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Chairman Yoon Jong-kyoo of KB Financial Group.(Photo:KBFG)
KB Financial Group finalized the takeover of LIG Non-life Insurance Co. on June 28, which makes it the largest financial group in Korea with total assets coming to 428 trillion won. In addition, the group will take over KDB Daewoo Securitie…
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President Cho Yong-byeong of Shinhan Bank.
Shinhan Bank President Cho Yong-byeong took over from former President Suh Jin-won barely three months ago, as the latter resigned from the top position in the bank due to sudden illness.
Cho has been praised for his management of the bank from both those…
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President Lee Kwang-goo of Woori Bank.
Woori Bank successfully issued tier-one KOKO Bonds worth $500 million, satisfactory with the Basel III Standards, in international financial markets on June 4, the bank announced recently.
The KOKO Bonds are to be turned into stakes in case the issuing bank g…
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Chairman Hong Ky-ttack of the KDB Financial Group.(Photo:KDB Financial Group)
Korea Development Bank (KDB) is doing its best to do business as usual to overcome the MERS outbreak. It will provide 100 billion won in emergency loans to SMEs and will consider extending the repayment period of some lea…
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Chairman Kwon Seon-joo of the Industrial Bank of Korea(IBK) joins the two top executives of the Hong Kong Shanghai Banking Corp.(HSBC) for a photo session after signing an MOU on Fintech business cooperation with the British bank in London on June 16.(Photo:IBK)
The Industrial Bank of Korea (IBK) s…
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President Kim Duk-soo of Kookmin Card.A model displays the “Smart Offering Service.” a recently introduced financial service that can be operated with smartphones including fund transfer and checking deposits, among others.(Photos:Kookmin Card)
KB Card introduced a credit card service that automa…
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An ad for smartphone banking service, KB Star Banking, with the number of its customers exceeding over 10 million as of April 30.(Photos:Kookmin Bank)
kB Kookmin Bank is proud that the number of users of its smartphone banking service, KB Star Banking, exceeded 1 million as of the end of April.
Th…
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President Kim Ju-ha of NH Bank.(Photo:NH Bank)
NH Bank’s best Fintech products can be described as “Deposits and Installment Savings That Achieve Dreams,” whose holders are entitled to better interest rates based on the number of comments, recommendations, and achieving certain targets as descri…
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Chairman Kim Jung-tae of Hana Financial Group.(Photo:HFG)
Korean financial groups such as Hana and Shinhan Financial have been doing well overseas recently, with combined net profit in the first quarter coming to 134 billion won, up 23.6 billion won from the preceding quarter and up 21 billion won …
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President Jeong Hae-boong of Hana Card.(Photo:Hana Card.)
Hana Card, which started a new chapter in its history when merged with KEB Card and Hana SK Card last year, has a long-term plan to boost its operation now that its cardholder numbers have exploded to 5.2 million.
Led by Chairman Kim …
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Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed…
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Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of “love” from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat…
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A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli…
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Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I…
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