Hyundai Card becomes the first Korean credit-specialized financial company to issue a dual-currency USD-CNY Kimchi bond, expanding its investor base and currency portfolio in response to changing market conditions
SEOUL, South Korea, June 18, 2026 /PRNewswire/ -- As financial market volatility continues to rise, Korean credit card companies are rethinking how to raise funds. Unlike banks, specialty finance companies in Korea do not take deposits and have traditionally relied heavily on bond issuance for funding. But with interest rate volatility and funding costs increasing, diversifying funding channels has become an increasingly important priority.
Against this backdrop, Hyundai Card, one of Korea's leading financial companies, has been expanding its funding portfolio across a wider range of instruments, including offshore public bonds, syndicated loans, asset-backed securities (ABS) and, more recently, Kimchi bonds.
