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Chairman Kim Jong-ho of Korea Technology Finance Corp. (KOTEC) poses with KOTEC headquarters executives, general managers, and business branch chiefs across the nation during the first management strategy workshop for the year 2023 at KOTEC headquarters in Busan on Jan. 31. (Photos: KOTEC)Korea Tech…
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Chairman & President Yoon Hee-sung of the Export-Import Bank of Korea (KEXIM) poses with CEO Saad Alkhalb of Saudi Export and Import Bank after striking a deal on co-generation project financing at Saudi EXIM Bank headquarters on Jan. 18. (Photo: KEXIM) In his New Year’s message on Jan. 1,…
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President Kim Seong-tae of Industrial Bank of Korea (IBK). (Photo: IBK)The Industrial Bank of Korea (IBK) took its first step toward advancing into Poland. By expanding the company’s base to Eastern Europe, IBK will help Korean companies there and respond to the government's policies to nurtur…
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Chairman Cho Yong-byoung of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a record-high net profit of 4.6423 trillion won in 2022. Its non-interest income shrank due to a drop in securities income, among other reasons, but interest income inflated by ne…
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Chairman Yoon Jong-kyu of KB Financial Group. (Photo: KB Financial Group)KB Financial Group posted its best-ever business performance for the third consecutive year in 2022, thanks to the expansion of net interest margin following a rise in interest rates. KB Financial Group decided to maintain…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on Feb. 9 that it racked up net profit of 3,625.7 billion won on a consolidated basis in 2022. The figure represented a 2.8 percent increase over the previous year. Its net profit ascende…
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Former chairman Lim Jong-yong of Financial Services Commission named as chairman of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group by increasing core profits last year and expanded business in the non-banking sector. The firm plans to pursue an active shareholder ret…
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Chairman Lee Suk-joon of NongHyup Financial Group. (Photo: NH NongHyup Financial Group)NongHyup Financial Group announced on Feb. 14 that its net profit in 2022 reached 2,230.9 billion won, down 2.7 percent from 2,291.9 billion won in the previous year.The financial group explained that the drop is …
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Shinhan Bank President-nominee Jung Sang-hyuk.Shinhan Bank is launching a loan brokerage platform that will be linked with refinancing loan infrastructure. Among the five major banks — KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank and NongHyup Bank in Korea - Shinhan Bank will be t…
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Minister of Employment and Labor Lee Jung-sik, Financial Supervisory Service Governor Lee Bok-hyun, Financial Services Commission Vice Chairman Kim So-young, KB Kookmin Bank President Lee Jae-keun, Vice Chairman Kim So-young of the Financial Services Commission, Shinhan Financial Group Chairman-nomi…
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President Ha Dong-geun of Korea District Heating Corp. (Photos: KDHC)Korea District Heating Corporation (KDHC) announced on May 28 that it was selected as an “excellent” enterprise for enhancing corporate value in 2026 by the Korea Exchange (KRX) a…
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Chairman Kim Sung-jin of Korea Power Exchange (KPX) delivers his inaugural speech as he took office at an inauguration ceremony at KPX headquarters in Naju, Jeollanam-do, on May 6.As Chairman Kim Sung-jin of Korea Power Exchange (KPX) took office, he…
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Dignitaries, including Vice Minister Moon Shin-hak of the Ministry of Trade, Industry and Resources, KOSA Chairman Jang In-hwa, POSCO President Lee Hee-geun, President Lee Bo-ryong of Hyundai Steel, President Choi Sam-young of Dongkuk Steel, Chmn. Kw…
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Oh Young-guk (right), president of the KFE poses for a photo with Kang Young-cheol, CEO of CES after signing an agreement. (Photo: KEF)The Korea Institute of Fusion Energy (KFE) announced that it has selected CES Co. as a contractor for the system de…
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