| 
		
		| 
			
			| Economy/Finance |  |  |  
		| 
			
			|  | Managing Director Christine Lagarde of the International Monetary Fund.
The International Monetary Fund (IMF) warned that Korea is faced with a number of large problems on its path to securing long-term growth, including old age, excess dependence on exports, excessive household debts and a twisted¡¦	
			 |  |  
		
		|  | 
			Chairman Yim Jong-yong of Financial Service Commission(FSC) delivers his speech at the Breakfast Gathering of CEOs held on June 16 at the Korea Chamber of Commerce and Industry(KCCI) in Seoul.
A key matter in corporate restructuring is how interested parties take their share of losses.
Chairm¡¦			 |  
		
		|  | 
			Chairman Han Dong-woo of Shinhan Financial Group. (Photos: Shinhan Financial Group)
Shinhan Financial Group said recently that it is strengthening its digital business department to take care of the escalating demand for ¡°smart¡± financial services.
Earlier this year, the financial group launched¡¦			 |  
		
		|  | 
			Chairman Yoon Jong-kyoo of KB Financial Group joins the top officials of both Hyundai Securities and KB Investment and Securities at a gathering to celebrate the merger of the two securities firms on June 1.(Photos: KB Financial)
Hyundai Securities will be a fully owned affiliate of KB Financial Gr¡¦			 |  
		
		|  | 
			Top executives of the NH Financial Group led by Chairman Kim Yong-hwan and President Lee Kyung-seob of NH Bank raise their arms in celebration of the introduction of ¡°All One Bank¡± platform in a launching ceremony of the mobile banking service system on Aug. 10 at NH Bank.(Photo: NH Bank)
NH Fina¡¦			 |  
		
		|  | 
			Chairman Choi Kyung-soo of the Korea Exchange (KRX).
Korea¡¯s stock markets will be open for 30 more minutes starting this month, the bourse operator said July 31, in a bid to add more vitality to the securities industry.
Starting Aug. 1, the markets for stocks and gold will close at 3:30 p.m., 30¡¦			 |  
		
		|  | 
			Chairman Park Hyun-joo of Mirae Asset Group.(Photo: Mirae Asset)
The Fintech, the latest fad in the financial industry, has been sweeping the insurance industry as well. The Mirae Asset Life Insurance Co. introduced diverse services connected with the Fintech application in an effort to catch consu¡¦			 |  
		
		|  | 
			Shinhan Card President Wi Sung-ho. (Photos: Shinhan Card)
President Wi Sung-ho of Shinhan Card has been named to serve another term as head of the credit card firm. The Shinhan Financial Group¡¯s Affiliate Management Committee approved the extension of the Shinhan Card CEO Wi¡¯s term on Aug. 18 as ¡¦			 |  
		
		|  | 
			Chairman Kim Jung-tae of Hana Financial Group.
Hana Financial Group set sail to set up a new credit analysis system in cooperation with the Fintech Co. focusing on such important factors as consumption patterns, financial conditions and content on Social Network Services (SNS), all of which are fre¡¦			 |  
		
		|  | 
			Chairman Yim Jong-yong of Financial Services Commission(FSC).(Photo: FSC)
The Financial Services Commission (FSC) has been working to ease the laws on the capital market and financial investors. The moves are an attempt to diversify access funding for SMEs and venture businesses. 
The FSC sai¡¦			 |  | 
		
		|  |  
		| 
			
			|  |  
			| 
				Oh Se-chul, president and CEO of Samsung C&T, shakes hands with Mavi Zingoni, CEO of GE Vernova¡¯s Power business, at a ceremony to strike a strategic alliance framework agreement in Stockholm, Sweden, on Oct. 6. (Photos: Samsung C&T)Samsung ¡¦			 |  
			
			|  |  
			| 
				President Song Chi-young of POSCO E&C visits the site of an industrial disaster and holds a fourth on-site companywide management meeting on Oct. 23. (Photo: POSCO E&C)POSCO E&C announced on Oct. 26 that it held four On-Site Company-Wide ¡¦			 |  
			
			|  |  
			| 
				¡°Global Construction Partnership Forum¡± took place on the sideline of the Global Infrastructure Cooperation Conference 2025 at Westin Seoul Parnas Hotel in Samseong-dong, Seoul, on Sept. 17. Participants, including Vice Minister of Land, Infrastruc¡¦			 |  
			
			|  |  
			| 
				Minister Kim Yoon-duk of the Ministry of Land, Infrastructure and Transport (MOLIT) delivers a speech at a ceremony to celebrate the 2025 anniversary of Construction Day at the Construction.Chmn. Han Seung-goo of the Federation of Construction Associ¡¦			 |  |  |