KB Kookmin Card is ramping up efforts to secure its lead in South Korea’s corporate credit card market, restructuring its organization and upgrading online systems as rivals close the gap, with cumulative corporate credit sales reaching 17.1 trillion won ($13.1 billion) as of November.
#YonhapInfomax #KBKookminCard #CorporateCreditCard #MarketShare #OrganizationalRestructuring #CreditSales #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99920Lotte Card’s market share plunged to the 8% range after a major data breach, as card cancellations surged; Hyundai Card overtook Samsung Card for the No. 2 spot in South Korea’s credit card market.
#YonhapInfomax #LotteCard #MarketShare #DataBreach #HyundaiCard #CreditSales #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=86417
Lotte Card Market Share Plunges to 8% Range—Data Breach Delivers Direct Hit
Lotte Card’s market share plunged to the 8% range after a major data breach, as card cancellations surged; Hyundai Card overtook Samsung Card for the No. 2 spot in South Korea’s credit card market.
Hyundai Card Reports H1 Net Profit of 165.5 Billion Won, Up 1.0% Year-on-Year
Hyundai Card Co. reported a 1.0% year-on-year rise in H1 net profit to 165.5 billion won, driven by robust credit sales and membership growth, despite higher credit loss expenses.
Samsung Card Q1 Net Profit Up 3.7% to 184.4 Billion Won (Comprehensive)
Samsung Card reports Q1 net profit of 184.4 billion won, up 3.7% year-on-year, meeting market expectations amid growth in credit sales and improved cost efficiency.
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