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
2025-04-15 (straightnews.co.kr)
Busan Bank, Housing Subscription Comprehensive Savings New Subscription Event <Consumer and Market Economy <Finance and Securities <Economy <Economy
BNK Busan Bank announced on the 15th that it will hold the GOGO Sing event as Busan Bank until June 30. This event will join a new housing subscription savings or youth housing Dream Subject Congratulations or include Busan Bank. Customers who have been converted to housing subscription savings will be targeted, and 20,000 won cashback will be provided to 2,500 first -come -first -served customers. However, it is necessary to register more than 20,000 won for new subscriptions and register more than 20,000 won per month and maintain the account by July 15th. Housing subscription savings are new through Busan Bank Mobile Banking
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2025-03-10 (asiae.co.kr)
FSS, BNK Financial Group Regular Inspection-
The Financial Supervisory Service has begun a regular inspection of the BNK Financial Group. According to the financial sector on the 10th, the FSS sets BNK Financial Group, Busan Bank, and Kyongnam Bank as the first regular inspection of banks this year.
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2025-02-11 (inews24.com)
Local banks who are caught in PF… One trillion won
The cost of the net profit ... Healthy management goal The burden of reduced losses for the delinquency of the real estate PF also increased, and only the amount of money lost by local banks surpassed 1 trillion won. As the local economy worsened around the construction industry, the number of borrowers could not be paid back. According to the financial sector on the 11th, the export expenses of Busan, Gyeongnam, Jeonbuk, and Gwangju last year amounted to 625.7 billion won. Busan Bank 289.4 billion won, Kyongnam Bank 17.99 billion won, Jeonbuk Bank 132.9 billion won, and Gwangju Bank 148.2 billion won, respectively.
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2024-09-04 (ebn.co.kr)
Internet banks, counting down time to overtake local banks... All three companies achieve ‘record performance’
The three internet-only banks achieved their highest ever performance in the first half of the year. It has recorded high growth in a short period of time, rising to a level that threatens the country's leading local banks. According to the financial industry on the 3rd, the net profit of the three internet banks, including Kakao, K, and Toss Bank, in the first half of the year was recorded at KRW 341.3 billion. The total net profit of the three companies in the first half of last year was (170.4 billion won), which has more than doubled in one year. All three companies are on a semi-annual basis
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2024-06-12 (m-i.kr)
InBang's three companies, which avoided the ELS incident, are showing good performance... The steep rise in delinquency rates is a burden.
Inbank takes the lead in refinance loans... Mortgage loans soar by more than KRW 5 trillion in one year
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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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2024-05-08 (asiae.co.kr)
Local banks ‘red light’ due to real estate PF and corporate economic downturn
A ‘red light’ came on in the performance of local banks in the first quarter of this year. In particular, soundness-related indicators generally declined compared to the first quarter of last year. Localities with many loans related to economically sensitive industries...
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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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