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Chairman Bang Moon-kyu of the Export and Import Bank of Korea (KEXIM).The Export-Import Bank of Korea (KEXIM) has become the first Korean financial institution to issue notes worth $100 million linked to secured overnight financing rate (SOFR). The SOFR is the benchmark the United States has designe¡¦
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Chairman Eun Sung-soo of the Financial Services Commission (FSC) speaks at the first strategic meeting of the Korean New Deal at Cheong Wa Dae on Sept. 3. (Photo: FSC)On Sept. 3, the Korean government laid out its plans to create a Korean New Deal fund and promote private sector investment in New De¡¦
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President Wi Sung-baek of Korea Deposit Insurance Corp.(KDIC). (Photos: KDIC)With respect to Lime Asset Management and Optimus Asset Management Incidents, a victim compensation system is needed in order to provide compensation to financial product buyers even if their financial companies go under, s¡¦
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Chairman and CEO Moon Sung-yu of KAMCO. ¡°Since we started receiving applications for the Program to Support the Sale of Corporate Assets on July 17, many companies have been applying for the program,¡± said an official of Korea Asset Management Corp. (KAMCO) in September. The Program to Support the¡¦
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President Yoon Jong-won of the Industrial Bank of Korea (IBK).IBK announced that it released ¡°Daily With Card¡± coated with antimicrobial film on Aug. 24, the first time the technology was utilized in Korea.¡°The World Health Organization (WHO) announced that the COVID-19 virus survives longer on c¡¦
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Chairman Cho Yong-byung gives a commemorative speech in a ceremony held online in honor of the 19th anniversary of Shinhan Financial Group on September 1. (Photo: Shinhan Financial Group)The Shinhan Financial Group started to preoccupy new markets to be created with a Korean version of the New Deal.¡¦
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Chairman Yoon Jong-kyoo of KB Financial Group, nominated for a third term.KB Kookmin Bank completed the process of acquiring Bukopin Bank in Indonesia. Kookmin Bank said on Aug. 26 that it conducted a resolution at a shareholders¡¯ meeting to buy a 67 percent stake in Bukopin Bank on Aug. 25.Therefo¡¦
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Chairman Kim Jung-tai of Hana Financial Group (Photos: Hana Financial Group)Hana Bank said in early September that it will introduce an export credit guarantee product with the Korea Trade Insurance Corp. (K-Sure) beginning immediately to boost the export power of Korean companies suffering from the¡¦
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Deputy Prime Minister-Minister Bae Kyung-hoon of the Ministry of Science and ICT (MSIT), Vice Minister Lee Ho-hyun of the Ministry of Climate, Energy and Environment (MCEE), Chmn. Choi Won-ho of the Nuclear Safety and Security Commission (NSSC), Chmn¡¦
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President Lee Jae-myung poses with heads of state and organizations at a meeting of the annual Group of 20 (G20) leaders¡¯ summit in South Africa on Nov. 22. (Photos on the courtesy of the Presidential Office)President Lee Jae-myung returned home fro¡¦
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President Lee Hag-jae of Incheon International Airport Corp. (IIAC) poses with President Omar N. Al-Midani of Vision Invest after they struck a contract on the operational service of Tashkent Airport in Uzbekistan on Oct. 14. (Photos: IIAC)Incheon In¡¦
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President Kim Dae-ja of the Korea Agency for Technology and Standards (KATS), Chmn. Moon Dong-min of the Korean Standards Association and prize winners pose at the 51st National Quality Management Convention at COEX in Seoul on Nov. 19. (Photo: MOTIR¡¦
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