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President Kim Sung-tae of the Industrial Bank of Korea (IBK]. (Photo: IBK)Industrial Bank of Korea (IBK) announced on May 12 that it launched the IBK ESG Diagnosis System to support small companies’ ESG management. The IBK ESG Diagnosis System provides ESG Diagnosis Consulting to diagnose the …
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Chairman Yang Jong-hee of KB Financial Group. (Photo: KB Financial Group)KB Financial Group announced via internet and mobile live broadcasts on April 24 that it posted 1,679.3 billion won in net profit with an ROE of 13.04 percent in the first quarter of 2025. Despite a decline in interest inc…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group has recorded the company’s highest-ever first-quarter net profit. The growth of its interest income was driven by an increase in loans, despite a decline in the market interest rate and the…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group’s net profit swelled nearly 10 percent year on year during the first quarter of 2025. This is the best first quarter performance since the company merged with Hana Bank and Korea Exchange Bank.Han…
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Chairman Chairman Lim Jong-ryong of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group announced its business results for the first quarter of 2025 at an investor relations (IR) conference on April 25. Woori Financial Group realized a net profit of 615.6 billion won.&nbs…
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Chairman Lee Chan-woo of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group announced on April 30 that its net profit amounted to 714 billion won in the first quarter of 2025. This was a 10.7 percent increase from 64.48 billion won in the first quarter of 2024 a…
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President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on April 29 that it will hold a promotion to offer a preferential 100 percent exchange rate to foreign customers who remit their salaries in Korea to their home countries by Dec. 31 of 2025. This promotion is…
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President Lee Hwan-joo of KB Kookmin Bank. (Photos: KB Kookmin Bank)KB Kookmin Bank claimed first place in terms of returns on non-principal-guaranteed products of defined contribution (DC) retirement pensions and individual retirement pensions (IRPs) among all banks that are retirement plan provide…
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President Lee Ho-sung of Hana Bank. (Photos: Hana Bank)Hana Bank announced on May 2 that it has signed a business agreement with the Association of Vietnamese Residents in Korea, at the Vietnamese Embassy in Jongno-gu, Seoul, on April 29. The deal mean Hana Bank will provide financial education…
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Jung Jin-wan, president of Woori Bank, shakes hands with Ahn Jung-hwan, head of K-water’s Ukraine Reconstruction Group at Woori Bank’s Poland Branch on May 7. (Photo: Woori Bank)Woori Bank announced on May 8 that it held a meeting with Korea Water Resources Corporation (K-water) at Woori Bank’s P…
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Han Seok-won, Senior Executive Vice President and Head of Planning & Coordination Division at Hyundai Motor Group, and Lee Ju-tae, Head of Future Strategy Division at POSCO Holdings, pose at a signing ceremony for a memorandum of understanding fo…
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Chairman Lee Jay-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics announced on May 14 that it has signed an agreement to acquire all shares of FläktGroup, a leading global HVAC solutions provider, for 1.5 billion euro…
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A whole view of CJ Bio America in Fort Dodge, Iowa, the United States. (Photo: CJ CheilJedang)CJ CheilJedang has decided not to dispose of the green bio business, valued at 6 trillion won.The move may be construed by the company’s strategic decision…
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Chairman Shin Dong-won of Nongshim. (Photos: Nongshim)Nongshim held a groundbreaking ceremony for the construction of a pilot greenhouse as a center of exporting “K-Smart Farm” to the Middle East at the Riyadh National Agricultural Center in Saudi …
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