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“The history of finance is the history of takeovers, so we have to go overseas to seek opportunities to take over a foreign bank in order to grow further,” said Chairman Lee Pal-seung of Woori Financial Group.The chairman made the statement during a ceremony for 360 new employees of the group on D…
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Samsung Card since its set up in 1988, has been expanding its operations so much so that the company listed its shares on the Korea Exchange in 2007 to become a leading credit card company, representing the consumer finance industry in Korea. The company draws everything from the catch words, …
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President Choi Ki-ui of KB Card said, “We will try to be the top company in a business area where we can do our best,” at an interview with the media on the occasion of the company’s first anniversary in March. The credit card business area that has been the best for KB Card has been the che…
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Woori-Aviva Life Insurance Co is the winner of the 2012 Korea Financial Grand Award in the life insurance sector, which is also known as the Financial Man of the Year Award. President Kim Hee-tae has often been heard uttering the Chinese phrase “ryong jon ban bo,” which means “you have to walk ha…
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“An enterprise that has continued to prosper for over a century owes its public respect, not for its profit growth,” said President Song Ki-jin of Kwangju Bank (KJB), which won the Banking Sector Award of the Korea Financial Grand Award, which is also known as the Financial Man of the Year Award.C…
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President Cho Joon-hee of the Industrial Bank of Korea won the Korea Financial Grand Award 2012, which is also known as the Financial Man of the Year Award, in recognition of his contribution to the financial industry. The Financial Services Commission, the Financial Supervisory Service and th…
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KB Kookmin Bank, a leading bank in Korea, has recently won the 2012 Korea Management Grand Award in the area of customer satisfaction.The management of the bank has had close contact and communication with those at the frontline of banking activities, creating such a strong bond between management a…
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Chairman Shin Chang-jae of Kyobo Life Insurance Co. has been named the Top Asian Insurance Manager of the Year by winning the 2012 Grand Award for the Asian Insurance Industry on Oct. 28 in Kuala Lumpur, Malaysia, the company said recently.Shin is the only Korean life insurance top executive to win …
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"Compassionate Finance is Shinhan’s Commitment,” is the Shinhan Financial Group’s pledge, with over 20,000 officers and staff and a diverse network both at home and overseas, a foothold for its customers’ successes in their endeavors and social progress.The financial group has been taking a step…
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K B Financial Group has decided to take over the ING Life Insurance Co. of Korea, a wholly-owned subsidiary of ING Life Insurance in Korea, for 2.45 trillion won, down 100 billion won from the originally agreed price, but the group has yet to persuade outside directors who oppose the takeover callin…
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President Lee Jae-myung poses with business leaders from Korea and Chile, including Chmn. Lee Woo-hyun of OCI Holdings, concurrently chairman of the Korean-Chilean Business Cooperation Committee, Chmn. Jang In-hwa of POSCO Holdings, Chmn. Koo Ja-eun …
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LS ELECTRIC Executive Vice President Lee Chung-hee and Steve Nelson, Mayor of Cedar City, pose wit others at a ground-breaking ceremony for the expansion of the company’s key local production hub, LS ELECTRIC Utah Inc., in Cedar City, Utah, on June …
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Chairman Chey Tae-won of the Korea Chamber of Commerce and Industry (KCCI) delivers a speech at an opening session of the 49th Jeju Forum hosted by KCCI on July 15. (Photo: KCCI)Chairman Chey Tae-won of the Korea Chamber of Commerce and Industry (KCC…
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Doosan Group Chairman Park Jung-won presents a sculpture symbolizing Doosan as a souvenir to NVIDIA CEO Jensen Huang on June 7. (Photo: Doosan Group)Doosan Group plans to engage in all-round promotion with Nvidia to explore new opportunities in areas…
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