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Woori Bank is one of the Korean banks that entered China for business when Korea and China reopened diplomatic ties in 1992. With its wholly-owned subsidiary as the base of its operation, the bank has been rapidly expanding its banking network in China since then.
In 1995, the bank opened a branch …
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Chairman Lim Young-rok of KB Financial Group said it’s the message of hope that will lighten up the financial group on the group’s securing the priority bidding rights in the bidding for LIG non-life insurance co.
At the group’s management consultation meeting held on July 12 at the group’s hea…
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The Industrial Bank of Korea (IBK) plans to support the further overseas advancement of SMEs, although they are in 162 countries now, up from just 84 before the financial crisis of 1998. Korean business firms have been hard at work and operate in all 229 countries on earth, falling back on the Korea…
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Chairman Yim Jong-ryong of NH Financial Group.
Chairman Yim Jong-ryong of NH Financial Group plans to merge Woori Investment and Securities with NH Securities at the end of this year, while Woori Alibaba Life Insurance Co. will be taken over by NH Life Insurance Co. in the first half of next year.
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President Kwon Seon-joo of the Industrial Bank of Korea. (Photo:IBK)
The Industrial Bank of Korea (IBK) has successfully issued $300 million in GDRs at a price of $11.39 per issue, down 4.4 percent from the closing price of April 11, which is way lower than the average discount rate for GDRs issued…
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A group of executives of KB Life and award-winning staff led by President Kim Jin-hong and Standing Director Cho Sang-hoon,1st from left in front row, pose for a photo with their thumbs up during a ceremony to mark the 10th anniversary of the life insurer at the company’s Education Hall June 2.
KB…
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President Kim Won-kyu of Woori Investment and Securities CoVice President Kim Yong-bok of NH Bank has been designated president of Woori Alibaba Life Insurance Co., which is soon to be an affiliate of NH Financial Holding Co., while Vice President Kim Seung-hi has been designated president of NH Sav…
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President Kim Sun-kyu of Korea Housing Guaranty Co. (Photo: KHGC)
From now on heavy assessment of fees and other charges on project financing provided by financial institutions based on the credit ratings of the builders will be removed. Also removed will be various unfair practices done by the fin…
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President Kim Joo-hyun is flanked by President Mark Neale, right, and his assistant at the signing of an MOU between Korea Deposit Insurance Corp. and Financial Services Compensation Scheme of Britain, on March 31
Korea Deposit Insurance Corp. (KDIC) signed an MOU with the British Fi…
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President Hong Young-man of KAMCO.
Korea Asset Management Corp. (KAMCO) celebrated the initial anniversary of the Happy People Fund in March, as 294,000 people have applied for restructuring of their financial affairs and 249,000 are getting their financial matters cleaned up, which is the triple t…
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Deputy Prime Minister-Minister Bae Kyung-hoon of the Ministry of Science and ICT (MSIT), Vice Minister Lee Ho-hyun of the Ministry of Climate, Energy and Environment (MCEE), Chmn. Choi Won-ho of the Nuclear Safety and Security Commission (NSSC), Chmn…
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President Lee Jae-myung poses with heads of state and organizations at a meeting of the annual Group of 20 (G20) leaders’ summit in South Africa on Nov. 22. (Photos on the courtesy of the Presidential Office)President Lee Jae-myung returned home fro…
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President Lee Hag-jae of Incheon International Airport Corp. (IIAC) poses with President Omar N. Al-Midani of Vision Invest after they struck a contract on the operational service of Tashkent Airport in Uzbekistan on Oct. 14. (Photos: IIAC)Incheon In…
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President Kim Dae-ja of the Korea Agency for Technology and Standards (KATS), Chmn. Moon Dong-min of the Korean Standards Association and prize winners pose at the 51st National Quality Management Convention at COEX in Seoul on Nov. 19. (Photo: MOTIR…
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