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Kim Sung-hwan, president of KIS poses for a photo with seminar participants at the 2025 Global Market Outlook Seminar held on May 23 at the Grand InterContinental Parnas in Seoul. (Photo: KIS)Korea Investment & Securities (KIS) has solidified its strategic cooperation with global asset managemen…
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Yoon Byung-woon, president of NH Investment & Securities, announces a new platform at “The First Media Day: Refreshing Overseas Investment” at The Plaza Hotel in Jung-gu, Seoul on June 17. (Photo: NH Investment & Securities)“NH Investment & Securities will go beyond fee-lowering compe…
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President Yoo Jae-hoon of Korea Deposit Insurance Corp. (KDIC) (Photo: KDIC)Korea Deposit Insurance Corporation (KDIC) has finalized the differential evaluation grades for the 2024 fiscal year for 269 insured financial institutions including insured banks, insurance companies, financial investment c…
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President Kim Sung-tae of the Industrial Bank of Korea (IBK]. (Photo: IBK)Industrial Bank of Korea (IBK) announced on May 12 that it launched the IBK ESG Diagnosis System to support small companies’ ESG management. The IBK ESG Diagnosis System provides ESG Diagnosis Consulting to diagnose the …
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Chairman Yang Jong-hee of KB Financial Group. (Photo: KB Financial Group)KB Financial Group announced via internet and mobile live broadcasts on April 24 that it posted 1,679.3 billion won in net profit with an ROE of 13.04 percent in the first quarter of 2025. Despite a decline in interest inc…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group has recorded the company’s highest-ever first-quarter net profit. The growth of its interest income was driven by an increase in loans, despite a decline in the market interest rate and the…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group’s net profit swelled nearly 10 percent year on year during the first quarter of 2025. This is the best first quarter performance since the company merged with Hana Bank and Korea Exchange Bank.Han…
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Chairman Chairman Lim Jong-ryong of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group announced its business results for the first quarter of 2025 at an investor relations (IR) conference on April 25. Woori Financial Group realized a net profit of 615.6 billion won.&nbs…
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Chairman Lee Chan-woo of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group announced on April 30 that its net profit amounted to 714 billion won in the first quarter of 2025. This was a 10.7 percent increase from 64.48 billion won in the first quarter of 2024 a…
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President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on April 29 that it will hold a promotion to offer a preferential 100 percent exchange rate to foreign customers who remit their salaries in Korea to their home countries by Dec. 31 of 2025. This promotion is…
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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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