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Economy/Finance
Subrogation payment amounts, offered by Korea Housing and Urban Guarantee Corp. (HUG) instead of house owners, and jeonse deposit money return guarantee incidents, logged the biggest-ever figure in September. Cumulative subrogation payment amounts and jeonse deposit money return guarantee incid…
President Choi Joon-woo of Korea Housing Finance Corp.(HF)Korea Housing Finance Corp. (HF) has lowered application terms on “Safety Transition Loans” that can switch to housing-secured loans with a minimum annual interest rate of 3.7 percent and the cap of the loans. On Oct. 7, the first day …
President Yoo Jae-hoon of Korea Deposit Insurance Corp. delivers his inaugural speech at an inauguration ceremony at KDIC headquarters on Nov. 21. (Photo: KDIC)Former Korea Securities Depository (KSD) Chairman Yoon Jae-hoon took office as the new president of Korea Deposit Insurance Corp. (KDIC) on …
Chairman & President Yoon Hee-sung of Korea Eximbank and GS Energy President Huh Yong-soo struck an MOU on financial support for the establishment of energy security and transition at Korea Eximbank headquarters in Yeouido, Seoul, on Sept. 19. (Photo: Korea Eximbank)The Export-Import Bank of Kor…
(from left) Chairman Kim Bok-cheol of the National Research Council of Science & Technology (NST), Chairman Kang Byung-sam of the Korea Innovation Foundation (INNOPOLIS), and Kang Seok-hoon, chairman of Korea Development Bank (KDB) hold a copy of a business agreement for fostering national scien…
Chairman Cho Yong-byoung of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a record-high performance through the third quarter of this year thanks to an increase in interest income caused by a rise in the interest rate and proceeds from the sale of non-operat…
Chairman Yoon Jong-kyu of KB Financial Group. (Photo: KB Financial Group)On Oct. 25, KB Financial Group announced its business results for the third quarter of 2022 through internet and mobile live-streaming services.KB Financial Group posted 4,027 billion won in accumulated net income in the third …
Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on Oct. 25 that it posted 1,121.9 trillion won in net profit in the third quarter, racking up cumulative consolidated net profit of 2,849.4 billion won between the first and third quarters of …
Chairman Sohn Tae-seung of Woori Financial Group. (Photos: Woori Financial Group)Woori Financial Group announced on Oct. 25 that it posted cumulative net profit of 2,661.7 billion won in the first three quarters of 2022. This figure exceeded the previous year’s annual total. Meanwhile, its thi…
Chairman Son Byung-hwan of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group posted the highest net profit on an accumulated basis in its history in the first three quarters of 2022. Excluding the agricultural support project costs supplied by NongHyup Financia…
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Business/Company
Samsung SDS announced on Oct. 27 that it recorded revenue of 4.1981 trillion won and operating profit of 185 billion won in the third-quarter of 2022. Compared to the same quarter last year, the revenue increased by 24.2% while operating profit …
CJ Group Chairman Lee Jay-hyun holds a “Group CEO Meeting” in which he reviewed the direction of the mid- and long-term strategies and implementation plan for the next three years at the CJ Human Resources Center in Jung-gu, Seoul on Oct. 27. (Phot…
Chairman Chung Eui-sun of Hyundai Motor Group, Jack Kemp, Governor of Georgia, and José Muñoz, president and chief executive officer, Hyundai Motor North America, pose at the Hyundai Motor Group Metaplant America Groundbreaking Ceremony in …
A view of the Lotte World Tower, Korea’s highest landmark skyscraper. (Photo: Lotte Group)Lotte Group is trying to realize the values of shared growth under the catchphrase “Make Tomorrow Beneficial” by Supporting Its Cooperative SMEs. The bu…


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