Kiwoom Securities Co., Ltd. Leads Reported Unrecovered Loan Amounts - report

Kiwoom Securities Co., Ltd. (039490) recorded the largest unrecovered principal after forced share sales among surveyed brokers, Dailian reported Monday. The report cited regulatory data obtained by lawmaker Park Dae-chul covering major securities firms.

The figures capture principal left unpaid immediately after brokers sold customers' shares because their collateral was insufficient. They include amounts later repaid by customers or otherwise recovered by the brokerages.

The comparison covers the year's first seven months and records the immediate shortfall following liquidation rather than the remaining outstanding balance. The company's market capitalisation was ₩7.1 trillion at Monday's close.

Sources

  1. Dailian
Written from the filing or the Korean-language report it cites, not translated from it. Figures against this company's own statements are computed from DART data on kstock. kstock does not issue buy, sell or hold ratings and this is not investment advice.

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