Hanvit Bank could be in big trouble - again

Korea''s largest commercial lender will need more capital and a bit of luck to get through the year.

Meera Tharmaratnam

May 25, 2000

Hanvit Bank, South KoreaÆs largest commercial lender, could be in big trouble again. Despite having raised some US$850 million this year, Hanvit is in no position to reduce its exposure to KoreaÆs top conglomerates by the governmentÆs time frame of 2002 and may need a new cash infusion if it wants to meet bad debt charges and tougher government lending rules.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Related Articles

Partner up or perish: Why Japan’s regional banks are racing to consolidate

New tie-ups in Tohoku and Kansai highlight growing pressure on Japan's regional banks to defend deposits and cut costs.

November 03, 2026

Bangladesh steps up digital banking push

Five firms are in the process of setting up digital operations after being awarded licences.

October 25, 2026

Bank of America makes Japan and Apac leadership appointments

The investment banking arm has named a co-head of Japan FIG and a head of Asia ex-China FIG, who will also lead Apac insurance.

September 27, 2026

Deutsche Bank names Philippines chief country officer

Vikas Arora is returning to the country with the German lender to replace Dino Siason.

September 29, 2026

DBS to change chairman in 2027

Board member Anthony Lim will replace the retiring Peter Seah in the new year.

November 08, 2026

DBS rejects $1bn lawsuit related to 1MDB

The claim is filed by several entities and their liquidators in relation to the scandal hit Malaysian sovereign wealth fund.

September 13, 2026