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President Yoon Jong-won of the Industrial Bank of Korea (IBK) talks with the head of a small business struggling to cope with the damages, caused by the spread of COVID-19 on March 17. President Yoon Jong-won of the Industrial Bank of Korea (IBK) said, “The collapse of SMEs will have a greater impa…
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Shinhan Bank President Jin Ok-dong. (Photos: Shinhan Bank)Shinhan Bank President Jin Ok-dong stressed the importance of bold decision-making to challenge old methods that have been verified, saying established business plans need to be continuously reviewed and reevaluated. President Jin made the re…
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KB Financial Group)KB Financial Group will acquire Prudential Life Insurance’s Korean unit. The financial group held a board of directors’ meeting on April 10 and approved its acquisition. KB Financial Group struck a sales and purchase agreeme…
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Hana Financial Group Chairman Kim Jung-tai, Hana President Ji Sung-kyu and Hana Card President Jang Kyung-hoon attend an emergency meeting of CEOs of the group’s subsidiaries on March 2 to discuss ways of providing financial support to small businesses, buffeted by the spread of COVID-19. (Photos: …
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Woori Financial Group Chairman Sohn Tae-seung, Woori Bank President Kwon Kwang-seok tours the bank’s South Gate branch in Seoul and listens to voices of merchants grappling to cope with hardships, caused by the spread of COVID-19. (Photo: Woori Financial Group)Chairman Sohn Tae-seung of Woori Finan…
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Chairman Kim Gwang-soo of NongHyup Financial Group. (Photo: NongHyup Financial Group) Under the stewardship of Chairman Kim Gwang-soo, now in reelection term, NongHyup Financial Group is stepping on the gas to expand its business turf abroad, with the goal of posting 160 billion won in annual net pr…
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Mirae Asset Daewoo continues to increase investments at home and abroad by utilizing equity capital of more than a trillion won (based on consolidated financial statements as of the end of 2019), creating synergies with investment banks (IBs), trading firms, and overseas businesses.Mirae Asset Daewo…
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Korea Investment Holdings Chairman Kim Nam-goo. (Photos: Korea Investment & Securities)Kim Nam-goo, vice chairman of Korea Investment Holdings, was promoted to chairman. Kim is evaluated to have grown Korea Investment Holdings into one of the most profitable companies in the Korean securities in…
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한국수출입은행(이하 ‘수은’)은 2,000억원 규모의 ‘중소 스피드업 수출입 대출’을 본격 시행하여 코로나19 영향으로 어려움을 겪고 있는 수출입 중소기업에 신속하게 자금을 공급한다고 3월 5일 밝혔다.‘중소 스피드업 수출입 대출’은 외부감사*를 받는 중소기업이 코로나19로 경영상 피해를 입었을 경우, 별도의 담…
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<손태승(왼쪽 두번째) 우리금융그룹 회장과 권광석(왼쪽 세번째) 신임 우리은행장이 남대문시장지점을 방문해 코로나19 사태로 어려움을 겪고 있는 남대문시장 소상공인들의 이야기를 경청하고 있다. 손 회장은 여신 지원으로 밤낮없이 고생하고 있는 직원들을 격려하고, 직원들의 현장 의견에 귀를 기울이며 권행장과 …
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President Huh Se-hong of GS Caltex. (Photos: GS Caltex)GS Caltex’s tedious efforts have paid off through private-public sector cooperation: persuading the International Maritime Organization (IMO) to allow general refueling ships to carry “B30 bio …
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LS Cable & System President & CEO Koo Bon-kyu delivers a commemorative speech at a groundbreaking ceremony for the largest submarine cable manufacturing plant in Chesapeake, Virginia. LS Cable & System has become the first Korean com…
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President Kwon Myung-ho of Korea East-West Power (EWP). (Photos: EWP)Korea East-West Power Co. (EWP) revealed AI technologies for use in the energy sector at the 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. Th…
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President Nam Hwa-young of Korea Electrical Safety Corp. (KESCO) looks around KESCO’s Publicity Pavilion at International Electric Power Industry Expo Korea 2025 at EXCO in Daegu on June 11. (Photo: KESCO)The Ministry of Trade, Industry and Energy (…
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