Yonhap Infomax NewsSouth Korea's Financial Services Commission has designated KB, Shinhan, Hana, Woori, and NongHyup as systemically important banks and financial groups for 2026, requiring them to hold additional capital buffers and submit recovery plans, as part of efforts to strengthen financial system stability.
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South Korea's Top 5 Financial Groups, Banks Designated as Systemically Important Financial Institutions for 2026
South Korea's Financial Services Commission has designated KB, Shinhan, Hana, Woori, and NongHyup as systemically important banks and financial groups for 2026, requiring them to hold additional capital buffers and submit recovery plans, as part of efforts to strengthen financial system stability.