Samsung Card Co. reported a Q3 net profit of 161.7 billion won, down 4.2% year-on-year but beating market expectations, as card spending and loan receivables grew despite higher funding and credit loss costs.
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https://en.infomaxai.com/news/articleView.html?idxno=87564
Samsung Card Posts Q3 Net Profit of 161.7 Billion Won, Down 4.2%—Beats Market Expectations

Samsung Card Co. reported a Q3 net profit of 161.7 billion won, down 4.2% year-on-year but beating market expectations, as card spending and loan receivables grew despite higher funding and credit loss costs.

Yonhap Infomax
The Bank of Korea is pushing to introduce a pre-approval system for accepting loan receivables as collateral, aiming to enhance rapid liquidity support for financial institutions during crises, in line with practices at major global central banks.
#YonhapInfomax #BankOfKorea #LiquiditySupport #CollateralPreApproval #LoanReceivables #CentralBankPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81307
Bank of Korea Calls for Pre-Approval of Loan Collateral to Bolster Liquidity Support

The Bank of Korea is pushing to introduce a pre-approval system for accepting loan receivables as collateral, aiming to enhance rapid liquidity support for financial institutions during crises, in line with practices at major global central banks.

Yonhap Infomax