Standard Chartered Bank Korea posted a 93.8 billion won net profit in the first quarter, up 23.4 percent from last year due to substantial revenue.
The lender's rise in assets and higher fee income induced a marked upturn on revenue.
Also contributing were efforts to trim costs and boost productivity.
Return on equity is at 8.32 percent in the first quarter, up 1.64 percentage points from a year earlier, while the capital adequacy ratio reached 15.41 percent.
Meanwhile, the ratio of nonperforming loans reached 0.40 percent as of the end of March, with its loan delinquency rate coming to 0.22 percent.


Federal Appeals Court Blocks Trump-Era Hospital Drug Rebate Plan
Aktis Oncology Prices Upsized IPO at $18, Raising $318 Million in Major Biotech Debut
FDA Limits Regulation of Wearable Devices and Wellness Software, Boosting Health Tech Industry
Johnson & Johnson Secures Tariff Exemption by Agreeing to Lower Drug Prices in the U.S.
AustralianSuper Backs BlueScope Steel’s Rejection of $9 Billion Takeover Bid
Hanwha Ocean Shares Rise on Plans to Expand U.S. Shipbuilding Capacity
xAI Cash Burn Highlights the High Cost of Competing in Generative AI
SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally
FCC Exempts Select Foreign-Made Drones From U.S. Import Ban Until 2026
Lenovo Unveils AI Cloud Gigafactory With NVIDIA and Launches New AI Platform at CES 2026
Baidu’s AI Chip Unit Kunlunxin Prepares for Hong Kong IPO to Raise Up to $2 Billion
Hyundai Motor Shares Surge on Nvidia Partnership Speculation
China Reviews Meta’s $2 Billion AI Deal With Manus Amid Technology Control Concerns
OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook
Barclays Invests in Stablecoin Clearing Firm Ubyx to Advance Digital Money Strategy
Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer
BlueScope Steel Shares Slip After Board Rejects A$13.2 Billion Takeover Bid 



