Dollar deposits at South Korea’s top five banks surged by over 1 trillion won in a day as investors bet on further dollar strength, despite ongoing government intervention to stabilize the won.
#YonhapInfomax #DollarDeposits #USDKRW #WonWeakness #GovernmentIntervention #MajorBanks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=101891
'Dollar Expected to Rise Further'—Bank Dollar Deposits Surge by 1 Trillion Won in a Single Day
Dollar deposits at South Korea’s top five banks surged by over 1 trillion won in a day as investors bet on further dollar strength, despite ongoing government intervention to stabilize the won.
South Korea’s four largest banks colluded to apply lower loan-to-value ratios to SME real estate-backed loans, restricting access to funding and violating antitrust law, according to the Fair Trade Commission.
#YonhapInfomax #SMELoans #LoanToValue #FairTradeCommission #MajorBanks #Collateral #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=101327
Major Banks Colluded to Restrict Loans to SMEs Despite Real Estate Collateral
South Korea’s four largest banks colluded to apply lower loan-to-value ratios to SME real estate-backed loans, restricting access to funding and violating antitrust law, according to the Fair Trade Commission.
South Korea’s major banks have narrowed the productivity gap with internet-only lenders as workforce and branch reductions boost per-employee profits, while digital banks see declines amid staff increases; Korea Development Bank posts the highest productivity in the sector.
#YonhapInfomax #Productivity #MajorBanks #InternetOnlyBanks #PerEmployeeProfit #KoreaDevelopmentBank #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=93623Gold bar sales at South Korea’s four major banks more than doubled to 345 billion won in the first nine months of 2025, driven by Fed rate cuts, a weaker dollar, and surging demand for safe-haven assets amid global uncertainty.
#YonhapInfomax #GoldBarSales #MajorBanks #FedRateCuts #SafeHavenAssets #GoldPrices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=84854
Rate Cuts Drive Gold Bar Sales at South Korea’s Four Major Banks Above 300 Billion Won This Year
Gold bar sales at South Korea’s four major banks more than doubled to 345 billion won in the first nine months of 2025, driven by Fed rate cuts, a weaker dollar, and surging demand for safe-haven assets amid global uncertainty.
South Korea’s major banks are urgently strengthening board-level cybersecurity expertise after recent hacking incidents, with top executives receiving tailored training from the Financial Security Institute as regulators signal tougher penalties for weak defenses.
#YonhapInfomax #FinancialSecurity #FinancialSecurityInstitute #Cybersecurity #MajorBanks #HackingIncidents #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=84237
'Bring in the Experts'—Bank Boards Zero In on Financial Security
South Korea’s major banks are urgently strengthening board-level cybersecurity expertise after recent hacking incidents, with top executives receiving tailored training from the Financial Security Institute as regulators signal tougher penalties for weak defenses.
FTC Concludes Reinvestigation of 'Bank LTV Collusion' - 'Conclusion Expected in First Half'
South Korea's Fair Trade Commission concludes reinvestigation into major banks' LTV collusion, with decision expected in first half of 2025, potentially increasing fines
FSS Conducts On-Site Consulting for Major Banks on 'Accountability Structure' - Yonhap Infomax
Financial Supervisory Service conducts on-site consulting for major banks to implement "ac
Insurance Giant Chubb Praised for Ban on Underwriting Arctic Refuge Drilling
While a Gwich'in Steering Committee leader said the policy "is a first for the American insurance industry and shows leadership to protect sacred lands," Chubb's board opposes climate and human rights shareholder resolutions.
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