The Busan Bank Co., Ltd.

Location

Busan

Founded

1967-11-29

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.

Recent Articles about The Busan Bank Co., Ltd.

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BNK Financial lowers shareholder return hurdle... “Value increase plan announced in October”

2024-07-31 (einfomax.co.kr)

BNK Financial lowers shareholder return hurdle... “Value increase plan announced in October”

BNK Financial Group, which set 'achieving a common equity capital ratio (CET1) of 13.5%' as a prerequisite for achieving a 50% shareholder return rate, has begun work on lowering the shareholder return hurdle. The capital ratio requirements for local banks are different from those for commercial banks. In addition, as the recent value-up craze has increased the demand for setting intermediate goals to increase shareholder returns, BNK Financial has also begun discussions on revising the target ratio. In a conference call held immediately after the first half performance announcement on the 31st, BNK Financial said, "Today In relation to measures to improve corporate value, the board of directors lowers the target ratio before applying the mid- to long-term target of CET1 of 13.5%.

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“Introduction of loyalty duty for controlling shareholders” proposed by senior commercial law scholar Hong Bok-ki

2024-07-17 (womaneconomy.co.kr)

“Introduction of loyalty duty for controlling shareholders” proposed by senior commercial law scholar Hong Bok-ki

As it is pointed out that the amendment to the Commercial Act, which expands the scope of directors' duty of loyalty to 'shareholders' other than the 'company', may deepen Korea's discount, the corporate law must be reformed in a way to strengthen the controlling shareholder's duty of loyalty to the company. According to the legal community on the 16th, Hong Bok-ki, professor emeritus at Yonsei University Law School, recently gave a keynote presentation at the 2024 Korean Economic Law Society Summer Academic Event sponsored by the Korea Employers Federation and the Korea Listed Companies Association at the Busan Bank Training Center and said, "Introduction of loyalty duty for controlling shareholders. “It is time to review,” he emphasized. Controlling shareholders usually hold a relatively high percentage of shares and make majority resolution.

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BNK Financial, common stock capital ratio improved to over 12% this year

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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BNK Financial resolves dividend of 510 won per share..."Common stock capital ratio improves by more than 12%"

2024-03-02 (newspim.com)

BNK Financial resolves dividend of 510 won per share..."Common stock capital ratio improves by more than 12%"

BNK Financial resolves dividend of 510 won per share... ''Common stock capital ratio improved by more than 12%'' Securities·Finance| BNK Financial resolves dividend of 510 won per share... ''Common stock capital ratio more than 12%

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