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Economy/Finance
President-designate Hur Yin of Kookmin Bank. Hur Yin, president-designate of KB Kookmin Bank, said customers will be at the center of the bank¡¯s operation when he takes over the top management of the bank.  Shareholders are slated to approve his nomination at a meeting on Oct. 16. During a ¡¦
President Lee Kwang-goo of Woori Bank.(Photos: Woori Bank)Woori Bank clinched the right to be the main bank for the National Pension Service (NPS) with 600 billion won in funds for the next five years with the pension service announcing the bank will be the priority bidder at the end of the biddin¡¦
President Kim Kyu-ok of the Korea Technology Credit Guarantee Fund(kibo).(Photo: Kibo) The Financial Services Commission (FSC) has officially taken up the matters related to turning Korea Technology Credit Guarantee Fund (Kibo) into a corporation, with the fund now reassigned to the Ministry of SME¡¦
Chairman Shin Chang-jae of Kyobo Life Insurance Co.(Photo: Kyobo Life Insurance) Kyobo Life Insurance Co. led the life insurance industry in Korea for the past 60 years after wisely overcoming a number of crises, including the foreign exchange and global financial crises. At the center of its strat¡¦
President-designate Lee Dong-bin of Suhyup Bank. (Photo: NFFC) Lee Dong-bin, former vice president of Woori Bank, has been nominated as the new president of the Suhyup Bank. The Bank President Recommendation Committee of Suhyup Bank announced on Oct. 18 that the committee nominated the former vice¡¦
President Moon Jae-do of the Korea Trade Insurance Corp. The Korea Trade Insurance Corp. (K-sure) has recently recovered $3.7 million worth of non-performing loans from Nigeria. The recovered money is part of export bonds worth $12.8 million a Korean trade company did not receive from a Nigerian ba¡¦
IBK Head Office building. (Photo: IBK)The Industrial Bank of Korea is out to support its SME clients go through restructuring with diverse financial means. Its slogan, ¡°Finance right and we can succeed together,¡± was set up following its Companion Finance declaration at a recent ceremony.At the mo¡¦
Chairman Hwang Young-key of the Korea Financial Investment Association(KOFIA).(Photo: Kofia) Chairman Hwang Young-key of the Korea Financial Investment Association (Kofia) said the association has requested to the National Assembly that it should take actions to expand the lending limits placed on ¡¦
Chairman Cho Yong-byeong of Shinhan Financial Group.(Photo:SFG) Chairman Cho Yong-byeong of Shinhan Financial Group called for reforms over and beyond those performed in the financial industry to achieve its target of being a leading financial group in Asia in 2020 and also its position as the top ¡¦
Chairman Yoon Jong-kyoo of KB Financial Group reelected for another term. (Photo: KB Financial Group) Chairman Yoon Jong-kyoo of KB Financial Group is certain to serve another term with the Expanded Managerial Structure Committee of the group ready to recommend him as the next chairman on Sept. 26.¡¦
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Policy/Politics
New Chmn. Lee Yong-sok of Korean Register (KR). (Photos: KR)Korean Register (KR) announced on Feb. 23 that it participated as the lead organization in a national project named ¡°Development of Technology for Integrated Management of Greenhouse Gas Em¡¦
A shuttle bus with Incheon International Airport is being charged at the newly opened Incheon Airport Hydrogen Transportation Multi-purpose Center.Incheon International Airport Corp. (IIAC) announced a plan on Feb. 6 to accelerate eco-friendly hydrog¡¦
New President Lee Heon-wook delivers his inaugural speech as he took office as the 17th president of Korea Real Estate Board (REB) on Feb. 25. (Photo: REB)Lee Heon-wook, former president of Gyeonggi Housing & Urban Development Corp. (GH) took off¡¦
Minister Cho Tae-yeol of the Ministry of Foreign Affairs (MOFA), Minister Oh Young-joo of the Ministry of SMEs and Startups (MSS) poses with about 200 SME representatives, including KBIZ Chmn. Kim Ki-mun as they had a meeting to ramp up communication¡¦


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