Tag: deposit

deposit

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Money supply rises at sharpest pace in 9 months on deposit gains

Korea’s M2 rose 0.8 percent in May, the fastest monthly gain in nine months, as short-term deposits and money market funds increased.

2026.7.15

U.S. dollar notes and Korean won at a branch of Hana Bank in central Seoul on April 3. [YONHAP]

March sees largest recorded drop in Korea's resident foreign currency deposits as won weakens

Resident foreign currency deposits in Korea fell by the largest margin on record in March as a weaker local currency spurred conversions into the U.S. dollar, central bank data showed Wednesday.

2026.4.22

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People check rental listings in Jongno District in central Seoul on Feb. 24. The average monthly rent and maintenance fee for housing units smaller than 33 square meters (355 square feet), with a 10 million won ($6,930) deposit, near 10 universities in Seoul rose 18.1 percent on year in January to 738,000 won, according to real estate platform Dabang. [YONHAP]

High-rent district

High-rent district

2026.2.24

An employee sorts dollar bills at Hana Bank’s Counterfeit Response Center in central Seoul on Nov. 26. [NEWS1]

Corporate dollar deposits increase at fastest pace in November

Dollar deposits by companies at local banks rose at the fastest pace of the year in November as firms accelerated efforts to increase their dollar holdings amid a strengthening greenback.

2025.11.30

Hana Bank's “Hana Gold Trust Operation.″ [HANA BANK]

Hana Bank introduces new gold trust investment program

Hana Bank introduced a new gold trust product on Monday that allows customers to store physical gold and earn returns through investment, marking the first such offering in the Korean financial industry.

2025.8.11

An employee organizes dollars at Hana Bank's Anti-Counterfeit Response Center in central Seoul on March 31. [YONHAP]

Foreign currency deposits fall for 2nd consecutive month in March

Foreign currency deposits in Korea declined for the second straight month in March to come in at $96.94 billion as corporate deposits fell due to overseas investments and import settlement payments

2025.4.23

A banker checks dollar bills at Hana Bank's Counterfeit Notes Response Center in Seoul on March 31. [YONHAP]

Currency contraction: Foreign funds fall $5 billion in February

Korea's foreign currency deposits fell by nearly $5 billion in February to $98.53 billion, primarily driven by corporate withdrawals.

2025.3.31

The National Assembly on Friday passed a bill to double the maximum amount of savings deposited in banks protected by the government. [YONHAP]

Parliament passes bill to double insured amount of bank savings

The National Assembly passed a bill that doubles the amount of savings deposited in banks protected by the government to 100 million won.

2024.12.29

Neon dice show crypto symbols against a candlestick chart screen. [SHUTTERSTOCK]

Complaint filed against two crypto lenders for fraud

Investors have filed a complaint against two crypto lenders — Haru Invest and Delio — over alleged fraud.

2023.6.18

Apartments seen from Namsan Tower in central Seoul on May 14 [NEWS1]

Jeonse's weaknesses raise questions about system

Discovery of possibly fraudulent housing schemes is raising questions about the sustainability of jeonse.

2023.6.9