South Korea's five major financial holding companies announced on Monday that they have activated emergency response mechanisms to support domestic firms operating in or exporting to the Middle East, following joint U.S.-Israeli military strikes against Iran.

The coordinated airstrikes by the United States and Israel, which took place on Saturday U.S. time, marked a significant military operation resulting in the death of Iran's Supreme Leader Ali Khamenei. The action coincided with a prolonged deadlock in indirect nuclear negotiations between Washington and Tehran.

The five financial institutions involved are KB Financial Group, Shinhan Financial Group, Hana Financial Group, Woori Financial Group, and NH Financial Group.

An industry insider stated that these companies are closely monitoring potential fluctuations in foreign exchange rates, interest rates, and global oil prices. They are also extending loan maturities and preparing financial support packages for businesses with operations in the Middle East region.

KB Financial Group, the largest financial group in South Korea by assets, revealed plans to offer preferential loans of up to 500 million won (approximately $343,000) to companies seeking funds for operational and facility investments.

Shinhan Financial Group said it would provide loans of up to 1 billion won to firms in need of working capital or investment funds related to Middle East operations.

An official from Woori Financial Group noted, "Investor reactions in Asian financial markets on Monday will serve as a critical turning point for near-term market direction."