South Korea’s financial regulator is scrutinizing Coupang’s merchant loan products, focusing on interest rates and repayment terms, amid concerns over potential bundling practices and high rates ranging from 8.9% to 18.9%.
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FSC Chairman Says Coupang Loan Product Interest Rates Under Review
South Korea’s financial regulator is scrutinizing Coupang’s merchant loan products, focusing on interest rates and repayment terms, amid concerns over potential bundling practices and high rates ranging from 8.9% to 18.9%.
8 out of 10 KOSDAQ IPO Firms Miss Earnings Targets—FSS Introduces Checklist to Rein in Overly Optimistic Forecasts
South Korea’s FSS found 80% of recent KOSDAQ IPOs missed earnings targets, prompting new checklist rules to curb inflated forecasts and boost investor protection.
South Korean banks’ won-denominated loan delinquency rate rose to 0.58% in October, driven by a sharp drop in resolved bad loans and increased new delinquencies, with the Financial Supervisory Service warning of further risks in SME and regional real estate sectors.
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South Korean Banks’ Won-Denominated Loan Delinquency Rate Rises to 0.58% in October
South Korean banks’ won-denominated loan delinquency rate rose to 0.58% in October, driven by a sharp drop in resolved bad loans and increased new delinquencies, with the Financial Supervisory Service warning of further risks in SME and regional real estate sectors.
Financial Supervisory Service Appoints Kim Sung-wook, Hwang Sun-oh, and Park Ji-sun as New Deputy Governors (Comprehensive 2nd Report)
South Korea's Financial Supervisory Service appointed Kim Sung-wook, Hwang Sun-oh, and Park Ji-sun as new Deputy Governors, strengthening leadership across banking, capital markets, and insurance supervision.
BNK Financial Group to Announce Final CEO Candidates for Subsidiaries, Including Busan Bank, by Year-End
BNK Financial Group has delayed the final selection of CEO candidates for its subsidiaries, including Busan Bank, amid heightened regulatory scrutiny, but aims to complete the process by year-end.
Financial Supervisory Service Appoints Kim Sung-wook, Hwang Sun-oh, and Park Ji-sun as New Deputy Governors (Comprehensive)
South Korea's Financial Services Commission has appointed Kim Sung-wook, Hwang Sun-oh, and Park Ji-sun as new Deputy Governors of the Financial Supervisory Service, with three-year terms starting December 30, 2025.
Financial Supervisory Service Appoints Kim Uk-bae, Kim Chung-jin, Kwak Beom-jun, and Seo Young-il as Deputy Governors
South Korea's Financial Supervisory Service announces key executive appointments, naming Kim Uk-bae, Kim Chung-jin, Kwak Beom-jun, and Seo Young-il as new deputy governors.
Kim Sung-wook, Hwang Sun-oh, and Park Ji-sun have been named as new deputy governors at South Korea's Financial Supervisory Service, signaling a leadership reshuffle at the nation's top financial regulator.
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Meritz Securities to End Zero-Fee US Stock Trading Promotion in New Year
Meritz Securities will end its zero-commission US stock trading event for new Super365 account holders in early January, citing regulatory pressure as South Korea tightens oversight of overseas retail investment.
Life Asset Management has urged BNK Financial Group to introduce a shareholder-nominated director system, citing governance reform needs as it raises its stake to 4% and the FSS launches an inspection into BNK’s leadership selection process.
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'Introduction of Shareholder-Nominated Director System'—Life Asset Management Increases Stake, Targets BNK Financial Group's Governance
Life Asset Management has urged BNK Financial Group to introduce a shareholder-nominated director system, citing governance reform needs as it raises its stake to 4% and the FSS launches an inspection into BNK’s leadership selection process.
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