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Chairman Sohn Tae-seung of the Woori Financial Group.The Seoul Administrative Court’s ruling in favor of Woori Chairman Sohn Tae-sung has eliminated a big stumbling block standing in the way for his bid to be reelected for his second term during an upcoming regular shareholders' meeting. The court …
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Chairman Kim Gwang-soo of NH Nonghyup Financial Group presides over a teleconference meeting at the financial group headquarters in Seoul on March 19 to provide financial support to companies, hit hardest by COVID-19. (Photos: NH Nonghyup Financial Group) Nonghyup Bank President-designate Son Byung-…
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Yoon Jong-won (first from left), president of the IBK, explains the IBK’s special financial supporting programs for small and medium-sized enterprises (SMEs) after listening to difficulties facing SMEs in a meeting in Ulsan with representatives of SMEs in Ulsan, Busan, and Yangsan on Feb. 13. (Phot…
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Chung Young-chae, CEO of NH Investment & Securities. (Photo: NHIS) Chung Young-chae was reelected as CEO of NH Investment & Securities. NH Investment & Securities made the decision in a board meeting on March 5. Chung will head up the company for two more years, until March 2022.Chung gr…
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Chairman Kim Yong-duk of the General Insurance Association of Korea (GIAK) speaks at a New Year’s meeting with reporters in Seoul on Jan. 20. The General Insurance Association of Korea (GIAK) is seeking to pursue institutional reform in indemnity insurance and car insurance as the loss rate is reac…
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하나은행은 음성 ARS 안내와 모바일 화면을 결합하여 시니어와 외국인 손님이 보다 쉽고 간편하게 금융 거래를 할 수 있는 스마트 ARS 서비스를 실시한다고 밝혔다. 스마트 ARS 서비스는 직관적인 디자인과 간결한 메뉴 구성을 통해 보고 들으며 송금, 거래내역 조회, 환율조회, 해외송금거래 등을 할 수 있어 음성 A…
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NH농협은행은 2월 24일 서울 서초구 소재 NH디지털혁신캠퍼스에서 국내 최초로 블록체인 기반의 분산ID(Decentralized Identifier : 분산 신원식별 시스템) 기술이 적용된 「모바일 사원증」 서비스를 선보였다고 25일 밝혔다. 분산ID 기술은 블록체인 기술을 기반으로 신원증명(ID)을 관리하는 전자신분증 시스템을 일컫는…
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Hana Bank is seeking making strategic investments by acquiring a stake in a ranking Myanmar-based commercial bank to enter the Southeast Asian financial Market. The move is similar to Hana Bank’s strategy of diversifying its business portfolio by acquiring an equity stake in the Joint Stock Commerc…
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Cho Yong-byung, chairman of the Shinhan Financial Group. (Photo: Shinhan Financial Group) Shinhan Financial Group recorded the highest-ever net profit since its establishment, with 3,403.5 billion won in net profit in 2019. This was an increase of 7.8 percent compared to the previous year. The group…
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KB Financial Group)KB Financial Group remained in the “3 trillion won club” for net income for three consecutive years in 2019. The group announced on Feb. 6 that it posted 3,311.8 billion won in net income last year, including 534.7 billion w…
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Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed…
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Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of “love” from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat…
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A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli…
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Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I…
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