| Economy/Finance |
 |
|
 |
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.¡¦
|
 |
(from left) KEB Hana Bank President Ham Young-joo, Hana Financial Group Chairman Kim Jung-tai, President Min Ung-jun of Finnq Co., and SK Telecom President Park Jung-ho participate in a ceremony to release the financial application Finnq at the KEB Hana Bank headquarters in Myeongdong, downtown Seou¡¦
|
 |
President Eun Seong-soo of the Export and Import Bank of Korea. (Photos: Eximbank)
President Eun Seong-soo of the Korea Export and Import Bank (Eximbank) said he will try to find export-type new industries in the 4th Industrial Revolution and engage in market-friendly restructuring on the existing ¡¦
|
 |
A view of the Eximbank building in Seoul.(Photo: Eximbank)
The Export and Import Bank of Korea (Eximbank) said Aug. 25 that it signed a facility agreement (FA) with the central bank of Iran to facilitate the provision of 8 billion Euro (10.6 trillion won) in loans to Korean firms operating in Iran.¡¦
|
 |
Shinhan Financial Investment, the control tower for Shinhan Financial Group¡¯s investment banking sector, is in the middle of taking a stake in Nova Land Group, a real estate development company in Vietnam, jointly with Intarcia Therapeutics, a U.S. bio-technology company. The price tag is set at ¡¦
|
 |
Woori Bank is slated to issue the Webee Coin based on blockchain technology at the end of the year in a move to secure a dominant share of the digital currency market.
The bank¡¯s plan has been drawing the keen attention of the financial industry, as it would be the first move by a bank to ¡¦
|
|
|
|
 |
Prime Minister Kim Min-seok, MSIT Vice Minister Koo Hyuk-chae, Chairman Kwon Oh-nam of the Korean Federation of Science and Technology Societies (KOFST), and ICT Chmn. Noh Joon-hyung as well as prize winners attend a ceremony to celebrate the 2026 an¡¦
|
 |
Chmn. Moon Dong-min of Korean Standards Association, Senior Executive Vice Presdient Moon Jong-seung of Samsung Electronics¡¯ Digital Appliances (DA) Division, and CEO Per Ove ¨ªyberg of Nemko Group attend a ceremony in which Samsung Electronics¡¯ Ho¡¦
|
 |
President Kwon Seok-yoon of the Korea Research Institute of Bioscience and Biotechnology (KRIBB) poses with related KRIBB researchers during a briefing session on the launch of ¡°mission-oriented visionary projects¡± (MVPs) at KRIBB head office in Yu¡¦
|
 |
People Power Party (PPP) candidate Lee Cheol-woo, seeking reelection for his 3rd term as Gyeongsangbuk-do governor, exchanges greetings at the 2026 Gyeongsangbuk-do Children¡¯s Festival, at the Gyeongbuk Millennium Forest Garden on May 5. (Photo: PPP¡¦
|
|
|