Jeju Bank: Update following rating upgrade
Our credit view of Jeju Bank, reflecting its strong deposit funding and liquidity as a regional bank on the Jeju Island, as well as its high loan concentration in the region.Jeju Bank, formerly THE BANK OF CHEJU is a Korea-based commercial bank. The Bank provides deposit products such as free account deposits, apartment deposits, excess cash deposits, large sum of money arrangement products, tax reduction deposits, Internet deposits, theme products and others. Its loans products include bank loans for enterprises, private loans, petty loans for working classes and electronic loans. The Bank also provides the foreign exchanges and international finance services, security products, insurance, trust and fund products, retirement pension products, credit cards services, domestic exchange services, as well as electronic billing and agency services.
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