Mercantile Hanpakot 2025: Profit Returned, But This Is Still Just a Funding Conduit for the Bank
Mercantile Hanpakot returned to profit in 2025, but it is still a very narrow funding structure. The spread between the parent-bank deposit and Series D remained positive, yet most of pre-tax profit came from remeasuring the expected-credit-loss allowance rather than from a broa…
March 1, 2026
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