Park In-hye

1 month ago | pulse.mk.co.kr | Park In-hye |Han Yubin

South Korea is showing signs of a mismatch between credit supply and demand among corporate borrowers as demand for loans from Korean small and mid-sized businesses rise. However, commercial lenders are increasingly directing funds toward larger-sized borrowers.

1 month ago | pulse.mk.co.kr | Park Na-eun |Park In-hye |Han Yubin

South Korean financial institutions are ramping up efforts to utilize the digital asset market, including stablecoins, a type of cryptocurrency designed to maintain a constant value. According to multiple sources from the financial industry on Thursday, Shinhan Bank, NH Nonghyup Bank, and Kbank have decided to participate in the test for overseas remittances using won-based stablecoins, a first in Korea.

Mar 5, 2025 | pulse.mk.co.kr | Park In-hye |Han Yubin

South Korea’s commercial banks are beefing up non-financial services as part of their diversification strategies to move beyond traditional banking. Some are making mobile virtual network operators (MVNOs) and delivery apps key components of their profit sources. Shinhan Bank expanded its delivery app to highway rest areas.