and its BIS ratio was 14.52 percent.
Finance
Middle East-led oil and currency shock raises uncertainty in financial markets
South Korea\'s financial markets are seeing sharp volatility as a Middle East-driven oil shock sends the KOSPI plunging and lifts uncertainty. Concerns over prolonged high oil prices have pushed the won-dollar exchange rate up to 1,500 won, widening stock-market swings and prompting warnings about overheated leverage as some credit trading is halted. Regulators, banks and brokerages are stepping up risk management, while authorities also move to crack down on unfair trading and strengthen preventive supervision.