Online lender Kakao Bank said Wednesday its net profit hit a record high in 2024 on increased interest income and a steady rise in its customer base. Its net profit came to 440 billion won ($299 ...

Yun Ho-young, 54, has been reappointed as CEO of Kakao Bank for a fifth term, reinforcing his leadership at South Korea’s leading internet-only lender, known for expanding its business beyond ...

The W2.55trn (US$2.15bn) IPO of Kakao Bank, South Korea’s largest digital-only lender, passed tough regulatory scrutiny and set a positive tone in a record year for the country’s IPO market. Kakao ...