Corporate Surplus Overflows Amid Semiconductor Boom… High-Value Deposits Approach 1,000 Trillion Won
4 Articles
4 Articles
As of the end of June this year, high-value deposits at domestic banks with balances exceeding 1 billion won totaled nearly 1,000 trillion won, reaching an all-time high. This is attributed to a significant increase in surplus funds entrusted to banks by companies, driven by substantially improved corporate earnings resulting from robust exports in key industries such as semiconductors. Regarding export proceeds at major commercial banks
High-value deposits of 1 billion won or more in banks exceeded 960 trillion won, reaching an all-time high due to improved corporate performance driven by strong semiconductor exports. It is analyzed that corporate financial assets increased significantly as companies expanded their financial capacity with a surge in net fund management and foreign currency deposits, and as the inflow of export proceeds also became active.
Corporate Surplus Overflows Amid Semiconductor Boom… High-Value Deposits Approach 1,000 Trillion Won
(Seoul = Yonhap News) Reporters Han Ji-hoon and Chae Sae-rom = As of the end of the first half of this year, the total balance of high-value deposits exceeding 1 billion won at domestic banks approached 1,000 trillion won, marking a record...
[Digital Daily Reporter Lee Ho-yeon] As the performance of export companies, centered on semiconductors, improves, high-value deposits of over 1 billion won held in banks have reached 1,000 trillion won. Corporate dollar deposits and the inflow of export proceeds have also increased significantly. According to the Bank of Korea's economic statistics system on the 8th, as of the end of June, deposits in savings accounts with balances exceeding 1…
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