JPMorgan Chase & Co analysts have identified the recent decline in South Korean bank stocks, caused by political unrest, as a good opportunity to buy.

The gauge tracking Korean bank shares dropped by up to 5.3%, resulting in a two-day decline of over 9%. On Thursday, KB Financial Group, the parent company of the largest lender in the country, saw its shares fall by 9.2%. Shinhan Financial Group and Hana Financial Group, competitors of KB Financial Group, also experienced significant losses, with each dropping more than 4%.

Despite the current volatility, analysts believe that banks will continue their efforts to improve shareholder returns.