Seoul, South Korea — South Korea’s economic growth slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached Pres ...

while IBK Industrial Bank of Korea increased the range that branch managers can cut rates by up to 0.4 percentage points in determining rates for face-to-face mortgage, jeonse, and credit loans ...

SEOUL, Jan 20 (Reuters) - South Korea's central bank said on Monday its economic growth projection for 2025 was estimated between 1.6% and 1.7%, lower than the 1.9% it forecast in November.

SEOUL: South Korea’s central bank said on Monday its economic growth projection for 2025 was estimated between 1.6% and 1.7%, lower than the 1.9% it forecast in November. The cut of around 0.2 ...

SEOUL: South Korea's central bank said on Monday (Jan 20) it had slashed its 2025 growth forecast because of the political crisis triggered by President Yoon Suk Yeol's declaration of martial law ...

South Korea's economy grew less than expected in the fourth quarter, data showed Thursday, as it was hit by the fallout from President Yoon Suk Yeol's brief declaration of martial law that hit ...

The brief declaration of martial law on December 3 by South Korea's now-impeached leader jolted Asia's fourth-biggest economy, which the central bank said expanded 0.1 percent on-quarter in ...

The Monday meeting was attended by Korea Federation of Banks Chairman Cho Yong-byoung and chief executives from six major banks — KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank, NH NongHyup Bank ...

a much-criticized means of defending their profit margins even when their borrowing costs dropped due to a Bank of Korea (BOK) key rate cut. Also advancing the calls is Financial Supervisory ...