Mirae Asset Securities Surges 186% This Year, Market Cap Nears 40 Trillion Won—Overtakes Hana Financial Group
Mirae Asset Securities Co. surged 186% year-to-date, nearing a 40 trillion won market cap and overtaking Hana Financial Group, as robust liquidity and easing uncertainties drive capital into South Korea’s brokerage sector.
South Korea’s five largest banks saw household loans fall by 450 billion won in December as year-end lending curbs triggered a sharp slowdown, with both corporate and SME loans also declining and significant deposit outflows observed.
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South Korea’s Five Major Banks See Household Loans Drop by 450 Billion Won in December as Year-End Lending Curbs Take Effect
South Korea’s five largest banks saw household loans fall by 450 billion won in December as year-end lending curbs triggered a sharp slowdown, with both corporate and SME loans also declining and significant deposit outflows observed.
Bank of Korea Honors Outstanding Contributors Including Moon Hyung-seok, Jeon Soo-yeon, and Seo Hyun-kwon
The Bank of Korea recognized 171 individuals and five organizations for their contributions to South Korea’s financial sector, with awards spanning foreign exchange, monetary policy, and other key areas.
South Korea’s financial sector faces renewed debate over replacing outside directors at major holding firms, as experts weigh governance reform against risks of state intervention and stress the need for board independence and expertise.
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[Financial Governance Reform③] Will There Be a Major Shake-Up of Outside Directors at Financial Holding Firms—Concerns Over State Intervention Persist
South Korea’s financial sector faces renewed debate over replacing outside directors at major holding firms, as experts weigh governance reform against risks of state intervention and stress the need for board independence and expertise.
Impact of Stringent Lending Curbs—Household Loans at South Korea’s Top 5 Banks Hit Four-Month Low
South Korea’s top five banks saw household loan growth slow sharply in July, hitting a four-month low, as new government lending curbs took effect and mortgage loan increases decelerated significantly.
President Lee Praises Financial Services Commission Chief at Cabinet Meeting—“Significant Impact from Appropriate Regulation”
President Lee commends the Financial Services Commission chief for effective regulatory measures, highlighting their significant impact on South Korea's financial sector.
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