KB and Shinhan just posted their best quarterly profit ever, powered by fee income alone.
KB Financial Group and Shinhan Financial Group reported record quarterly net profit, with combined fee income reaching 2.8 trillion won. Deposit rates at Hana Bank and NongHyup Bank are falling faster than loan rates, widening bank margins. Shinhan's talks with JKL Partners over the Lotte Non-Life Insurance stake remain stalled, while Kakao Pay and Toss move into won-based stablecoin infrastructure with Circle.
Sources:
- KB, Shinhan Post Record Quarterly Profit on Fee Income — Seoul Economic Daily, July 24 2026
- Deposit Rates Fall Faster Than Loan Rates, Widening Bank Margins — Seoul Economic Daily, July 24 2026
- Shinhan Financial, JKL Partners Clash Over Lotte Non-Life Deal — Seoul Economic Daily, July 24 2026
- Kakao Pay, Toss Partner With Circle on Won Stablecoin — Seoul Economic Daily, July 24 2026
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Tags:
#KBFinancial #ShinhanFinancial #BankMargins #StablecoinKorea #LotteNonLife #KOSPI #AIPRISM #SeoulEconomicDaily #WANIFRA
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