Card firms profit rises 5.6 percent Korea's eight credit card companies earned a combined 1.29 trillion won ($931 million) in the first half as commission income increased. 2026.8.27
Corporate direct financing down in July on decreased debt sales Korean companies raised 26.34 trillion won in July, as a drop in corporate bond sales outweighed a surge in stock issuance. 2026.8.26
Delinquency ratio on bank loans down in June Korea's bank loan delinquency ratio fell to 0.56 percent in June as lenders sharply increased write-offs of soured debt. 2026.8.21
Plan to relocate financial regulators, state-run banks outside Seoul faces backlash The proposal would put distance between regulators and the institutions they oversee while also leading to the mass resignation of skilled professionals. 2026.8.20
As legal credit tightens, Korea’s vulnerable borrowers turn to loan sharks Reports of illegal private lending are rising sharply as low-credit borrowers shut out of legal financing face exorbitant rates and aggressive collection tactics. 2026.8.18
FSC chief reported to prosecutors over single-stock leveraged ETF launch Former Seoul council member Lee Jong-bae filed a complaint against Lee Eog-weon, claiming that high-risk single-stock leveraged ETFs were introduced without proper stress testing. 2026.8.6
Corporate direct financing dips almost 16% in first half of year on decreased debt sales Companies raised a combined 126.58 trillion won ($88.5 billion) from January through June, down 23.36 trillion won, or 15.6 percent, from a year earlier 2026.8.4
Overinvestment in leveraged stocks a risk to households, financial regulator chief says The chief of the Financial Supervisory Service said heavy retail buying could pose a risk to finances amid a volatile market rally. 2026.7.7
MBK faces business suspension as regulator moves against management of Homeplus The Financial Supervisory Service is expected to propose a suspension of duties for the firm, as the retailer’s survival hangs on a court decision and an emergency funding fight. 2026.7.3
Watchdog chief urges virtual asset exchanges to improve internal controls The governor of the Financial Supervisory Service urged virtual asset operators to strengthen their internal controls, as the market has been in a slump in the first half of the year due to a series of accidents. 2026.7.2