Banking in Brief
We follow bloggers who provide alternative, meaningful, serious and sometimes irreverent insights into the industry
Our research and analysis on South Korea
The following in-depth pieces represent our archive of research and analysis on South Korea.
Heightened regulations and changing consumer mind-set challenge retail banking growth
Date: Mar 27, 2013Retail banks in the Middle East and Asia Pacific will need to quickly shift from being account-focused to becoming more customer-centric so as to stay ahead of the curve.
Categories: Brunei, Cards, Hong Kong, Indonesia, Mortgage, Regulation, Retail Banking, Risk and Regulation, Singapore, South Korea, Taiwan, UAE
Keywords: Abu Dhabi Commercial Bank, AMDB, BNM, Malaysia, Maybank, CIMB, BI, OCBC, UOB, KHFC, Shinhan Bank, Kookmin Bank, HKMA, HSBC, Hang Seng Bank
Harsh Basel III capital requirements stifling South Korean banks’ growth
Date: Dec 13, 2012South Korean banks seek to further optimise their portfolios in the face of rising NPL ratios and tough Basel III capital requirements.
Author: Baron Laudermilk
Categories: Basel III, Operational Risk, Risk and Regulation, South Korea
Keywords: Market Risk, Shinhan Bank, Suhyup Bank, Woori Bank, Busan Bank, Citibank, Dauga Bank, Hana Bank, Industrial Bank of Korea, Jeonbuk Bank, Kookmin Bank, Kyungnam Bank
Risky road ahead for South Korean banks
Date: Dec 04, 2012Weakening ROAs, risky NPLs, and funding exposures may prove to be stumbling blocks in the banks’ quest to seek compliance with Basel III.
Author: Baron Laudermilk
Categories: Basel III, Credit Risk, Operational Risk & Security, Risk and Regulation, South Korea, Technology & Operations
Keywords: Basel III, Shinhan Financial Group, Woori Financial Group, Hana Financial Group, Misys, HP, SAS, KB Financial Group, IBK, KEB
Kookmin Bank targets work process innovation through smart branch concept
Date: Oct 24, 2012With the introduction of its smart branch, Kookmin Bank enables staff to spend 70% of their time on sales and advisory services.
Categories: Branch Banking, Channels, Customer Centricity, Innovation, Retail Banking, South Korea, Technology & Operations
Keywords: Kookmin Bank, Kang Jin Seop, Branch Innovation, Customer Engagement, Smart Branch, Self-Service Operations, J2EE, IBM
Hana Bank leads digital revolution in Korea
Date: Aug 27, 2012N-wallet, a digital mobile wallet solution based on NFC technology that acts as a virtual payment system for its technologically-savvy customer base gave Hana a vital boost.
Categories: Innovation, Mobile Banking, Retail Banking, South Korea, Technology & Operations
Keywords: Hana Bank, NFC, N-Wallet, Shinhan Bank, Industrial Bank of Korea, ZooMoney, Mobile Money
Poor timing led to failure of Woori sale
Date: Aug 07, 2012The South Korean government fails in its most recent bid to sell off its majority stake in Woori Finance amidst challenging political and economic climates.
Author: Lalitha Sivanesan
Categories: Mergers and Acquisitions, Regulation, South Korea
Keywords: Woori, FSC, Kim Seok-don, Korean Financial Industry Union, Korea Development Bank, Kookmin, Park Geun Hye, Korea Exchange Bank, Lee Myung-bak
Asian intermediation trend report (2006-2011)
Date: Aug 01, 2012The global macroeconomic volatility has caused increasing financial disintermediation of capital markets in favour of banks, as a result of investors’ increased risk-aversion.
Author: Doron Foo
Categories: Australia, China, Databook, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand
Keywords: Deposit Intermediation, Banking Institutions, Stock Market Capitalisation, Insurance Premiums, Mutual Funds, Assets Under Management, CPF, EPF
Comparative Country Profiles
Date: Jul 20, 2012The charts in this section are based on previous section and are divided in to six categories. These tables and graphs allow users to contrast and rank all the countries more clearly in many different ways.
Author: Doron Foo
Categories: Australia, China, Comparative Country Profile, Databook, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam,
Keywords: GDP per Capita, Public Finances, External Debt, Balance of Payments, Unemployment Rate, Financial Intermediaries, Domestic Financing, Interest Rates, Deposit and Loan Accounts, Balance Sheet Growth, Asset Quality, Capital Adequacy Ratio, Bank Branches, ATMs, EFTPOS, Credit Card, Debit Card, Cheques