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Chairman Choi Jong-gu of Financial Services Commission(FSC). (Photo:FSC)The new government plan to ease conditions for allowing new financial investment firms to get licenses to operate is centered on softening the entry conditions and the walls dividing the types of businesses in the industry, acco…
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Chairman Shin Yong-kil of Korea Life Insurance Association. (Photo: KLIA)Korea Life Insurance Association held a seminar on July 8 at the International Conference Room of the Korea Chamber of Commerce and Industry.Entitled “InsurTech: The Present and Future of Insurance,” the event was dedicated t…
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President Sung Dae-kyu of Shinhan Life Insurance Co., left, holds the Korea Service Grand Prix with Chairman Lee Sang-jin of Korea Standards Association(KSA) at a ceremony held on July 5. (Photo: KSA)Shinhan Life Insurance Co. won the 2019 Korea Service Grand Prix in the “life Insurance” category …
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Chairman Lee Dong-geol of Korea Development Bank (KDB).The Korea Development Bank (KDB) is going after M&As with Indonesian financial companies to boost its presence in the Southeast Asian market, a source said recently. The state-owned firm is said to be targeting a financial firm that has a li…
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New Chairman KIm Joo-hyun of the Credit Finance Association of Korea. (Photo:Crefia)Kim Joo-hyun, former president of the Korean Insurance Depository Corporation, was named Chairman of the 12th Credit Financing Association. His three-year term begins on June 19. The board approved his nomination at …
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Chairman Cho Yong-byoung of Shinhan Financial Group. (Photos: SFG)Shinhan and KB financial groups, the two leading financial groups in Korea, have been competing to lead the operational results in the 1st half of this year, with Hana Financial Group right behind them in 3rd.FnGuide said the leading …
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photos: KBFG)KB Financial Group has put out a financial platform thru which the customers can find information on loans, such as the interest rates and the limits of particular loan products of its four affiliates without submitting paperwork.The move …
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President Ji Sung-kyu of KEB Hana Bank.(Photo: KEB Hana)KEB Hana Bank saw its overseas profit jump substantially in recent months along with the progress of digitalization, with loans outstanding as of May 31 rising to $16.587,80 billion, up 9 percent from $15.256,3 billion recorded at the end of la…
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An aerial view of Kyung Island near Yeosu where the Yeosu and Kyung Island Marine Tourism Complex is to be built by Mirae Asset Group.Chairman Park Hyeon-joo of Mirae Asset Group. (Photos: Mirae Asset Group)Chairman Park Hyeon-joo of the Mirae Asset Group said the group will now focus its investment…
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President Lee Dae-houn, 2nd left, of NH Bank, meets with Director Allen Awoo in charge of the Banking Sector of the Hong Kong Financial Authority. (Photo: NH Bank)NH Financial Group has been hard at work to take advantage of developing the local subsidiary of NH Investment and Securities Co. in Hong…
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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 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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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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