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Chairman Han Dong-woo celebrated two years since his inauguration as head of Shinhan Financial Group in 2011, which was a very difficult time for the group.
What the chairman did as soon as he took the helm of the group was to restore the public’ s trust in the financial group and Shinhan Ba…
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Chairman Kim Jung-tae of Hana Financial Group.Chairman Kim Jung-tae of the Hana Financial Group will continue to push for synergy between Hana Bank and the Korea Exchange Bank (KEB), which the group took over in February 2012.
Kim, on the occasion of marking his first year as chairman of the group …
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President Shin Chung-sik of NH Bank attends an event at the bank's Gyeonggi Sales headquarters.NH Bank will unleash housing loans with a 3 percent annual interest rate starting this month in line with the government’s integrated measures to revive the real estate and housing markets, with dema…
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This year may be hard for other banks in Korea, but not for the Korea Exchange Bank (KEB), because the bank will strive to expand high quality assets, increase its loans to SMEs, and secure a major share of the retirement fund market, in addition to strict risk management as President Yun Young-ro s…
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President Lee Won-tae of Suhyup Bank gives his inaugural speech at the bank.Suhyup Bank will work for changes and growth at the same time as Lee Won-tae takes over as the new CEO as of April 15.
The new president, in his inauguration address, said he will run the bank to be ready for the introducti…
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The National Pension Service (NPS) said the monthly stipend payment will increase by 2.2 percent from this month in reflection of the inflation rate last year.
The pension service also said from July those who earn more than 3.98 million won per month will have to pay 8,000 won more monthly for the…
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Top executives of Korean Re wash the feet of their employees during the reinsurance firm‘s 50th anniversary ceremony on March 19 at the company’ s head office in Susong-dong, Seoul.Korea Reinsurance Corp. celebrated its 50th anniversary on March 19 in a ceremony held at the company’ s h…
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President Kwon Jum-joo of Shinhan Life Insurance (center) congratulates the exemplary financial consultants for their contributions to the company’s growth in 2012 at the award presentation ceremony at Shinhan Life Insurance Co. Shinhan Life Insurance Co. held an award p…
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Top executives of Woori Financial Group led by Chairman Lee Pal-seung and President Chung Hyun-jin of Woori Card, cut the tape to celebrate the spin off of Woori Card on April 22.Woori Financial Group finally spun off its card unit on April 1 after receiving final approval from the F…
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President Min Byung-dok of Kookmin Bank listens to an official of a small company near Seoul he visited recently as he holds a product of the company. [ Photo on courtesy of Kookmin Bank]Kookmin Bank became the first major commercial bank in Korea to open a window for the genera…
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CEO Hur Sae-hong of GS Caltex talks with GS Caltex staff members at GS Tower in Gangnam-gu, Seoul. (Photo: GS Caltex)GS Holdings said in an electronic notice released on May 13 that the holding company of GS Group posted 6,842.4 billion won in revenu…
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Chairman Chang Sae-joo of Dongkuk Steel Group. (Photos: Dongkuk Steel Group)Dongkuk Steel announced on April 24 that it posted sales of 857.2 billion won, an operating profit of 21.4 billion won, and a net profit of 6.2 billion won in the first quart…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL chalked up more than 1.2 trillion won in operating profit on the back of inventory profit, caused by crude oil price hikes for the first quarter of this year, in results that surprised analysts.Pr…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility said on April 23 that major Doosan Enerbility executives, including Chmn. Park Gee-won, embarked on efforts to promote cooperation to participate in a new power …
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