GE sells Korean finance business
(28 June 2006 – South Korea) GE Consumer Finance will sell its South Korean consumer finance business to Hyundai Capital Services.GE Consumer is the second largest shareholder in […]
(28 June 2006 – South Korea) GE Consumer Finance will sell its South Korean consumer finance business to Hyundai Capital Services.GE Consumer is the second largest shareholder in […]
(4 April 2006 – South Korea) South Korea’s Kookmin Bank has purchased a 64.6 percent stake in larger rival Korea Exchange Bank (KEB) for US$6.6 billion.Kookmin is South […]
(4 November 2005 – South Korea) Standard Chartered’s US$3.3 billion acquisition of Korea First Bank will start producing earnings in 2006, according to the bank’s chief executive.Speaking in […]
(26 July 2005 – South Korea) South Korean banks have almost doubled their net profits in the first half of this year compared with the corresponding period a […]
(4 July 2005 – South Korea) SMEs in South Korea are still struggling after the credit crisis in 2003 with debt delinquencies rising to 2.9 percent at the […]
(4 July 2005 – South Korea) Regional South Korean lender Pusan Bank has reported its’ deposits exceeded 15 trillion won (US$14.5 billion) for June.Pusan Bank said its deposits […]
(4 May 2005 – South Korea) South Korean banks are feeling the pinch in their earnings as they battle to stave off the competition from foreign banks.The country’s […]
(18 April 2005 – South Korea) Standard Chartered has completed the acquisition of Korea First Bank for US$3.3 billion and said it aims to significantly grow its position […]
(18 February 2005 – South Korea) UK bank Standard Chartered has its sights on snaring six to eight percent market share of South Korea’s financial services market by […]
(25 January 2004 – South Korea) Kookmin Bank is set to axe some 4,800 employees, a whopping 17 percent of its workforce.Kookmin said business consultants had advised the […]