Search results for loan interest
Finance
KakaoBank posts record first-quarter net profit of 187.3 billion won
KakaoBank said on Tuesday its first-quarter net profit rose 36.3 percent from a year earlier to a record 187.3 billion won. Operating revenue increased 4.4 percent to 819.3 billion won. Non-interest income excluding loan interest income totalled 302.9 billion won, up 7.5 percent, and topped 300.0 billion won for the first time on a quarterly basis. The share of non-interest income rose to 37 percent.
Finance
Stablecoin race for control spreads, KOSPI nears 7,000
Competition over global payment infrastructure centered on stablecoins is spreading across the financial industry. Hana Financial Group is moving to cooperate on blockchain-based remittances with Dunamu and POSCO International, while Visa is expanding its stablecoin pilot and adding five more blockchains. U.S. banks are calling for stronger in-house blockchain strategies, and Shinhan Card is expanding a Solana-linked proof-of-concept. Markets also remain strong, with the KOSPI holding above 6,600 and repeatedly hitting record highs.
Finance
Hana Bank, HD Hyundai Construction Equipment and KODIT to provide 85 billion won support for construction equipment suppliers
Hana Bank said it will expand a public-private cooperation model to support suppliers in the construction equipment industry. It signed a business agreement with HD Hyundai Construction Equipment and the Korea Credit Guarantee Fund to help small partner firms with technology development and export expansion. The three parties will form a 5 billion won fund to provide up to 85 billion won in financial support, including preferential guarantee ratios, reduced guarantee fees, and lower loan rates.
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Finance
Brokerages net profit nears 10 trillion won in 2025 on stock market rally
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Finance
Korean banks\' interest income tops 60 trillion won for first time; net profit hits record
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Finance
FSS holds emergency meeting with brokerage executives, urges stronger margin loan risk controls
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Finance
KB Kookmin Bank cuts KB Saehuimangholssi II loan rates by 1 percentage point
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Finance
Finance groups speed up governance revamp as KOSPI faces Middle East risk
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Finance
Hana Financial Group launches emergency special financial support for Koreans in Iran
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Finance
NH NongHyup Bank launches event marking AI loan interest rate care service
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Finance
Naver Pay launches Loan Interest Rate Care service
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Finance
Banksalad launches interest-rate cut request service linked to credit score improvement
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Finance
K Bank expands region-tailored inclusive finance to support small merchants
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Finance
iM Bank to provide 260 billion won in mutual-growth finance to local small merchants
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Telecommunications & Media
SKT to pay 112 billion won early to partners ahead of Lunar New Year
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Finance
Stablecoin payment models take shape from FX to remittances
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Finance
KakaoPay launches automatic rate-cut application service
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Finance
KakaoBank posts record annual net profit, up 9.1 percent