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President Kim Do-jin delivers his congratulatory speech at a ceremony on Aug. 1 celebrating the 57th anniversary of the Industrial Bank of Korea(IBK) held at the bank’s head office in Eulziro, downtown Seoul. (Photos: IBK)The Industrial Bank of Korea will work so hard that its funds will flow into …
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Chairman Kim Jung-tae of Hana Financial Group. (Photo:HFG)The Hana Financial Group logged the largest first-half net profit since setting up as a holding company at 1.303,8 trillion won, the group announced on July 20. The figures are up 26.5 percent YoY, the largest since the group came out with a …
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President Lee Dae-hoon visits a branch to encourage the staff and listen to any problems they might have. (Photo: NH Bank)President Lee Dae-hoon of NH Bank said he is sure the bank has a sound lead in digital banking facilities over other banks, and that fact is recognized in the banking sector.He s…
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President Sohn Tae-seung of Woori Bank holds the flag for calling for building first-class integrated financial group the 2nd half of the year at a recent meeting designed to unite the entire bank for the purpose. (Photo: Woori Bank)Woori Bank said its first-half net profit came to 1.305,9 trillion …
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A view of the Kyobo Life Building in Gwanghwamun, Seoul, where Kyobo Life Insurance Co. and its affiliates keep offices.An ad for the Varied Insurance Money Product which Kyobo Life Insurance put on the market on its 60th anniversary on Aug. 7.Chairman Shin Chang-jae of Kyobo Life Insurance Co. (Pho…
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President Lim Young-jin of Shinhan Card .(Photos:Shinhan Card)Shinhan Card introduced new credit card products to suit the changing lifestyle of people in Korea. The new cards were created after using the Big Data Center. One of the new card products is called “Shinhan Card Deep Store,” which allo…
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President Chung Young-chae of NH Investment & Securities Co.NH Investment and Securities Co. (NHIS) has been designated to take charge of managing the 20 trillion won fund, part of the 42 trillion won Urban Residential Fund. The Ministry of Land, Infrastructure and Transport (MOLIT) designated t…
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Samsung Life Insurance Co. posted a first half net profit of 1.445,9 trillion won, up 52.7 percent year-on-year, due mainly to the sale of its stake in Samsung Electronics amounting to 751.5 billion won, the company said on Aug. 10.The company’s combined financial statement for H1 showed that its f…
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Gov. Yoon Suk-heun of the Financial Supervisory Service(FSS). (Photo: FSS)Gov. Yoon Suk-heun of the Financial Supervisory Service (FSS) cautioned that financial firms should never turn over risks to customers while commenting on Samsung Life Insurance Co. and others paying minimum amounts of the ret…
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Korea Investment & Securities Co. (KIS) emerged as the top company in the area of return on equity in the securities industry in the first half. KIS recorded a ratio of 13.2 percent on operating profit of 378.2 billion won and net profit of 287.3 billion won, doing its job fully both at home and…
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KR Chairman Lee Young-seok poses with participants at the 2026 Southeast Asia Committee (KRSAC) meeting in Singapore on July 30. (Photo: KR)Korean Register (KR) successfully hosted two key events in Singapore from July 29 to 30: the 2026 Technical Se…
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Busan Mayor Jun Jae-soo. (Photos: Busan Metropolitan City Government)Busan Mayor Jun Jae-soo revealed his roadmap to remake Busan into a “maritime capital of the nation” to spearhead an era of “New Arctic Shipping Routes”, a huge opportunity for …
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President Lee Jae-myung toasts with Samsung Electronics Chmn. Lee Jay-yong, Hyundai Motor Group Chmn. Chung Eui-sun, SK Group Chmn. Chey Tae-won, Chmn. Lee Hae-jin of Naver’s Borad of Directors, Deputy Prime Minister and Minister of Science and ICT …
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President of Song Sang-keun of the Busan Port Authority (BPA). (Photos: BPA)The Busan Port Authority (BPA) participated in 2026 IAPH-KMI Forum in Tokyo on July 27 and presented its strategies to make Busan Port a digitalized smart port. The foru…
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