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President Chung Il-moon of Korea Investment and Securities Co.Korea Investment and Securities Co. (KIS) has always been known as a company that has the most sound profit base in the industry, as its first half results this year show up an astounding 42 percent YoY increase at 408 billion won. That’…
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President Lee Dong-bin of Suhyup Bank.Suhyup Bank is setting up its first local bank overseas, in Myanmar, to exclusively provide small loans, which is the part of the bank’s strategy to explore alternative international financial markets, diversifying from the crowded domestic financial market.The…
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President Wi Seong-baek of Korea Deposit Insurance Corp.(KDIC), left, swears with others before the Political Affairs Committee of the National Assembly as the parliamentary audit begins. (Photo: National Assembly of the Republic of Korea)President Wi Seong-baek of KDIC said it was a great honor to …
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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group's Chairman Sohn Tae-seung is making all out efforts to raise prices of the group's shares. He is trying to show his confidence on the future performance of the financial group through multiple stock repurchases while…
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A view of the building in Seoul where Eximbank has offices. (Photo: Eximbank)The Export and Import Bank of Korea will be able to provide loans to domestic firms undertaking economic projects in so called “dangerous countries” thru a special account set up in May this year. The account holds 3.7 tr…
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Chairman Cho Yong-byeong of Shinhan Financial Group. (Photos: SFG)Shinhan Financial Group announced the launch of its InnoTalk platform designed to support reform business firms with information needed for setting up startups and their continued growth.The group said the new platform would help crea…
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Chairman Sohn Tae-seung of Woori Financial Group.Woori Bank, a major South Korean commercial lender, sold a 4 percent stake in its parent Woori Financial Group Inc. to a strategic investor. The bank acquired a 5.8 percent stake in Woori Financial earlier this month in exchange for handing over its s…
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President Kim Tae-oh of Daegu Bank. (Photos: Daegu Bank)DGB Financial Group sped up its localization and digital strategy to enter Cambodia and Myanmar, with the group determined to take up mobile and non-face channels to develop an ecological structure to establish a foothold in the S.E. Asian coun…
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Chairman Cho Yong-byeong of Shihan Financial Group. (Photo: SFG)Shinhan Financial Group became the nation's first financial group to be included in the Dow Jones Sustainability Indices (DJSI) World for the seventh straight year.The country’s largest financial group ranks sixth in the banking indust…
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<신용보증기금이 창원대, KOTRA와 함께 10월 15일 그랜드 머큐어 앰버서더 창원에서 개최한 ‘금융·기술·수출 융합상담회’에서 참가기업들이 맞춤형 1:1 상담을 하고 있다.> 신용보증기금은 창원대, KOTRA와 함께 15일 그랜드 머큐어 앰버서더 창원에서 중소기업 CEO 및 임직원을 대상으로 ‘금융·기술·수…
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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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