The Bank of Korea(BOK) said, “Next year’s growth rate is expected to be 1.7%, significantly lower than the previous estimate of 2.1%, and it is...

Korea’s internet-only banks - KakaoBank and Kbank - have recently launched receiving products with an annual yield of 10 %.

It’s been reported that corporate loans given by big savings banks rose to the peak of 77%.

KakaoBank, a leading internet-only bank in Korea, is receiving a barrage of complaints from its employees who bought employee shares as the stock...

The Monetary Policy Board of the Bank of Korea (BOK) took a big step to increase the base rate to 3%, and BOK forecasted the next year’s economic...

It was found that the Industrial Bank of Korea (IBK), which should be supporting small and medium-sized businesses (SMEs), has engaged in the...

Foreign exchange authorities (Bank of Korea and Ministry of Strategy and Finance) and the National Pension Service (NPS) agreed on performing FX...

Domestic banks’ default rate on the Korean won loan in late July was reported to be 0.22%, up 0.02%p from the previous month.

Toss Bank, a Korean direct bank, is losing confidence from its customers as it repeatedly reduced various kinds of benefits which had given to...

Savings banks' net profit in Korea has decreased by KRW 160.1 billion during the first half of this year compared to the same period last year.