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Economy/Finance
Chairman Shin Dong-kyu of NH Financial Holding Co. has decided to increase the capital of its affiliates including NH Bank and NH Life Insurance by around 1.7 trillion won to boost their competitive strength. The increased funds will be invested largely in non-financial business sectors, the holding¡¦
Hana Bank China Ltd has been considered the most successful overseas subsidiary not only at Hana Financial Group, but also inside the Korean financial industry due mostly to its outstanding localization characteristics, financial industry sources said recently under the brilliant leadership of Chair¡¦
Chairman Han Dong-woo of Shinhan Financial Group said he will lead the financial group to turn around its strategy of pursuing only profits to one that will also carry out social contributions along with profits, thus ¡°catching two rabbits at one time.¡±At a ceremony celebrating the group¡¯s 11th a¡¦
Woori Financial Group, as a follow-up measure after the meeting of the chairmen of major financial holding companies on Aug. 21, has decided to resolve the household debt crisis, expand loans to SMEs and the financially poor as well as promote exports and investments in support of the real economy t¡¦
Woori Financial Group, as a follow-up measure after the meeting of the chairmen of major financial holding companies on Aug. 21, has decided to resolve the household debt crisis, expand loans to SMEs and the financially poor as well as promote exports and investments in support of the real economy t¡¦
The following is a summary of a written interview with Chmn. Euh Yoon-dae in which he outlines the group¡¯ s plans and strategies for both domestic and overseas operations ¡Æ¢âEd.One of the biggest management objectives for KB Financial Group has been risk management, especially in the area of house¡¦
The Industrial Bank of Korea led by CEO Cho Joon-hee has been pushing its globalization under a strategy designed to set up a global belt in Asia and then to expand its operations to six continents by setting up operation bases in those regions.The IBK¡¯ s major aim is to set up the bases in those k¡¦
The Export-Import Bank of Korea announced recently that it successfully issued AUD 500 million ($510 million) in Kangaroo Bonds in Australia¡¯s bond market. The issuance represents the largest issuance of the bond by a Korean institution. Australian dollar-denominated bond issued by foreign ins¡¦
Korea Asset Management Co. (KAMCO) faced one of the toughest problems in 1997 on the path of its growth because it had to take care of a string of corporate bankruptcies in the wake of the Asian foreign exchange crisis, officials of the company recalled.In January of that year, the Hanbo Group went ¡¦
Korea Asset Management Co. (KAMCO) faced one of the toughest problems in 1997 on the path of its growth because it had to take care of a string of corporate bankruptcies in the wake of the Asian foreign exchange crisis, officials of the company recalled.In January of that year, the Hanbo Group went ¡¦
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Policy/Politics
President Yoon Seog-dae of Korea Water Resources Management Corp. (K-water) poses with ambassadors to Korea from the EU and four EU member states as they toured K-water headquarters and research institute on May 13. (Photo: K-water)Korea Water Resour¡¦
President Kang Kyung-sung of Korea Trade-Investment Promotion Agency (KOTRA) and other KOTRA participants gesture while posing at an extended strategy meeting of trade and investment in the African region in Cape Town, South Africa, on May 30. (Photo¡¦
Jeollanam-do Gov. Kim Young-rok poses with other participants of a meeting with private and public sector representatives of the region at Yeosu City Hall on June 2 in which they discussed strategies to bring COP33 to Yeosu. (Photo: Jeollanam-do)Jeol¡¦
Lee Hoe-seung, head of Seoul Water. (Photo: Seoul Water)Arisu, dating back 110 years to the commencement of public water supply in1908, has positioned itself as a clean, fresh drinking water that represents Korea.In 2016, it grew into the globally re¡¦


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