Hyundai Card Reopens Korea's Kimchi Bond Market, Expands Funding Portfolio with Dual-Currency USD-CNY Issuance

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 issu