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IBK signs a business agreement with Germany's Commerzbank AG to support small and medium-sized enterprises. Kim Sung-tae, president of IBK poses for a photo with Michael Kotzbauer, vice chairman of Commerzbank AG. (Photo: IBK)IBK announced on March 7 that it launched IBK Value Growth Loan to support…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group surpassed annual net profit of 5 trillion won in 2024, as its non-banking affiliates led the way in improving performance amid KB Kookmin Bank’s stagnant business.KB Financial Group announced its annual net…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a net profit of 4,571.5 billion won in 2024, an increase of 3.4 percent from the previous year. Shinhan Bank, in particular, is expected to become the number one bank with the largest…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on Feb. 4 that its consolidated net profit stood at 3,738.8 billion won in 2024, up 9.3 percent from the previous year. In the fourth quarter of 2024 alone, the financial group earned a n…
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Chairman Lee Chan-woo of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group logged a net profit of 2.457 trillion won in 2024. The figure was the highest-ever for the company. Its non-banking affiliates, such as NH Life Insurance, took the initiative in dri…
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President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank launched the SOL Gathering Passbook Service to boost convenience for gathering members on Feb. 11.The SOL Gathering Passbook Service allows users to organize gatherings and invite members without opening an account at Shinh…
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Joo Hyung-hwan, vice chairman of the National Committee for Low Birthrate and Aging Society poses for a photo with KB Kookmin Bank officials in a work-life balance meeting on Feb. 25. (Photo: KB Kookmin Bank)KB Kookmin Bank is practicing win-win finance under the theme of helping Korea addressing it…
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Hana Bank Vice President Lee Dong-yeol poses for a photo with Chungcheongnam-do Governor Kim Tae-heum, and CCGF Chairman Cho So-haeng after signing an agreement on March 5. (Photo: Hana Bank)Hana Bank announced on March 6 that it has opened Hana The Next Lounge, a specialized face-to-face consultati…
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NongHyup Bank President Kang Tae-young poses for a photo with prizewinners at the 2024 NH Best Banker & Best Branch Awards at Grand Hyatt Seoul in Seoul on March 4. (Photo: NongHyup Bank)NongHyup Bank announced that it held the 2024 NH Best Banker & Best Branch Awards at Grand Hyatt Seoul in…
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President Jung Jin-wan of Woori Bank. (Photos: Woori Bank)In 2024, Woori Bank showed strong growth, surpassing 4 trillion won in operating profit and 3 trillion won in net profit. Woori Bank’s operating profit in 2024 stood at 4,069.0 billion won, up 22.7 percent from 2023.Its net profit also …
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Chairman Kim Ki-moon of Korea Federation of Small and Medium Business (KBIZ) poses with President & CEO Mohammad Ali Rashed Lootah of Dubai Chambers after they discussed ways of promoting exchanges and cooperation at Dubai Chambers on Feb. 7. (Ph…
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Amorepacific Group logged 4,259.9 billion won in sales and 249.3 billion won in operating profit last year. The figures represent a 5.9 percent year-on-year rise and a 64 percent year-on-year jump compared to 2023. The high growth rate of t…
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A view of the redesigned Genesis GV60 whose sale was launched in Korea on March 6. (Photo: Hyundai Motor)Sales of the redesigned Genesis GV60 in Korea started on March 6, showcasing more power and state-of-the-art luxury features.It’s the first time…
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A view of “Bibigo Yugjeubgadeug Mandu,” stuffed with chunks of meat and vegetables, and products of the instant rice brand “Hetbahn Sotbahn,” released by CJ Cheiljedang. (Photos: CJ Cheiljedang)CJ Cheiljedang released “Bibigo Yugjeubgadeug Mandu…
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