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Chairman Kim Gwang-soo of NH Financial Group. (Photo: NHFG)NH Financial Group reported an 11-percent jump in its first-quarter earnings from a year earlier thanks to a stellar performance of its banking and investment securities units.NH Financial Group said in a regulatory filing on April 29 that i…
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Chairman Sohn Tae-seung of Woori Financial Group. (Photos: WFG)Woori Financial Holdings Corp. delivered a net profit of 568.6 billion won ($490.5 million) in the first quarter, posting better-than-expected results since its rebranding to a holding entity earlier this year.The Korean company said Apr…
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President Lee Dong-cheol of KB Card, left, delivers a check for 120 million won in donation to the Mirok Umbrella Children’s Foundation on May 3. (Photo: KB Card)KB Card donated 120 million won to the Mirok Umpbrella Children’s Foundation to help the foundation’s efforts to fight against fine dus…
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President Chung Young-chae of NH Investment & Securities Co. (Photo: NHIS)NH Investment & Securities posted 171.1 billion won in net profit in the first quarter, up 33 percent from a year earlier. The strong performance was attributed to the growth of its investment banking division and an i…
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President Jung Il-moon of Korea Investment & Securities Co. (Photo: KIS)Korea Investment & Securities Co.(KIS) posted 3.183,6 trillion won in the 1st quarter this year, up 34.7 percent YoY with net profit coming to 218.6 billion won, up 44.5 percent YoY while operating profit rising 33 perce…
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President Choi Young-moo of Samsung Fire and Marine Insurance Co. shakes hands with President Michael Watson of Canopius after signing an agreement on investment at the head office of the British insurance firm in London on May 2. (Photo: Samsung Fire)Samsung Fire & Marine Insurance has made an …
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Chairman Sohn Tae-seung of Woori Financial Group who also doubles as the CEO of Woori Bank.Woori Bank announced on May 8 that it has floated US$450 million (532.13 billion won) worth of Formosa sustainability bonds in Taiwan.A Formosa bond is a bond issued in Taiwan but denominated in a currency oth…
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Chairman Kim Gwang-soo looks back at the initial year of his achievements at a media briefing session on May 8.(Photo: NHFG)NongHyup (NH) Financial Group Chairman and Chief Executive Kim Gwang-soo said May 8 the group will strengthen its business by reorganizing its nonbank assets and seeking opport…
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President Jin Ok-dong of Shinhan Bank.Shinhan Bank has decided to go ahead with its plan to use AI technology for the automation of its operations, this time on the analyses of documents and credit evaluations, for the first time in the commercial banking sector.The AI technology will be the first I…
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President Choi Hee-nam of Korea Investment Corp. (Photo: KIC)The Korea Investment Corp. (KIC) said the KIC is expected to have its operational results for this year turned around to the “plus” side and post 7.5 percent growth after April, President Choi Hee-nam of told Korean media on April 30 at …
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Chairman and CEO Lee Hyungchul of Korean Register (KR). (Photos: KR)Korean Register (KR) has built an “Ammonia Bunkering Simulation System” at the LNG Fueled & Bunkering Simulation Center (LSC) at KR headquarters in cooperation with Trans Gas S…
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President Hong Jin-bae of the Institute of Information & Communications Technology Planning & Evaluation (IITP). (Photos: IITP)President Hong Jin-bae of the Institute of Information & Communications Technology Planning & Evaluation (I…
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Chairman Kang Seok-jin of Korea SMEs and Startups Agency (KOSME) poses with officials with Space Solution as he made an inspection toured the aerospace parts maker, based in Daejeon, on March 26 to listen to complaints and grievances the company expe…
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Gov. Kim Jin-tae of Gangwon State reveals a plan not to run for the upcoming presidential election, but to concentrate on the pending issues of the Gangwon area at the provincial government on April 14. (Photo: Gangwon State) Gangwon State is de…
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