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Subrogation payment amounts, offered by Korea Housing and Urban Guarantee Corp. (HUG) instead of house owners, and jeonse deposit money return guarantee incidents, logged the biggest-ever figure in September. Cumulative subrogation payment amounts and jeonse deposit money return guarantee incid…
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President Choi Joon-woo of Korea Housing Finance Corp.(HF)Korea Housing Finance Corp. (HF) has lowered application terms on “Safety Transition Loans” that can switch to housing-secured loans with a minimum annual interest rate of 3.7 percent and the cap of the loans. On Oct. 7, the first day …
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President Yoo Jae-hoon of Korea Deposit Insurance Corp. delivers his inaugural speech at an inauguration ceremony at KDIC headquarters on Nov. 21. (Photo: KDIC)Former Korea Securities Depository (KSD) Chairman Yoon Jae-hoon took office as the new president of Korea Deposit Insurance Corp. (KDIC) on …
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Chairman & President Yoon Hee-sung of Korea Eximbank and GS Energy President Huh Yong-soo struck an MOU on financial support for the establishment of energy security and transition at Korea Eximbank headquarters in Yeouido, Seoul, on Sept. 19. (Photo: Korea Eximbank)The Export-Import Bank of Kor…
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(from left) Chairman Kim Bok-cheol of the National Research Council of Science & Technology (NST), Chairman Kang Byung-sam of the Korea Innovation Foundation (INNOPOLIS), and Kang Seok-hoon, chairman of Korea Development Bank (KDB) hold a copy of a business agreement for fostering national scien…
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Chairman Cho Yong-byoung of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a record-high performance through the third quarter of this year thanks to an increase in interest income caused by a rise in the interest rate and proceeds from the sale of non-operat…
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Chairman Yoon Jong-kyu of KB Financial Group. (Photo: KB Financial Group)On Oct. 25, KB Financial Group announced its business results for the third quarter of 2022 through internet and mobile live-streaming services.KB Financial Group posted 4,027 billion won in accumulated net income in the third …
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on Oct. 25 that it posted 1,121.9 trillion won in net profit in the third quarter, racking up cumulative consolidated net profit of 2,849.4 billion won between the first and third quarters of …
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Chairman Sohn Tae-seung of Woori Financial Group. (Photos: Woori Financial Group)Woori Financial Group announced on Oct. 25 that it posted cumulative net profit of 2,661.7 billion won in the first three quarters of 2022. This figure exceeded the previous year’s annual total. Meanwhile, its thi…
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Chairman Son Byung-hwan of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group posted the highest net profit on an accumulated basis in its history in the first three quarters of 2022. Excluding the agricultural support project costs supplied by NongHyup Financia…
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President & CEO Lee Young-jun of Lotte Chemical. (Photos: Lotte Chemical)“We have to set reform and improvement milestones faithfully and carry out not only long-term global business restructuring but also a business structure shift of domestic …
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President Kim Jong-chool gives his inaugural speech as he took office as KAI’s 9th president of KAI at an inauguration ceremony at KAI headquarters in Sacheon, Gyeongsangnam-do, on March 19. (Photos: KAI)Under the leadership of new President Kim Jon…
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Minister of Climate, Energy and Environment Kim Sung-hwan gets a briefing on electrode boiler from KDHC CEO Jeong Yong-ki as he toured KDHC’s branch in Hwaseong, Gyeonggi-do, on March 11. Korea District Heating Corp. (KDHC) has built a communit…
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(From left) Czech Deputy Prime Minister and Minister of Industry and Trade Karel Karel Havlíček, Son Seung-woo, Head of Doosan Enerbility’s Power Services Business Group, Daniel Procházka, COO of Doosan Skoda Power, and Kim Jeong-kwan…
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