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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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A model promotes the Shinhan THE Gentle Pre-payable Life Time Insurance Product whose premiums are 25 percent lower than the conventional products. (Photo:Shinhan Life Insurance Co.)
Shinhan Life Insurance Co. saw the sales of its new third-generation life-time annuity insurance product based on a …
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Dignataries, including Chairman Yim Jong-yong of the Financial Service Commission (FSC), KRX Chairman Choi Kyung-soo, and other financial leaders, participate in a ceremony to mark the 60th anniversary of opening the stock & derivatives market at the KRX building in Yeouido on Jan. 4. (Photos: K…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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