Financial regulator urges banks to beef up risk management amid high uncertainty

Korea's financial regulator on Tuesday urged local banks to step up efforts on effective risk management, as uncertainty has arisen at home and abroad due to major economies' monetary tightening and mounting inflation pressure.

2022-05-03

Banks' H1 net jumps 59 percent on KDB's one-off gains

Korean banks saw their first-half earnings jump 59 percent from a year earlier due largely to a one-off gain by state policy lender Korea Development Bank (KDB), data showed Wednesday.

2021-08-11

Household debt rises again in June

Korean banks' household loans swung to an upturn in June following the previous month's one-off decline, central bank data showed Thursday.

2021-07-14

Bank foreign exchange forward position rules reconsidered

Korea said Tuesday it plans to consider normalizing eased rules on bank foreign exchange (FX) derivative positions as FX liquidity conditions have improved amid the global economic recovery.

2021-07-06

korea joongAng daily

Financial regulator urges banks to beef up risk management amid high uncertainty

Banks' H1 net jumps 59 percent on KDB's one-off gains

Household debt rises again in June

Bank foreign exchange forward position rules reconsidered