Arab Today, arab today regulator strengthens inspections of major four banks
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Regulator strengthens inspections of major four banks

Arab Today, arab today

Arab Today, arab today Regulator strengthens inspections of major four banks

Seoul - Yonhap

South Korea's financial watchdog has beefed up its inspections of the four major local banks in an effort to root out alleged irregularities in the banking sector, sources said Tuesday. In a rare move, the Financial Supervisory Service (FSS) has started its probe into Kookmin Bank, Hana Bank, Shinhan Bank and Woori Bank all together in a bid to look into whether they might have been involved in suspected illegal activities.

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