k bank south korea

Nov

Assessing the K Bank-Upbit relationship

South Korea’s K Bank had a strong third quarter during which its net income surged almost 181% annually to 37 billion won (US$26.3 million). Through September, the online lender had accrued profits of 122.4 billion won, up 220% from the first nine months of 2023. K Bank’s customer numbers are…

Aug

Asia Banking Research

K Bank sees new momentum for IPO

South Korea’s No. 2 digital bank K Bank had been planning to go public on the Korea Exchange (KRX) at the end of this year, but has been hesitant to make that commitment given uncertain market conditions. However, K Bank posted such a strong performance in the first half of…

Aug

Asia Banking Research

The K Bank IPO could be delayed again

South Korea’s No. 2 digital bank K Bank had been planning to go public on the Korea Exchange (KRX) at the end of this year, but unfavorable market conditions could force the company to delay the listing. There are three main issues that could adversely impact the IPO: the softening…

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