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Sohn Tae-seung, chairman of Woori Financial Group. (Photos: Woori Financial Group)Woori Financial Group recorded record-breaking quarterly earnings in the first quarter, thanks to the incorporation of subsidiaries and an improvement in its profit structure. The group produced an earnings surpri…
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Chairman Son Byung-hwan of NH NongHyup Financial Group. (Photo: NH NongHyup Financial Group)NH NongHyup Financial Group racked up 596.3 billion won in net profit in the first quarter of 2022, down 1.3 percent from the previous year.NH NongHyup Financial Group attributed the drop in net profit to add…
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President Jin Ok-dong of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on May 11 that Shinhan Bank Vietnam issued bonds worth VND2.8 trillion (153 billion won). The bonds issued were the first local currency bonds in the 29 years since Shinhan Bank entered the Vietnamese market by …
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KB Kookmin Bank announced on April 12 that it signed a business agreement on giving ESG support to SMEs with the KOSME. Shown above (from left) are Choi Hak-su, head of the Innovation Growth Division of the KOSME, Kim Hee-cheon, SME policy officer at the Ministry of SMEs and Startups and Jeong Moon-…
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Kim Jin-seok, manager of the Taipei Branch poses for a photo with other officials in a ceremony in honor of the opening of the branch on April 25. (Photo: Hana Bank)Hana Bank succeeded in making a foray into the Taiwanese market. The Hana Financial Group will play a key role in its leap forward…
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Woori Bank signs an MOU for artificial intelligence (AI) research and development with Yonsei University at Yonsei University on May 2. Cha Ho-jeong (left), Dean of AI Convergence College at Yonsei University, poses for a photo with Ok Il-jin, director of the Digital Strategy Group at Woori Bank. (P…
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President Kwon Joon-hak of NongHyup Bank. (Photos: Nonghyup Bank)As airliners began to expand their flights with COVID-19 pandemic measures easing, NongHyup Bank President Kwon Joon-hak is also putting a spur into the bank’s penetration of the Southeast Asian market. NongHyup Bank has been wor…
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Bang Moon-kyu, CEO of Korea Eximbank signs a business agreement to promote Korean e-government export and international cooperation projects in the field of customs administration with Lim Jae-hyeon, commissioner of the Korea Customs Service at the Yeouido Main Building of Korea Eximbank on April 18…
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President Lee Chang-kwon of KB Kookmin Card poses with participants as they attended a ceremony to deliver donations, to be used for improving athletic facilities and offering books in Cambodian primary and secondary students on May 12. (Photo: KB Kookmin Card)KB Kookmin Card announced on May 2 that…
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President Kwon Nam-joo of Korea Asset Management Corp. (KAMCO) poses with Seo Kyung-hwan, chief of the Seoul Bankruptcy Court, after they struck an MOU on the support of the successful recovery of individual debtors with on April 28. Korea Asset Management Corp. (KAMCO) signed an MOU on the sup…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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