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Economy/Finance
President Kim Do-jin of Industrial Bank of Korea.(Photo: IBK) The Industrial Bank of Korea (IBK) logged consolidated net profit of 1.164,6 trillion won in 2016, up 1.6 percent YoY, which includes those of IBK Capital and IBK Investment and Securities.  IBK posted its own net profit of 1.267 t¡¦
KB Card CEO Yoon Woong-won. KB Kookmin Card Co. introduced a blockchain-based personal authentication system for its bank service users from November last year, becoming the first Korean financial institution to adopt such a simplified, but more secure mobile payment verification system in Korea. ¡¦
President Kim Won-kyu of NH Investment and Securities Co,(Photos:NHIS) NH Investment and Securities Co. has decided to push the Mirae Asset Rogers Commodity Index Fund, which is focused on investments in industrial raw materials, including energy, minerals and farm produce. Experts are now counting¡¦
Chairman Hwang Young-key of the Korea Financial Investment Association. Chairman Hwang Young-key of the Korea Financial Investment Association (KOFIA) said there are some financial regulations that the securities firms find very restrictive for their operations, and thus, need to be reformed. On t¡¦
President Chun Byong-jo of KB Securities. KB Securities Co. will strengthen its PEF operation in the new year by setting up a fund and establishing a team to take charge of its operation. According to IB sources, the securities firm may consider setting up a PEF as large as as 300 billion won to b¡¦
President Kang Dae-sok of Shinhan Investment and Securities. (Photo: Shinhan I&S) Shinhan Investment and Securities Co. won the 2017 Maekyung Gold Securities Award for having the largest number of products in the mid-level earnings range and for its outstanding performance ratings for empl¡¦
Chairman Shin Chang-jae of Kyobo Life Insurance Co. (Photos: Kyobo Life Insurance) Korea's No. 3 life insurer, Kyobo Life Insurance, is participating in early bidding for ING Life Korea. According to a Kyobo official, the company submitted a letter of investment intent to Morgan Stanley, which is ¡¦
President Ryu Sang-ho of Korea Investment and Securities Co. The securities firm pays $170 million for the building joining the rush by the Korean brokerage firms to invest in real estate and infrastructure abroad to make up for slowdown in equity market at home Korea Investment & Securities C¡¦
President Cho Yong-byung of Shinhan Bank poses with Chairman Yim Jong-yong of the Financial Services Commission after receiving the 2016 Dasan Financial Award in the banking sector. (Photo: Shinhan Bank) President Cho Yong-byung of Shinhan Bank has been nominated to succeed the retiring Chairman Ha¡¦
Chairman Yoon Jong-kyoo of KB Financial Group & KB Kookmin Bank President, the winner of the 2016 Dasan Financial Award in the Global Digital Finance Sector. Chairman Yoon Jong-kyoo of KB Financial Group captured the 2016 Dasan Financial Award in the Global Digital Finance Sector at a New Year¡¦
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Policy/Politics
K-water President Yun Seog-dae poses with ambassadors from the five countries of the Mekong River during their meeting designed to discuss ways of promoting cooperation in sustainable water management at Samcheonggak, Seoul, on Sept. 26. (Photo: K-wa¡¦
Chairman & CEO Kim Tae-hyun of the National Pension Service delivers a commemorative speech at a ceremony to mark the 38th anniversary at NPS headquarters in Jeonju City on Sept. 18.The National Pension Service (NPS) held a ceremony to mark its 3¡¦
Minister Jeong Eun-kyeong of the Ministry of Health and Welfare poses with major participants of the 15th Asia Pacific Economic Cooperation (APEC) High-Level Meeting on Health and the Economy (HLMHE) that took place from Sept. 15 to 16 at The Shilla ¡¦
President Hong Jin-bae of the Institute of Information & Communications Technology Planning & Evaluation and Rashid Bashir, Dean of Grainger College of Engineering at University of Illinois at Urbana-Champaign in the United States participate¡¦


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