The Busan Bank Co., Ltd.
Location
Busan
Founded
1967-11-29
Website
Risk Signals
1340 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.
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2024-05-10 (newsworks.co.kr)
Kakao Bank's stock price fluctuates even if it outperforms local banks
[Newsworks = Reporter Cha Jin-hyung] Although Kakao Bank achieved good performance in the first quarter, its stock price is actually falling. On the 9th, Kakao Bank's stock price recorded 24,050 won, down 6.05% from the previous trading day. The cause of the decline appears to be due to concerns that loan growth has reached its limit. In terms of performance, it is difficult to find a cause for the decline in the stock price. In fact, Kakao Bank announced that it recorded a net profit of 111.2 billion won in the first quarter through its earnings announcement a day ago. This exceeded the performance of Gyeongnam, Gwangju, and Jeonbuk banks among local banks. The net profit of Busan Bank, the eldest local bank, was also only 14 billion won different, surpassing the performance of all local banks within the year.
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