Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group posted 3.156,7 trillion won in net profit in 2018, up 8.2 percent YoY. It is the largest net profit in its history, by affiliates such as Shinhan Bank, Shinhan Capital, and Shinhan Financial Investment, among ot…

Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KBFG)KB Financial Group logged a net profit of 3.068 trillion won last year, down 7.3 percent YoY due largely to boosts in general expenses. On the bright side, the firm still notched more than 3 trillion won for two consecutive years.The financ…

Chairman Kim Sung-tae of Hana Financial Group. (Photo: HFG)Hana Financial Group posted a record profit in 2018 amounting to 2.240 trillion won on consolidated basis, up 10 percent YoY,the largest since 2005 when the group was launched for the first time due mainly to substantial boosts in its major …

Chairman Kim Gwang-soo of NH Financial Group. (Photo: NHFG)NH Financial Group said its net profit in 2018 amounted to 1.218,9 trillion won, the largest in its history, up 41.8 percent YoY. It was the initial year for Chairman Kim Gwang-soo as the top manager of the financial group. NH Financial, lau…

Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Bank recorded one of its best-ever operating profits last year, totaling 2.019 trillion won in net profit in 2018, up 33.5 percent YoY, the bank announced on Feb. 11.The bank said its 2.29 trillion won operating profit for 2006 rema…

President Kim Do-jin of the Industrial Bank of Korea(IBK). (Photo: IBK)The Industrial Bank of Korea said its net profit amounted to 1.764,4 trillion won in 2018, up 17 percent YoY, the largest in its history. The bank said it and its affiliates’ outstanding loans with SMEs came to 151.6 trillion wo…

Chairman Park Hyeon-joo of Mirae Asset Daewoo Group. (Photos: Mirae Asset Daewoo)A bird’s eye view of the TSX Broadway Project for a 46-storey multiplex building including a hotel, offices and shops on the site of a 106 -year old theater in Broadway in New York in which Mirae Asset Daewoo invests $…

President Jeong Young-chae of NH Investment & Securities Co.“NongHyup seeks to expand mostly in Southeast Asia where it can help boost agriculture financing, investment banking, retail banking and microfinance. Our main Southeast Asian base will be Vietnam.”Vietnam’s population is “young” w…

Chairman Lee Dong-geol of Korea Development Bank (KDB). (Photo:KDB)Korea Development Bank (KDB) has taken up an experiment to turn itself into an advance base for the 4th Industrial Revolution. How? It plans to funnel some 14.5 trillion won in loans and investments to business firms related to the n…