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President Wi Sung-baek of Korea Deposit Insurance Corp.(KDIC)The Korea Deposit Insurance Corp. (KDIC) put on auctioned 39 items including, some that were obtained during the restructuring of a number of savings banks in default under its Grand Fair, which took place for four weeks from Oct. 15. The …
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A view from Hana Financial Group’s declaration of its new Digital Vision made on Oct. 30 at the Chungla Data Center in Songdo, Incheon, where the entire CEOs of its affiliates took part led by Chairman Kim Jung-tae. (Photo: HFG)Chairman Kim Jung-tae attended a ceremony for the Declaration of Digita…
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The members of the Future Development Committee of Korea Credit Guarantee Fund(Kodit) applaud at a ceremony to launch the new committee on Oct. 1 at Kodit’s head office in Daegu.The Korea Credit Guarantee Fund (Kodit) held a meeting to discuss its future development plans on Oct. 1 at the Federatio…
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President Ryu Sang-ho of Korea Investment Securities Co.Korea Investment and Securities Co. (KIS) will go ahead with a plan to invest 450 billion won in its subsidiary in Hong Kong to boost its capital by issuing new shares in a bid to upgrade its operation as a global investment concern, the compan…
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신용보증기금(이사장 윤대희)과 롯데케미칼(주)(대표이사 김교현)은 대‧중소기업간 동반성장 문화 확산을 위해 지난 22일 ‘동반성장 협약보증 운용에 관한 업무협약’을 체결했다고 27일 밝혔다. 이번 협약으로 롯데케미칼은 신보에 10억원을 출연하고, 신보는 이를 재원으로 롯데케미칼이 추천하는 협력업체에…
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Chairman Cho Yong-byoung of Shinhan Financial Group (left) shakes hands with Vice Chairman Chung Seo-jin of Asia Trust after signing an agreement allowing Shinhan Financial Group to take over a 60 pct stake in Asia Trust. (Photo: Shinhan Financial Group)Shinhan Financial Group took over Asia Trust a…
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President Lee Jeong-hwan of Korea Housing Finance Corp.Korea Housing Finance Corp. revealed on May 30, 2018, that according to its survey conducted on the use of Bogeumjari Loan products from April 25 to May 24, 2018, around 63% (or 605 applications) of the 957 Bogeumjari Loan applications filed dur…
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Chairman Park Hyeon-joo of Mirae Asset Daewoo Securities Co. (Photo: Mirae Asset Daewoo Securities)Mirae Asset Daewoo said on Nov. 1 that it successfully issued $300 million worth of U.S. dollar-denominated bonds on Oct. 31.This is the first time a local brokerage has issued foreign currency-denomin…
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Chairman-designate Sohn Tae-seung of Woori Financial Group. (Photo: Woori bank)Woori Bank president Sohn Tae-seung has been appointed to lead Woori Financial Group as its chairman, when it is revived early in 2019, five years after its dissolution.Woori Bank held an interim board meeting on Nov. 8 a…
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Chairman Chung Ji-won of the Korea Exchange.The Korea Exchange (KRX) set up the National Welfare Foundation in 2011 to help multinational families as well as remodel the welfare facilities for senior citizens, among its diverse social service activities.The foundation provided 28.4 billion won in sc…
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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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