South Korea

Industrial Bank of Korea is named the best bank for small and medium-sized enterprises in Korea this year thanks to its provision of specialized services to the sector, from flexible financing to personalised advisory.

The implementation of a clear and successful digital strategy sees kakaobank take best bank for digital solutions in Korea.

The Korean government and the central bank will have their work cut out for them in 2023. They must overcome a loss of trust and criticisms over raising rates too quickly if they want to keep the economy humming and avoid a new crisis.

South Korea must do more to address diversity in the workplace. A few of the country’s banks are leading by example.

The 33rd annual Asiamoney Brokers Poll is a Vox Populi poll that identifies the leading brokerages for equities research, sales and trading in Asia. Voters are institutional investors who represent fund management firms, wealth managers, hedge funds, pension funds, and insurance companies that trade in Asia.

In August 2022, Woori Bank’s parent company, Woori Financial Group, put the law of big numbers to great use. Its plan to offer financial assistance worth W23 trillion ($17 billion) to socially vulnerable groups over three years garnered banner headlines.

Most banks pledging to reduce carbon footprints tend to target the end of the decade. Few can claim to have as ambitious a plan to get there as Hana Bank, which is carrying out a 30/60 plan.

The unmatched global network that Citi brings to South Korea is offering local clients ready access to international markets. The bank also excels at providing multinational corporations operating in Korea with access to the local market, making it an obvious choice for best international bank in the country.