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Taeyoung Engineering & Construction filed for corporate debt restructuring, prompted by a failed payment of 48 billion won ($37 million) on a project financing debt due Thursday.
KB Financial Group recommended extending the term of KB Kookmin Bank CEO Lee Jae-keun, the lender said Friday.
Despite numerous cases of financial crime at the top five banks, the recovered monetary losses appear to be minimal, according to data released on Tuesday.
Korea's three largest banks - KB Kookmin, Shinhan and Hana - each announced on Monday the urgent donation of sports drinks to participants of the World Scout Jamboree in Saemangeum, North Jeolla Province.
Banks are striving to appeal to younger customers by reshaping their image to appear more youthful and dynamic, launching pop-up stores and user-friendly mobile payment systems. The efforts come as they have to compete with fast-growing internet-only banks.