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Chairman Choi Won-mok of Korea Credit Guarantee Fund (KODIT). (Photo: KODIT)Korea Credit Guarantee Fund (KODIT) announced that it plans to issue a total of 140 billion won worth of green asset-backed securities (G-ABSs) in the first half of this year to support green financing for small and medium-s…
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Yoo Jae-hoon, president of KDIC poses for a photo with Jeon Jin-kyu, president of the KSA and Kim So-young, vice chairman of the Financial Services Commission at the 2025 KDIC Asia-Pacific Forum: Building a Resilient Financial Future on March 21. (Photo: KDIC)Korea Deposit Insurance Corporation (KDI…
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Export-Import Bank of Korea President Yoon Hee-sung (third from left) visits a construction site of a Hyundai-SK On joint venture in Georgia of the U.S., on March 27 to take a tour of the site and pledges US$1.5 billion in financial support. (Photo: Korea Eximbank)The Export-Import Bank of Korea (Ko…
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Chairman Kang Seog-hoon of Korea Development Bank (KDB).On April 7, Korea Development Bank completed advisory and financial support for a cross-border M&A deal in which KOSDAQ-listed Nau IB Capital acquired 100 percent of the shares of Sun Fluoro System (SFSJ) in Japan. SFSJ was founded in …
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Kim Sung-tae, president of IBK poses for a photo with Park Jong-gil, chairman of the Korea Workers’ Compensation and Welfare Service after signing a business agreement at the IBK headquarters in Seoul on April 4. (Photo: IBK)IBK announced on April 8 that it has launched the AI Voice Phishing Detect…
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Yang Jong-hee, chairman of KB Financial Group, speaks at the annual general meeting of KB Financial Group at the headquarters of KB Kookmin Bank in Seoul, March 26. (Photo: KB Financial Group)KB Financial Group will continue to do everything it can to elevate its total shareholder return rate, inclu…
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IBK signs a business agreement with Germany's Commerzbank AG to support small and medium-sized enterprises. Kim Sung-tae, president of IBK poses for a photo with Michael Kotzbauer, vice chairman of Commerzbank AG. (Photo: IBK)IBK announced on March 7 that it launched IBK Value Growth Loan to support…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group surpassed annual net profit of 5 trillion won in 2024, as its non-banking affiliates led the way in improving performance amid KB Kookmin Bank’s stagnant business.KB Financial Group announced its annual net…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a net profit of 4,571.5 billion won in 2024, an increase of 3.4 percent from the previous year. Shinhan Bank, in particular, is expected to become the number one bank with the largest…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on Feb. 4 that its consolidated net profit stood at 3,738.8 billion won in 2024, up 9.3 percent from the previous year. In the fourth quarter of 2024 alone, the financial group earned a n…
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President Ha Dong-geun of Korea District Heating Corp. (Photos: KDHC)Korea District Heating Corporation (KDHC) announced on May 28 that it was selected as an “excellent” enterprise for enhancing corporate value in 2026 by the Korea Exchange (KRX) a…
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Chairman Kim Sung-jin of Korea Power Exchange (KPX) delivers his inaugural speech as he took office at an inauguration ceremony at KPX headquarters in Naju, Jeollanam-do, on May 6.As Chairman Kim Sung-jin of Korea Power Exchange (KPX) took office, he…
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Dignitaries, including Vice Minister Moon Shin-hak of the Ministry of Trade, Industry and Resources, KOSA Chairman Jang In-hwa, POSCO President Lee Hee-geun, President Lee Bo-ryong of Hyundai Steel, President Choi Sam-young of Dongkuk Steel, Chmn. Kw…
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Chairman Cho Hyun-joon of Hyosung Group. (Photos: Hyosung Group)Hyosung Heavy Industries is accelerating efforts to ramp up its presence in Japan after landing a series of energy storage system (ESS) projects since its inaugural market entry. Hy…
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