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Chairman Kim Jung-tai of Hana Financial Group said in his New Year's speech the key word that is most often repeated inside the group has been “digital,” not “deposits,” “interest rates” or “services,” demonstrating that the age has arrived for financial business firms to compete with non-…
NH Financial Group launched the All One Bank, a mobile banking service, on Aug. 8 last year led by Chairman Kim Yong-hwan, 4th left, in a ceremony held at its head office in Seoul.(Photo: NH Financial Group) NH Financial Group has decided to push the digital finance as its growth engine for this ye…
President Lee Kwang-koo of Woori Bank.(Photo: Woori Bank) Woori Bank was the first financial institution in the country to introduce a mobile banking service that allowed users to apply for and receive loans completely through an app. The loans offered through Woori’s WiBee Bank app had so mid-ran…
Chairman Kim Do-jin of Industrial ‘Bank of Korea(IBK) speaks during a meeting of all branch managers and affiliates of IBK totaling around 1,000 gathered on Feb. 10 at the bank’s head office in downtown Seoul(Photos: IBK) In a speech at the 2017 Branch Managers Meeting on Feb. 10, Chairman Kim Do…
Samsung Group retains most of the current CEOs of its financial affiliates including President Kim Chang-woo, left, of Samsung Life, President Ahn Min-soo, middle, of Samsung Fire and Marine Insurance, and President Won Ki-chan, right. of Samsung Card.(Photos: Samsung Group) President Kim Chang-soo…
Chairman Lee Soo-chang of the Korea Life Insurance Association (Photo: KLIA) The 4th Industrial Revolution is expected to open up a new world that humans have never experienced. The new revolution will emerge as a new paradigm for competition, changing the existing economic topography.  AI, R…
President Yoon Woong-yong of KB Kookmin Card. KB Kookmin Card has many kinds of credit cards, including the Good Day All-in Card, which gets cardholders a discount at service stations; Good Shopping Card, which is good for a discount at marts; Dadam Card, which earns points for accumulation at cert…
Minister Joo Hyung-hwan of the Ministry of Trade,Industry and Energy, left, and Vice Chairman Ahn Sang-hwan of the Korea Exchange pose for a photo with President Ahmyrat Danatarov of the Turkmenistan Stock Exchange, 2nd Right, after signing an MOU on cooperation between the two stock exchanges on Ap…
Chairman Hwang Young-key of the Korea Financial Investment Association(Kofia). The following are the excerpts of remarks made by Chairman Hwang Young-key on the future of the financial investment: At last, the time is here for the world to see the many things that AI can do. At the end of last yea…
President Ryu Sang-ho of Korea Investment and Securities Co. who has just been retained for another term.(Photo:KIS) president Ryu Sang-ho of Korea Investment and Securities Co. has been named to serve another term, making him the longest serving CEO of a securities firm in the country. Shareholde…
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Business/Company
SK Telecom President Park Jung-ho and Nvidia CEO Jensen Hwang hold a copy of an agreement on a joint development of self-driving car after they signed the deal. (Photos: SK Telecom) SK Telecom has signed an agreement on the joint development of self…
Officials of POSCO’s Gwangyang Steel Works in Gwangyang, South Jeolla Province, led by Chairman Kwon Oh-joon, 5th R, push buttons at a launching ceremony of 7CGL at the steel complex on April 26, 2017.(Photo: POSCO) There were spectacular scenes at…
Samsung Electronics has decided against shifting into a holding company structure. The move is expected to have a ripple-effect since it means that Samsung Electronics Vice Chairman Lee Jay-yong will give up efforts to reform governance to strength…
Around 300 global Hyundai Motor dealers gathered for the 2017 Global Distributors Convention held in Seoul and Jeju Island on May 13 under a major purpose to rejuvenate the car maker’s sales around the world.(Photos: Hyundai Motor) Hyundai Motor Co…


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