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Yoo Jae-hoon, president of KDIC poses for a photo with Jeon Jin-kyu, president of the KSA and Kim So-young, vice chairman of the Financial Services Commission at the 2025 KDIC Asia-Pacific Forum: Building a Resilient Financial Future on March 21. (Photo: KDIC)Korea Deposit Insurance Corporation (KDI…
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Export-Import Bank of Korea President Yoon Hee-sung (third from left) visits a construction site of a Hyundai-SK On joint venture in Georgia of the U.S., on March 27 to take a tour of the site and pledges US$1.5 billion in financial support. (Photo: Korea Eximbank)The Export-Import Bank of Korea (Ko…
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Chairman Kang Seog-hoon of Korea Development Bank (KDB).On April 7, Korea Development Bank completed advisory and financial support for a cross-border M&A deal in which KOSDAQ-listed Nau IB Capital acquired 100 percent of the shares of Sun Fluoro System (SFSJ) in Japan. SFSJ was founded in …
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Kim Sung-tae, president of IBK poses for a photo with Park Jong-gil, chairman of the Korea Workers’ Compensation and Welfare Service after signing a business agreement at the IBK headquarters in Seoul on April 4. (Photo: IBK)IBK announced on April 8 that it has launched the AI Voice Phishing Detect…
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Yang Jong-hee, chairman of KB Financial Group, speaks at the annual general meeting of KB Financial Group at the headquarters of KB Kookmin Bank in Seoul, March 26. (Photo: KB Financial Group)KB Financial Group will continue to do everything it can to elevate its total shareholder return rate, inclu…
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IBK signs a business agreement with Germany's Commerzbank AG to support small and medium-sized enterprises. Kim Sung-tae, president of IBK poses for a photo with Michael Kotzbauer, vice chairman of Commerzbank AG. (Photo: IBK)IBK announced on March 7 that it launched IBK Value Growth Loan to support…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group surpassed annual net profit of 5 trillion won in 2024, as its non-banking affiliates led the way in improving performance amid KB Kookmin Bank’s stagnant business.KB Financial Group announced its annual net…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a net profit of 4,571.5 billion won in 2024, an increase of 3.4 percent from the previous year. Shinhan Bank, in particular, is expected to become the number one bank with the largest…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on Feb. 4 that its consolidated net profit stood at 3,738.8 billion won in 2024, up 9.3 percent from the previous year. In the fourth quarter of 2024 alone, the financial group earned a n…
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Chairman Lee Chan-woo of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group logged a net profit of 2.457 trillion won in 2024. The figure was the highest-ever for the company. Its non-banking affiliates, such as NH Life Insurance, took the initiative in dri…
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Han Seok-won, Senior Executive Vice President and Head of Planning & Coordination Division at Hyundai Motor Group, and Lee Ju-tae, Head of Future Strategy Division at POSCO Holdings, pose at a signing ceremony for a memorandum of understanding fo…
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Chairman Lee Jay-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics announced on May 14 that it has signed an agreement to acquire all shares of FläktGroup, a leading global HVAC solutions provider, for 1.5 billion euro…
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A whole view of CJ Bio America in Fort Dodge, Iowa, the United States. (Photo: CJ CheilJedang)CJ CheilJedang has decided not to dispose of the green bio business, valued at 6 trillion won.The move may be construed by the company’s strategic decision…
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Chairman Shin Dong-won of Nongshim. (Photos: Nongshim)Nongshim held a groundbreaking ceremony for the construction of a pilot greenhouse as a center of exporting “K-Smart Farm” to the Middle East at the Riyadh National Agricultural Center in Saudi …
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