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Chairman Yim Jong-yong of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group said on Oct. 26 the financial group posted 2,438.3 billion won in net profit in the Jan.-Sept. period. The financial group saw Q3 net profit come to 899.4 billion won, a 43.9 percent jump over t…
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NongHyup Financial Group Chairman Lee Seok-jun and KHNP President Hwang Joo-ho pose for a photo after signing a business agreement to build a carbon-neutral economy on Dec. 7. (Photo: KHNP)NongHyup Financial Group signed a business agreement on realizing CF100-based carbon neutrality with Korea Hydr…
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Shinhan Bank announces on Dec. 4 that it will implement a face authentication-based ATM withdrawal service utilizing customer facial recognition as biometric information for the first time in the financial sector. (Photo: Shinhan Bank)Shinhan Bank announced on Dec. 4 that it will implement a face au…
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President Lee Jae-keun of KB Kookmin Bank. (Photos: KB Kookmin Bank)KB Kookmin Bank announced that it will conduct a pilot to digitize financial services using Augmented Reality (AR) technology.AR superimposes virtual information, such as images and texts, on real objects that users see with their e…
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Attendees of “Global Financing Experience Program” pose for a photo at “Hana Play Park,” Hana Bank’s brand experience space.Hana Bank conducted “Global Financing Experience Program” targeting about 110 youth from 34 countries on Nov. 29.The program was part of “2023 Foreign Youth Korean Lang…
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President Lee Suk-yong of NongHyup Bank. (Photos: NongHyup Bank)NongHyup Bank announced on Dec. 11 that it has completely changed NH All One Bank, the bank’s main smartphone application. The application enables customers to check their asset and consumption status at all financial institutions…
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Chairman Kim Nam-goo of Korea Investment Holdings. (Photos: Korea Investment & Securities)Korea Investment Holdings (KIH) held each subsidiary’s board of directors’ meeting and carried out a reshuffle of executives, including Senior Executive Vice President Kim Sung-hwan of Korea Investment &a…
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Shinhan Life relesed “Shinhan Beautiful Pension Insurance,” a shared growth financial product for the stable future of youth.Shinhan Life said on Nov. 21 the life insurance company launched “Shinhan Beautiful Pension Insurance,” a shared growth financial product for the stable future of youth.&n…
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Chairman Kim Chul-ju of the Korea Life Insurance Association (KLIA) delivers his inauguration speech as he took office as the 36th chairman of the association at KLIA headquarters in Jung-gu, Seoul, on Dec. 11.Chairman Kim Chul-ju of the Korea Life Insurance Association (KLIA), who recently began hi…
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Lee Byung-rae, chairman-nominee of the General Insurance Association of Korea. (Photos: GIAK)Lee Byung-rae, a bureaucrat-turned vice chairman of the Korean Institute of Certified Public Accountants (KICPA), was named chairman of the General Insurance Association of Korea. GIAK said on Dec. 5 th…
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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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