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President Lee Kyung-seob of NH Bank.A scene from a ceremony last year to open NH Bank’s New Delhi Branch in New Delhi, India, including Future Strategy Manager Lim Jeong-soo of NH Bank, and Indian Farmers Fertilizer Cooperative Manager Tarun Bhagava cutting the tape.(Photos: NH Bank)
NongHyup Bank…
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President Lee Kyung-seob of NH Bank.
NH Bank launched its NH ISA Balance Accounts, an individual bank account product that leaves its handling to the bank, from May 22, the bank said recently.
The ISA products, which can manage diverse financial products through its accounts, enjoy the benefits of…
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Chairman Park Hyun-joo of Mirae Asset Group.(Photos:Mirae Asset)
Mirae Asset Daewoo Securities made a capital increase of $100 million (113.5 billion won) to its subsidiary in New York to strengthen its overseas operation.
The latest movement was made in just six days after Park Hyeon-joo, chairma…
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Chairman Kim Yong-hwan of NH Financial Group.(Photo:NH Financial)
Chairman Kim Yong-hwan of NH Financial Group said on May 3 that the group may ask for increased down payments on loans from shipbuilders and maritime shipping firms whose financials have gotten poor. NH Financial is also considering …
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Chairman Yoon Jong-kyoo of KB Financial Group.
"We will strengthen the wealth management and corporate investment banking sectors and create synergy among the affiliates of KB Financial Group,” Chairman Yoon Jong-kyoo said in regards to his plan after taking over Hyundai Securities. “We will be a…
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A model holds an ad for Woori Bank’s ISA installment savings account.(Photo:Woori Bank)
Woori Bank started to sell the ISA products, joining forces with a savings bank named, “ISA Deposits and Installment Savings with Savings Bank” for the first time as a nationwide commercial bank in Korea.
On…
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President Kwon Seon-joo of Industrial Bank of Korea.(Photo:IBK)
The Korean version of tax-efficient savings accounts, which benchmarked a U.K. scheme, went on sale March 15. The government hopes it will boost household wealth amid a rise in “floating money” prompted by low interest rates and unce…
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Chairman Hwang Young-key of Korea Financial Investment Association.
Chairman Hwang Young-key of the Korea Financial Investment Association (KOFIA) said private funds have been leading the growth of the fund market, whose value is estimated at 500 trillion won. At the same time, public funds have no…
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Chairman Yoon Jong-kyoo of KB Financial Group.(Photo:KB Financial)
Competition among South Korean banks and brokerages is heating up to sell new individual savings account (ISA) products, with some banks offering cash gifts or preferential interest rates well above the market average to woo more cu…
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The participants in the KODIT Global Forum on SME Finance held on May 12 on the occasion of its 40th anniversary hold hands during the seminar in a photo session at Lotte Hotel in downtown Seoul including Chairman Suh Geun-woo of Kodit, 4th R, in front row. (Photo:KODIT)
Korea Credit Guarantee Fund…
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Officials with HD Hyundai Oilbank test the cooling lubricant of a liquid immersion cooling facility and server. (Photo: HD Hyundai Oilbank)HD Hyundai Oilbank said the company will supply “XTeer E-Cooling Fluid,” a liquid immersion cooling product, …
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President Park Sang-hyung of KEPCO KDN and Gwangju Mayor Kang Ki-jeong participate in a ceremony to strike an MOU on the application of advanced energy ICT solutions at Gwangju City Hall. (Photo: KEPCO KDN)KEPCO KDN is leading the construction of a s…
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Chairman Koo Ja-eun of LS Group. (Photos: LS Group)LS Group’s energy and mobility subsidiaries demonstrated future strategy business capabilities by participating in InterBattery 2025, which took place at COEX in Seoul from March 5 to March 7. …
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President Jeong Chang-jin of KEPCO Nuclear Fuel (KEPCO NF) shakes hands with President Kim bo-hyun of Daewoo E&C as the companies struck an MOU to ramp up their joint nuclear power business development and technology cooperation at Daewoo E&C…
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