President Lee Won-tae of Suhyub Bank delivers his speech at a ceremony to celebrate the bank’s separation from NFFC to become an independent bank as of Jan. 1, 2017.(Photo: Suhyub Bank) Suhyup Bank will be a fully competitive medium-scale bank in Korea boasting total assets of 35 trillion won by 2…

CEO Nam Young-woo of Korea Investment Savings Bank. (Photos: KISB) Korea Investment Savings Bank (KISB) is a 100 percent subsidiary of Korea Investment and Securities Co. and has been providing financial support to SMEs and the general public, true to the mission given to the company when it was fi…

A scene from the official signing of a contract to sell KDIC’s 29.7 percent stake in Woori Bank in a bidding on Dec. 1, 2016 to seven successful bidders including Hanwha Life Insurance, Korea Investment & Securities, Mirae Asset Global Investments and Chinese-owned Tongyang Life Insurance Co., …

President Moon Chang-yong of Korea Asset Management Corp.(KAMCO). (Photo: KAMCO) Korea Asset Management Corp. (KAMCO) has fulfilled its role by providing a safety net by effectively disposing NPLs from financial institutions, corporations, households and the government. During the Asian Financial …

President Choi Hee-moon of Meritz Securities Co. Meritz Securities Co. captured the 2016 Dasan Financial Award in the Securities Sector after being given credit for its rapid ascent in becoming an investment bank by taking over I’M Investment and Securities in September, 2014, and issuing new shar…

President Cho Jae-min of KB Asset Management Co.(Photo: KB Asset Management) KB Asset Management won the 2016 Dasan Financial Award in the Asset Management Sector at a Jan. 3 New Year’s gathering for the financial community at Lotte Hotel in downtown Seoul. The asset management company clinched t…

President Ryu Sang-ho of Korea Investment Securities Co.(KIS) Korea Investment and Securities (KIS) has lately solidified the operation of its investment banking, sales and trading to diversify the basic business winds as a securities firm and set out to strengthen the base of its quest to become a…

Dignitaries, G Deputy Prime Minister and Minister of Strategy and Planning Yoo Il-ho, Chairman Yim Jong-yong of the Financial Services Commission (FSC), and Gov. Zhin Woong-seob of the Financial Supervisory Service (FSS), attend the 2017 New Year Meeting for chiefs of Financial Associations on Jan. …

KDIC Chairman Gwak Bum-gook, L, poses with President Sorasit Soontornkes of Thailand’s Deposit Protection Agency after signing an MOU on cooperation and exchanges between the two deposit protection agencies on Oct. 6 at the KDIC building in Seoul.(Photo: KDIC) President Gwak Bum-gook of the KDIC m…