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Steelmaker POSCO has forged a partnership with KB Kookmin Bank to introduce a supply chain finance service for its partner firms, helping improve cash flow for suppliers amid a pro...
The parent company of South Korea’s largest bank completed a stablecoin payment pilot ahead of the country's proposed digital asset framework.KB Financial Group, the parent company...
KB Kookmin Bank has completed a $100 million blockchain-based digital bond sale, becoming the first South Korean bank to use distributed ledger technology for foreign currency fund...
KakaoBank CEO Yun Ho-young attended the Korea-Mongolia Business Forum in Ulaanbaatar held on the sidelines of President Lee Jae Myung's state visit to Mongolia, the lender said Fri...
The registration lets clients execute KRW transactions onshore through a single relationship, cutting out local intermediaries
Korea’s four major financial holding companies are on track to deliver another record-breaking performance in the first half of the year, driven by robust interest income and a boo...
The Export-Import Bank of Korea (Korea Eximbank) signed a memorandum of understanding with Mongolia's Trade and Development Bank (TDB) to provide a $30 million on-lending facility...
KB Financial Group Chairman Yang Jong-hee said the current money move could provide an opportunity to strengthen the group's competitiveness in wealth and asset management, the gro...
South Korea’s KB Financial has completed a Proof-of-Concept (PoC) for won-denominated stablecoin as lawmakers and experts push to advance the country’s digital asset framework. Rel...
Kookmin University has developed two Korean typefaces to embody its history and future vision in celebration of its 80th anniversary this year. The university said Wednesday that t...
Household loans at major Korean banks increased in the second quarter as borrowers took out more credit for stock investments and to finance home purchases, data showed Sunday. Out...
近鉄グループホールディングス(近鉄GHD)と三菱UFJ銀行は、個人向け銀行サービス「近鉄 KIPS BANK powered by 三菱UFJ銀行」(仮称)を2027年3月に開始する。
JPYC expands to the Kaia blockchain while South Korea’s KB Financial reports faster and cheaper stablecoin transfers ahead of key regulatory decisions across Asia.
South Korean brokerage Kiwoom Securities has entered negotiations to acquire a stake in cryptocurrency exchange Bithumb through a planned purchase of newly issued shares, local med...
Standard Chartered (SC) Bank Korea said Thursday that its latest lifestyle-focused offerings for high net worth clients included a masterclass featuring golf legend Pak Se-ri. Buil...
Kiwoom's move into crypto signals a broader trend of traditional finance firms integrating digital assets, potentially reshaping financial markets. The post Kiwoom Securities pursu...
Major global investment banks' average forecast for Korea's economic growth this year has reached 3 percent for the first time, data showed Tuesday, supported by robust semiconduct...
KakaoBank said Tuesday that four of its research papers on financial artificial intelligence (AI) were accepted to international journals this year, highlighting the internet-only...
DBS has signed a MoU with South Korea’s Samsung Securities to establish a strategic partnership in wealth management. The collaboration pairs Samsung Securities’ presence in the Ko...
The Bank of Korea and participating banks have discussed operating deposit tokens on a continuous basis with the goal of establishing conditions for a formal rollout, according to...
Major commercial banks on Wednesday announced financial support measures for local suppliers of troubled discount store chain Homeplus after a court decided to terminate its rehabi...
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