Kakao Bank becomes S Korea's biggest lender by market value in stellar debut

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

SEOUL :Digital lender Kakao Bank Corp made a stunning debut on Friday, surging 65per cent from its IPO price to become South Korea's biggest financial services firm by market value.The country first purely mobile bank to go public is expected to capitalise on rare growth opportunities for a financial firm aff

SEOUL :Digital lender Kakao Bank Corp made a stunning debut on Friday, surging 65per cent from its IPO price to become South Korea's biggest financial services firm by market value.

"Shareholders are bullish as it's a platform, not just a bank. It's a whole new type of firm, made possible due to South Korea's unique regulatory environment," said Seo Young-soo, an analyst at Kiwoom Securities. Kakao Bank became profitable in 2019 after less than two years in operation and has 13.35 million monthly active users, making it the largest financial app in the country.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 6. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

South Korea's Kakao Bank shares soar in market debutSEOUL : South Korea's Kakao Bank Corp jumped 38per cent above its initial public offering (IPO) price on its market debut, amid growth expectations for the digital bank's planned mobile mortgage business and other offerings. The listing is the country's biggest since game company Netmarble's IPO raised 2.
स्रोत: ChannelNewsAsia - 🏆 6. / 66 और पढो »

South Korea's Kakao Bank shares soar in market debutSEOUL : South Korea's Kakao Bank Corp jumped 38per cent above its initial public offering (IPO) price on its market debut, amid growth expectations for the digital bank's planned mobile mortgage business and other offerings. The listing is the country's biggest since game company Netmarble's IPO raised 2.
स्रोत: ChannelNewsAsia - 🏆 6. / 66 और पढो »