The Busan Bank Co., Ltd.
Location
Busan
Founded
1967-11-29
Website
Risk Signals
263 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Commercial Banks, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about The Busan Bank Co., Ltd.
Live alerts from global media, monitored by Business Radar
2024-05-02 (kukinews.com)
BNK Financial Group, first quarter net profit of 249.5 billion won... Common stock capital ratio improved to 12%
BNK Financial Group (Chairman Bin Dae-in) announced its performance on the 30th, recording group consolidated net profit (controlling company's share) of KRW 249.5 billion (KRW 7.3 billion compared to the same period last year) in the first quarter of 2024.
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2024-03-22 (newspost.kr)
BNK Financial, common stock capital ratio improved to over 12% this year
[News Post = Reporter Lee Hae-ri] BNK Financial Group announced on the 22nd that it held the 13th regular shareholders' meeting at the Busan Bank headquarters in Munhyeon-dong, Nam-gu, Busan, approved the 2023 financial statements, and resolved to pay cash dividends. Last year, BNK Financial Group's net profit for the current period was due to the preemptive accumulation of loan loss reserves to prepare for the risk of insolvency and an increase in one-time expenses for win-win financial support.
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2024-02-05 (kbanker.co.kr)
BNK Financial Group, net profit of 630.3 billion won in 2023
BNK Financial Group (Chairman Bin Dae-in) announced on the 5th through its performance disclosure that the group's consolidated net profit (controlling company's share) in 2023 recorded KRW 630.3 billion (△KRW 143.9 billion compared to the previous year). The banking sector is working to expand loss absorption capacity. Due to the preemptive accumulation of large provisions and an increase in costs related to win-win financing, the net profit for the period was KRW 626.7 billion, a decrease of KRW 72.2 billion (Busan Bank △ KRW 76.7 billion, Kyongnam Bank + KRW 4.5 billion) compared to the previous year. The non-banking sector recorded a net profit of KRW 626.7 billion despite an increase in securities-related profits. , net profit for the period was KRW 143 billion, down KRW 74.3 billion from the previous year due to a decrease in commission profits and an increase in provisions for non-performing assets. Capital (△59.2 billion won
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2023-07-26 (sbs.co.kr)
Busan Bank's net profit increased by 3% in the second quarter... Gyeongnam Bank increased by 6.3%
Busan Bank, a major subsidiary of BNK Financial Group, announced today (26th) that its net profit for the second quarter of this year (hereinafter based on shares owned by the parent company) recorded KRW 120.889 billion, a 3% increase from the second quarter of last year. As of the first half of the year, Busan Bank's operating profit in the second quarter was KRW 151.628 billion, a 0.6% decrease from a year ago...
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