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Economy/Finance
Chairman Kim Kwang-soo of NH Financial Group. (Photo: NHFG) NH Financial Group has been pushing globalization and digitalization as the two main points of its management strategy this year, with a special emphasis on globalization as the initial year for the push. The group targets generating 10 per…
President Sohn Tae-seung of Woori Bank. (Photo: Woori Bank)Woori Bank is on track to accomplish the seven management tasks laid out by Chairman Sohn Tae-seung when he took over the helm of the bank last December.The tasks included securing a foundation for stable profit, expansion of the global netw…
Chairman Lee Dong-gull of Korea Development Bank. (Photo:KDB)Chairman Lee Dong-gull said Korea Development Bank(KDB) and all other state-run banks, commercial banks, foreign banks and financial organizations should participate in the inter-Korean economic projects to ease the risks. He made the stat…
President Kim Do-jin of the Industrial Bank of Korea(IBK). (Photo: IBK)The Industrial Bank of Korea (IBK) logged the largest first half net profit since 2011 at 937.2 billion won, up 17.2 percent year-on-year, the bank announced on July 26. The net profit in the first half of 2011 amounted to 993.1 …
Chairman Eun Song-soo of the Import and Export Bank of Korea(Korea Eximbank),left, beams after signing an EDCF loan agreement with Chairman Tarek Gamal El-Din Galal of the Egyptian Authority for Tunnels on Aug. 28 at Korea Eximbank’s Seoul head office in Seoul. (Photo: Korea Eximbank)Chairman Eun S…
President Moon Chang-yong of Korea Asset Management Corp.(KAMCO).Korea Asset Management Corp. (KAMCO) held a meeting with a group of 11 Vietnamese officials including Chief Pham Thanh Tam of the Financial Market of the Finance Ministry of Vietnam on the 47th floor of the Busan International Financia…
Chairman & President-designate Wi Sung-baek of the Korea Deposit Insurance Corp. Korea Deposit Insurance Corp. (KDIC) has been steadily maintaining its unclaimed deposits service to help customers claim their unclaimed money when their financial companies went bankrupt. The state-owned deposit i…
A Key executives, led by President Chung Ji-won, of the Korea Exchange, applaud at a ceremony on May 23 to launch the new market watch system, EXIGHT, designed to seek out and prevent unfair trade practices at the Korea Exchange.KRX launched EXIGHT, an AI-based next-generation stock market watch sys…
The participants in the Korea-China Financial Forum held at Shangri-la Hotel in Qingdao City in China on Aug. 30 including President Park Young-ho of the Busan International Financial Center, Deputy Mayor Liu Janagun of Qingdao City and President Li Yang of NIFD and others from the two countries org…
Chairman Kwon Yong-won of the Korea Financial Investment Association(KOFIA)Chairman Kwon Yong-won of the Korea Financial Investment Association (KOFIA) said the default option system should be included in the funding-type retirement pension system when the National Assembly goes over the system befo…
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Policy/Politics
A view of Korea Institute of Ceramic Engineering and Technology (KICET) headquarters in Jinju, Gyeongsangnam-do. (Photos: KICET)KICET President Yoo Kwang-soo.Korea Institute of Ceramic Engineering and Technology (KICET) is making all-out efforts to b…
President Lee Hak-soo. (Photo: K-water)As of Dec. 31, 2017, K-water was engaged in 12 overseas projects in 10 countries. Given the company’s diverse activities, K-water operates under several regulations including the K-water Act, the Water Supply a…
Officials at the Office of Waterworks at the Seoul Metropolitan Government (SMG) pose for the camera with Arisu bottles. (Photos: Office of Waterworks at SMG)The Office of Waterworks at the Seoul Metropolitan Government (SMG), established in 1989, is…
Chairman Choi Jong-gu of Financial Services Commission delivers his speech at a ceremony to celebrate the 21st anniversary of the Capital Market Research Institute on Sept. 4 at Conrad Hotel in Seoul. (Photo: FSC)Chairman Choi Jong-gu of the Financia…


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