Search results for jeonse
Finance
Bank of Korea governor Shin Hyun-song says rate hikes needed before it is too late
Bank of Korea Governor Shin Hyun-song said there is a need to raise the policy interest rate before it is too late, stressing a focus on price stability. He said growth has strengthened on the back of solid semiconductor exports driven by the global spread of AI, but inflation burdens are rising. He also cited risks from the housing market, household debt and leveraged investing.
Finance
Dcamp to share five startup cases linking financial services on June 24
Startup growth partner Dcamp will hold its \'Startup OI #Financial Sector\' event with the Korea Fintech Support Center on June 24 at Dcamp Mapo. Five startups — Goi Funeral Research Institute, Terafai, Tnaps, Whatsub and Wello — will present alongside financial institutions\' collaboration managers. They will outline problem-solving processes, data and technology-based synergies, business outcomes and future cooperation plans. Awards will be given for best and outstanding cases after presentations.
Finance
Governance reform, digital assets legislation in focus as financial agenda may accelerate after election
South Korea\'s financial sector is turning its attention to regulators and parliament after the June 3 local elections, with a range of delayed policy issues expected to return to the agenda in the second half. These include governance reforms at financial holding firms, possible restrictions on jeonse loans for non-resident single-home owners, a no-fault compensation scheme for voice phishing victims, the Digital Assets Basic Act and revisions to the Microfinance Act.
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AI & Enterprise
National AI Strategy Committee releases 8 months of results, discloses action plan and budget
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Finance
Toss Bank Q1 net profit 29.6 billion won, up 58.3 percent
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Finance
National Participation Growth Fund sells out as financial sector steps up payment ecosystem expansion
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Finance
KakaoPay applies KakaoPay Score to KHFC jeonse loan guarantee screening
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Finance
Stablecoin race for control spreads, KOSPI nears 7,000
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Finance
IBK Industrial Bank of Korea introduces rate discount for remote loans to SME workers
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Finance
Fintech industry group calls for public STO use, review of development gains sharing and leasehold loan application
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Finance
Capital market rules tighten as MyData programme expands
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Finance
NH NongHyup Bank launches local settlement finance package, bolsters support outside capital
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Finance
Shinhan Bank expands support to prevent lease fraud, subsidises guarantee fees for youth and vulnerable groups
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Finance
Shin Hyun-song, Bank of Korea governor nominee, apologises over personal issues, sets out stance on monetary policy and stablecoins
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Finance
Korean banks\' household loans return to growth after four months, up 500 million won
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Finance
KB Kookmin Bank releases web entertainment video to prevent jeonse fraud
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Finance
Banks, fintech brace for battle over refinancing for sole proprietors
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Finance
KakaoBank runs interest support event for Akkim-e Bogeumjari loans