South Korean residents’ overseas card spending hit a record $22.91 billion in 2025, fueled by surging outbound travel and cross-border e-commerce, while non-residents’ domestic card use also reached an all-time high.
#YonhapInfomax #BankOfKorea #CardSpending #OutboundTravel #CrossBorderECommerce #RecordHighs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106706

South Korea’s Q3 card spending rose 6.7% year-on-year to 327.7 trillion won ($246.7 billion), driven by robust consumer sentiment and increased vehicle and online payments, with both personal and corporate card usage expanding amid government stimulus measures and improved market conditions.
#YonhapInfomax #CardSpending #CreditFinanceAssociation #ConsumerSentiment #VehicleSales #OnlinePayments #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88501

Samsung Card Co. reported a Q3 net profit of 161.7 billion won, down 4.2% year-on-year but beating market expectations, as card spending and loan receivables grew despite higher funding and credit loss costs.
#YonhapInfomax #SamsungCard #NetProfit #Q3Earnings #CardSpending #LoanReceivables #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87564

South Korea's Finance Ministry signals optimism as consumption rebounds, with July card spending up 6.3%, though concerns linger over construction and export risks.
#YonhapInfomax #FinanceMinistry #Consumption #Exports #ConstructionInvestment #CardSpending #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77061

South Korea’s Q2 card spending rose 3.7% year-on-year to 313 trillion won ($241.6 billion), driven by recovering consumer sentiment and robust online shopping, while corporate card use surged on improved business performance.
#YonhapInfomax #CardSpending #CreditFinanceAssociation #ConsumerSentiment #OnlineShopping #313TrillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=74452

South Korea’s card spending rose 2.9% year-on-year in April to 103.7 trillion won ($75.6 billion), with credit card usage up and debit card spending down, according to the Credit Finance Association.
#YonhapInfomax #CardSpending #CreditFinanceAssociation #CreditCard #CorporateCard #April2025Data #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65651