Korean banks flag policy finance risks in US filings

KB Financial Group, Shinhan Financial Group and Woori Financial Group have warned US investors that government pressure to expand policy finance and support vulnerable borrowers could weigh on profitability and asset quality, highlighting risks that were not disclosed in their Korean filings. The banking groups, all listed on the New York Stock Exchange, included the disclosures in annual reports for fiscal 2025 filed with the US Securities and Exchange Commission. In the April 28 filing, KB Fin

By The Korea Herald