Days earlier a Woori Bank employee was arrested for embezzling KRW 61.4 billion between 2012 and 2018.
May 23, 2022Since June 2019, banks have been required to inform customers of their right to request lower interest rates when their credit profiles improve or their assets increase.
September 23, 2020The five bank holding companies and their subsidiary banks will be required to set aside additional common equity capital of 1% for 2020.
June 28, 2019The financial holding companies say that a bail-in regime could lead to lower credit ratings and higher bank funding costs, based on an implied reduction in government support during a crisis.
November 28, 2018