Hana Securities has arranged Hyundai Card’s $80 million Kimchi bond, the largest such issuance by a Korean credit card company in 2024, as fixed-rate structures gain traction amid tightening domestic funding conditions.
#YonhapInfomax #HyundaiCard #HanaSecurities #KimchiBond #FixedRate #FundingDiversification #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=105125South Korea’s credit card sector saw a major shake-up as Hyundai Card surged to third place by net profit, while Samsung Card extended its lead and Shinhan Card posted record-low earnings amid industry-wide profit declines and improved asset quality.
#YonhapInfomax #HyundaiCard #SamsungCard #NetProfit #DelinquencyRate #CreditCardIndustry #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104461
Hyundai Card Jumps to Third Place Amid Samsung Card’s Lead—Major Shake-Up in Card Company Earnings
South Korea’s credit card sector saw a major shake-up as Hyundai Card surged to third place by net profit, while Samsung Card extended its lead and Shinhan Card posted record-low earnings amid industry-wide profit declines and improved asset quality.
Hyundai Card and Hyundai Commercial have injected an additional 33.5 billion won into Hyundai Alternative Investment, boosting its inaugural blind fund and pushing total assets under management past 400 billion won as the firm accelerates its expansion in alternative investments.
#YonhapInfomax #HyundaiAlternativeInvestment #BlindFund #AssetsUnderManagement #HyundaiCard #HyundaiCommercial #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=103233
Jung Tae-young's 'Confidence'—Hyundai Card and Hyundai Commercial Inject Additional 33.5 Billion Won into Hyundai Alternative Investment
Hyundai Card and Hyundai Commercial have injected an additional 33.5 billion won into Hyundai Alternative Investment, boosting its inaugural blind fund and pushing total assets under management past 400 billion won as the firm accelerates its expansion in alternative investments.
Hyundai Card overtook Samsung Card to reclaim the No. 2 spot in South Korea’s personal credit sales market share in Q4 2023, driven by aggressive year-end customer retention strategies, while both firms intensify competition in the PLCC sector.
#YonhapInfomax #HyundaiCard #SamsungCard #MarketShare #PersonalCreditSales #PLCCCompetition #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=101178
Hyundai Card and Samsung Card Vie for No. 2 Spot in Personal Credit Sales Market Share
Hyundai Card overtook Samsung Card to reclaim the No. 2 spot in South Korea’s personal credit sales market share in Q4 2023, driven by aggressive year-end customer retention strategies, while both firms intensify competition in the PLCC sector.
Kiwoom Securities Leads First Public Kimchi Bond Under Eased Regulations—'Contributing to FX Market Stability'
Kiwoom Securities led the first public Kimchi bond issuance under new regulations, raising $20 million for Hyundai Card and supporting FX market stability.
Hyundai Card has resumed Kimchi bond issuance after 15 years, raising $20 million in a one-year SOFR-linked deal as South Korea eases regulations to boost foreign currency funding.
#YonhapInfomax #HyundaiCard #KimchiBond #SOFR #BankOfKorea #Liquidity #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=100420
Hyundai Card Issues $20 Million Kimchi Bond
Hyundai Card has resumed Kimchi bond issuance after 15 years, raising $20 million in a one-year SOFR-linked deal as South Korea eases regulations to boost foreign currency funding.
South Korea’s major credit card CEOs are prioritizing adaptation to market changes and strengthening core business amid regulatory pressures and economic uncertainty, with a focus on technology adoption and restoring customer trust.
#YonhapInfomax #CreditCardIndustry #SamsungCard #HyundaiCard #NetProfit #AI #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=98876
Amid Industry Downturn, Credit Card CEOs Focus on 'Adapting to Change and Core Business Strengthening' in 2024
South Korea’s major credit card CEOs are prioritizing adaptation to market changes and strengthening core business amid regulatory pressures and economic uncertainty, with a focus on technology adoption and restoring customer trust.
[New Year's Address]Chung Tae-young of Hyundai Card Stresses Need to Build Sophistication on Simplicity
Hyundai Card Vice Chairman Chung Tae-young urged a focus on simplifying core strengths and adding sophistication as the company enters a new phase of growth in 2026.
We have a show up at Hyundai Card’s space Storage in Seoul.
#seoul #hyundaiCard #DonaldJudd #JuddFurniture #design.
#juddFoundation
Apple Pay Tmoney Now Supports K-Pass—Hyundai Card Expands Service Offering
Hyundai Card expands Apple Pay Tmoney support to include K-Pass, enabling fare reimbursements for public transit users nationwide via Mobile Tmoney.
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