NSP NEWS

FED raised interest rate in ten years.So the implication for domestic banks is receiving attention.

Because of the decrease in international oil prices, both of import and export prices decreased.

The rate of increase the amount of usage credit card overseas, recorded at a minimum in the third quarter this year, because of strong dollar.

South Korea’s foreign exchange reserve has dropped $1.14 billion at the end of November, came to $368.46 billion, according to a report of the Bank of Korea.

The Financial Service Commission announced on 29 Nov.

Lotte Card, a South Korea’s credit card company, announced that it would offer ‘Lotte Card Samsung Pay service,’ which enables a profoundly simple payment services in both online and offline shopping malls.

The presidents of the commercial banks agreed that they are going to strengthen risk management for loan portfolio.

The result of settlement of account of the securities market showed that cumulative sales have decreased (-3.24%) slightly but both of operating profit (12.69%) and pure profit (11.31%) have increased, in the 2015 business year If Samsung Electronics whom sales are of great importance to, is excepted, the width of sales decrease declines slightly, but operating profit and pure profit increase.

An evaluation of profitability of construction and shipbuilding industry, which is enforced by the political finance establishments, is strengthened to prevent increasing possibility of non-performing loan in advance.

Shinhan card, South Korea’s biggest, global top five credit card company, launches the VISA Cloud-based Payments(VCP) services in order to facilitate efficient payment solutions at all NFC-Visa affiliate stores around the world.