lending

Earnings Shinhan Financial’s overseas business blooms, on track for record earnings

Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...

Alternative investments Korean pension funds raise bets on infrastructure, global stocks

South Korean pension funds are raising their bets on infrastructure and global stocks, while reducing exposure to the domestic stock market on a dow...

Economy Korea’s household debt sees ‘balloon effect’ as rules tightened in Seoul

South Korea’s household lending market is witnessing a balloon effect as tighter government lending rules for Seoul and its surrounding metrop...

Pension funds NPS commits $436 mn to Koramco, Hana Alternative for real estate lending

The National Pension Service (NPS), South Korea’s largest institutional investor, has selected Koramco Asset Management Co. and Hana Alternati...

Banking & Finance Kookmin to tighten loan limits to cool housing market

Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the govern...

Economy Korea’s household debt hits record high on mortage loans

South Korea’s household debt hit a record high in the second quarter as the domestic housing market started to recover and more consumers rush...

Economy S.Korea’s July household debt grows at fastest pace in over 3 years

South Korea’s household debt is expanding at the fastest pace in over three years, clouding growth in Asia’s fourth-largest economy and ...

Private debt Direct lending, a core allocation for investors: M&G Investments

Private credit continues to lure investors, not least within one of the largest areas of private credit, direct lending. Providing reliable income s...

Sovereign wealth funds KIC eyes direct lending with high return potential: CEO

Sovereign wealth fund Korea Investment Corporation (KIC) seeks opportunities in direct lending for companies that are not cyclically sensitive and g...

Private debt M&A rebound will drive private credit volume increase: Golub Capital

As the Federal Reserve signaled delays in rate cuts after meeting earlier this month, more investors have adopted for a wait-and-see attitude. Those...

Economy Korea’s household debt growth at 5-month high on mortgages

South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery in the property mar...

Economy Korea eyes $1.5 bn injection in KDB to boost chip, battery sectors

South Korea may inject some 2 trillion won ($1.5 billion) into Korea Development Bank (KDB) by the end of this month to support the state-run bank's...

Private debt Korean LPs stick to private debt amid market uncertainties

South Korean limited partners will tap private debt as their most preferred asset class in 2024 to secure stable income amid geopolitical conflicts an...

Fashion The North Face supplier Youngone lends $177 mn to Scott

Youngone Corp., a South Korean clothing manufacturer to global outdoor brands like The North Face and Patagonia, said on Thursday it has decided to ...

Central bank South Koreans expect inflation to slow, relief to BOK’s hawkish stance

South Koreans expect inflation to slow over the next 12 months, providing relief to the central bank’s hawkish stance that policy rates should...

Private debt Korea Investment raises $400 mn to expand US assets

Seoul-based brokerage firm Korea Investment & Securities Co. (KIS) has raised $400 million in new bonds to strengthen its investments in the US ...

Central bank BOK warns of household lending risk on growth, inequality

South Korea’s central bank warned that household lending in the country has leaped to the world’s third highest and could hurt long-term...

ASK 2023 Private debt will offer both income and downside protection: ASK 2023

Global investors will find opportunities to increase positions in private debt markets amid high interest rates this year and need to strengthen their...

Private debt Direct lending tops private debt strategy again for Korean LPs

Direct lending, which has topped South Korean institutional investors’ private debt strategies for years, has become even more popular amid risi...

Regulations Korea to adopt cornerstone investor system to vitalize IPOs

South Korea is set to introduce a system of cornerstone investors who agree in advance to subscribe to a forthcoming listing with conditions of lock...

Sovereign wealth funds KIC buys stake in US credit asset manager Golub Capital

Korea Investment Corporation (KIC) has made its first direct investment in an asset management firm, the South Korean sovereign wealth fund said on ...

Capital raising Industrial Bank of Korea provides Silicon Valley-style financing for startups

Industrial Bank of Korea (IBK) on Friday launched the IBK Venture Loan, which provides bridge loans to promising startups struggling to borrow funds...

Corporate bonds Lotte to spend $651 mn to save affiliate from Legoland woes

Lotte Group is set to inject a total of $651 million through its chemical units to save a construction affiliate from the fallout of a debt default ...

ASK 2022 NPS increases exposure to secondaries, direct lending

South Korea’s National Pension Service (NPS) will expand investments via secondaries and direct lending, its Head of Strategic Alternative Inv...

ASK 2022 Kyobo Life bets on US direct lending, keeps watch on Europe

South Korea’s Kyobo Life Insurance Co. focused on US direct lending market this year given the rising probability of a European market recessi...

Private debt Direct lending, middle market offer resilience: NYLIM 

There is no doubt that headwinds to economic and market growth are picking up. Globally, supply chain and energy disruptions have contributed to hig...

Private debt European direct lending offers investment edge: Permira

The direct lending market is garnering investor attention as it has performed well during periods of market volatility. As banks are cautious to t...

Private equity US private equity giant Apollo making inroads into Korea

Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...

Private equity US private equity giant Apollo to make inroads into Korea

Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...

Private debt Investors may see tough credit cycle in direct lending: TCW Private Credit

As economic uncertainties grow amid rate hikes and inflation, South Korean institutional investors are eyeing direct lending for safer investment an...