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Chairman Choi Jong-gu of Financial Services Commission(FSC) (Photo: FSC)The Financial Services Commission (FSC) will go ahead with its plan to allow the establishment of the nation’s 3rd and 4th Internet banks in the spring of next year, financial sources said recently.The financial authority will …
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President Ryu Sang-ho of Korea Investment Securities Co.President Ryu Sang-ho of Korea Investment and Securities Co. (KIS) has a reputation for being the longest serving CEO of a securities firm. He was reappointed 11 consecutive times while piloting KIS in logging a 1 trillion won annual operating …
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President Ham Young-ju of KEB Hana Bank.KEB Hana Bank has joined the one of government’s core policies to create jobs through “productive finance” and “income-led” economic growth. Its plan established in March calls for providing 15 trillion won in loans by 2020.The loans will go to four major…
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President Lee Tae-hoon of NH Bank.NH Bank provided a free consultation to Mr. A on how to turn his private business into a corporation to avoid high taxes levied on the earnings of private businesses.Thanks to the consultation, he successfully completed the legal work to turn his private business in…
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A group of dignitaries clap hands at the opening of the IBK’s Changkong branch in Guro-dong, Seoul,Oct. 1, led by Chairman Choi Jong-gu of Financial Services Commission, 3rd L, Rep. Min Byung-doo , chairman of the National Assembly Political Committee, 3rd R, and President Kim Do-jin of the Industr…
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Chairman Shin Chang-jae.Kyobo Life Insurance has moved to reform its operation centered on financial planners. It aims at strengthening its overall marketing operation with CEO Shin Chang-jae directly getting reports from assistant managers operating at jobsites across the country.The biggest change…
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Chairman Kim Yong-duk of the Korea Non-Life Insurance Association. (Photo: KNIA)South Korea is the world’s seventh largest insurance market, worth an estimated $14 billion in non-life and $34 billion for life insurance, second only to China in Asia. If the FTA with is ratified, domestic insure…
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Chairman Park Hyeon-joo of Mirae Asset Daewoo Group. (Photo: Mirae Asset Daewoo Group)Domestic securities firms generated much more profits from their overseas operations in the first half of this year than when they first started two years ago. Overseas sales amounted to $66 million, up 17 times co…
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Chairman Kwon Yong-won of the Korea Financial Investment Association(KOFIA)Korea Financial Investment Association (Kofia) will make sure that stock transactions using company funds to purchase shares and dividends for individuals are more clearly defined. Kofia will take action from the first quarte…
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President Wi Sung-ho of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank won the 2018 Fintech Grand Award in the Service Sector for providing tailor-made financial services by combining six apps, including Shinhan S Bank and Sunny Bank under its Shinhan Bank SOL platform, which already attracted 6.5…
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Deputy Prime Minister-Minister Bae Kyung-hoon of the Ministry of Science and ICT (MSIT), Vice Minister Lee Ho-hyun of the Ministry of Climate, Energy and Environment (MCEE), Chmn. Choi Won-ho of the Nuclear Safety and Security Commission (NSSC), Chmn…
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President Lee Jae-myung poses with heads of state and organizations at a meeting of the annual Group of 20 (G20) leaders’ summit in South Africa on Nov. 22. (Photos on the courtesy of the Presidential Office)President Lee Jae-myung returned home fro…
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President Lee Hag-jae of Incheon International Airport Corp. (IIAC) poses with President Omar N. Al-Midani of Vision Invest after they struck a contract on the operational service of Tashkent Airport in Uzbekistan on Oct. 14. (Photos: IIAC)Incheon In…
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President Kim Dae-ja of the Korea Agency for Technology and Standards (KATS), Chmn. Moon Dong-min of the Korean Standards Association and prize winners pose at the 51st National Quality Management Convention at COEX in Seoul on Nov. 19. (Photo: MOTIR…
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