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A slew of the key officials in the financial authorities and financial industry clap hands during the New Year Gathering held on Jan. 5 at Lotte Hotel in downtown Seoul. Seen among the dignitaries are Deputy Minister Choi Kyung-hwan who is also the Minister of Strategy and Finance, Chairman Yim Jong…
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President Hong Young-man of the Korea Asset Management Corp.(KAMCO).President Hong delivers his speech at the company’s New Year ceremony on Jan. 4 at the company’s head office in Seoul.(Photos:KAMCO).
KAMCO will continue with its own “KAMCO-style” reforms this year, with self-innovation and si…
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Chairman Yoon Jong-kyoo of KB Financial Group. (photo: KB Financial)
Chairman Yoon Jong-kyoo of KB Financial Group aims to boost the earnings ratio of non-banking affiliates to 40 percent of total group earnings. The new strategy comes in the wake of its failed takeover attempt of KDB Daewoo Securi…
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Chairman Han Dong-woo of the Shinhan Financial Group.(Photo:SFG)
Shinhan Finance Group announced plans to expand investments in Fintech companies in the new year. The investments will be done directly through Shinhan Group’s affiliates, such as Shinhan Bank and Shinhan Capital, to support substant…
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Chairman Kim Yong-hwan, left, holds a copy of the MOU signed between NH Financial Group and China Co-Op Group with his Chinese counterpart Yang Fenglu on Jan. 7 at the Chinese company’s office in Beijing, China.(Photo:NH Financial).
Chairman Kim Yong-hwan of NH Financial Group said this will be th…
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Chairman Kim Jung-tai of Hana Financial Group who won the Dasan Grand Gold Award for his role in the merger of Korea Exchange Bank with Hana Bank to set up KEB Hana Bank which launched its operation on Sept. 1, last year.(Photo:HFG)
Chairman Kim Jung-tai of Hana Financial Group said KEB Hana …
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President Lee Kwang-goo of Woori Bank inspects the operation of Weebee Bank, an online bank that the bank put into operation, for its online banking customers last year for the first time in the financial industry.(Photo:Woori Bank)
President Lee Kwang-goo of Woori Bank plans to boost the market va…
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Chairman Hong Ky-ttack of KDB Financial Group. (Photo:KDB)
The Korea Development Bank (KDB) said on Nov. 30 that it finalized a syndication loan of 2.1 trillion won for S-Oil’s 5 trillion-won project to build high-grade multiple chemical production facilities at its Ulsan Industrial Complex in Uls…
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President Kwon Seon-joo of the Industrial Bank of Korea.
President Kwon Seon-joo of the Industrial Bank of Korea (IBK) said in her New Year’s statement issued on Jan. 4 that the bank will do its best to strenuously safeguard its leading position in the SME financial market in Korea.
She sa…
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Chairman Lee Duk-hoon of the Export-Import Bank of Korea.(Photo:Exim Bank)
Chairman Lee Duk-hoon of the Export-Import Bank of Korea (Korea Exim Bank), said in his New Year statement that the bank has set resurgence as the top goal this year.
First, the bank will provide support to businesses to cr…
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LS Cable & System President & CEO Koo Bon-kyu delivers a commemorative speech at a groundbreaking ceremony for the largest submarine cable manufacturing plant in Chesapeake, Virginia. LS Cable & System has become the first Korean com…
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President Huh Se-hong of GS Caltex. (Photos: GS Caltex)GS Caltex’s tedious efforts have paid off through private-public sector cooperation: persuading the International Maritime Organization (IMO) to allow general refueling ships to carry “B30 bio …
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President Kwon Myung-ho of Korea East-West Power (EWP). (Photos: EWP)Korea East-West Power Co. (EWP) revealed AI technologies for use in the energy sector at the 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. Th…
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President Kim Dong-cheol of Korea Electric Power Corp. inspects major facilities of the Shinuijeongbu Substation to expand the power grid and looks into countermeasures against abnormal climate phenomena, such as a spell of severe heat and downpours …
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