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Top News In Woori Saudara Today - Breaking & Trending Today

Banks' potential uncollected loans jump 49% in 2023 on high interest rates

The potential uncollected loans by four major financial holding firms jumped 49 percent on year in 2023, as high interest rates took a toll on borrowers, data showed Tuesday. ....

Soult Ukpyolsi , South Korea , Shinhan Financial , Hana Financial , High Interest Rate , Kb Financial , Interest Rate , Holding Firms , South Korea , He Korea Times , Orea Times , Orean News In English ,

Woori Financial net profit slips nearly 20% on-year in 2023

Woori Financial Group said Tuesday its net profit dropped 19.9 percent on year to 2.51 trillion won ($1.89 billion) in 2023. ....

Kyonggi Do , South Korea , Kangwon Do , Woori Financial Group , Woori Bank , Financial Group , Taeyoung Engineering , South Korea , He Korea Times , Orea Times , Orean News In English ,

Banks join in relay to halt sales of HK-linked ELS products

As massive losses are expected from equity-linked securities (ELS) tied to the performance of the Hang Seng China Enterprises Index (HSCEI), commercial banks are either halting or considering the halting of ELS product sales consecutively. ....

Soult Ukpyolsi , South Korea , Kim Joo Hyun , Yang Jung Suk , Woori Bank , Financial Services Commission , National Assembly , Shinhan Bank , Financial Supervisory Service , Nh Nonghyup Bank , Hana Bank , Hang Seng China Enterprises Index , Hyup Bank , Euro Stoxx , 홍콩 H지수 , Lee Bok Hyun , Equity Linked Securities , Yang Jeong Suk , South Korea , He Korea Times , Orea Times , Orean News In English ,

ESG bond market to thrive as Korea's top banks accelerate issuances

The top four commercial banks here are expected to continue issuing ESG bonds aggressively this year, as their lower interest rates can reduce capital costs. There is also a high demand from foreign investors. ....

Hana Bank , Shinhan Bank , Woori Bank , Esg Bond , South Korea , He Korea Times , Orea Times , Orean News In English ,

Banks trim retirement packages following growing criticism of hefty incentives

As voluntary retirement season begins in the banking industry, incentives offered to entice workers to retire early seem less favorable this year despite the sector s robust earnings. This adjustment is a response to public criticism, accusing banks of offering substantial payments to employees while the public faces heightened debt burdens from high interest rates. ....

Soult Ukpyolsi , South Korea , Yoon Suk Yeol , Choi Joo Yeon , Nh Nonghyup Bank , Hana Bank , Woori Bank , Kb Kookmin Bank , Woori Banks , Hyup Bank , Banking Industry , Voluntary Retirementr , South Korea , He Korea Times , Orea Times , Orean News In English ,