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South Korea Banking & Financial Services Q3 2018

BMI View:

South Korea has a large and well-developed financial sector, which is dominated by the country's giant conglomerates,known as chaebols. A robust and conservative regulatory framework helped maintain stability during the 2008 financial crisis,though efforts have now largely shifted to deregulation in an attempt to stimulate development and competition in the localfinancial sectors. New flexibility could encourage new foreign entrants, while also enabling domestic firms to diversify and seekprofitable opportunities overseas. Geo-political risks from North Korea and efforts to curb elevated household debt are the mainshort-term risks to further expansion in the sector.

BMI Industry View
Banking Snapshot
Forecast Scenario
Forecast Tables
Competitive Landscape
Regulatory Environment
Insurance Snapshot
Competitive Landscape
Regulatory Environment
Asset Management
Asset Management Snapshot
Competitive Landscape
Regulatory Environment
Stock Exchanges
Stock Exchanges Snapshot
Competitive Landscape
Regulatory Environment
Macroeconomic Overview
Growth To Remain Steady
Macroeconomic Forecasts
Household Income Forecasts
Demographic Forecast
Demographic Outlook
Banking & Financial Services Methodology

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