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Economy/Finance
Chairman Han Dong-woo of Shinhan Financial Group, who won the Achievement Award in the 2016 Korea Grand Financial Awards. Chairman Han Dong-woo of Shinhan Financial Group won the Financial Achievement Award for his meritorious achievement in the financial industry during his long career spanning mo…
LG U+ Vice Chairman Kwon Youg-soo, L, shakes hands with Chairman Yoon Jong-kyoo of KB Financial Group at a ceremony to launch the Live Mate to spur the Fintech Financial Operations between their two firms on Nov. 21. (Photos: KB Kookmin Financial) With the emergence of Internet banks in Korea getti…
Chairman Kim Yong-hwan of NK Financial Group joins the group’s officers and staff in making packages of goods to be delivered  to the needy families around the country.(Photos: NH Financial) NH Financial Group, led by Chairman Kim Yong-hwan, has been focused on social activities that reflect …
Chairman Kim Jung-tae of Hana Financial Group. Hana Financial Group classifies expenses for corporate social responsibility (CSR) as investments as they attempt to nurture social values. The fourth-largest financial group in the nation by assets says that CSR can contribute to enhancing corporate v…
President Lee Kwang-goo of Woori Bank. Woori Bank has been able to sell 29.7 percent of its stake held by the government to seven successful bidders in November. It plans to use the momentum to become one of the leading financial groups in Korea, joining KB Financial, Hana Financial and Shinhan Fin…
Chairman Hwang Young-key of the Korea Financial Investment Association. Korea Financial Investment Association (Kofia) plans to go after the financial regulations that segregate the domestic and foreign financial firms operating in Korea to reform them next year. At a briefing session held on Dec.…
CEO Choi Hyun-man of Mirae Asset Daewoo Securities Co.(Photo: Mirae Asset Securities) Mirae Asset Securities received the right to operate an investment banking ahead of a scheduled M&A with Daewoo Securities. The acquirer would have automatically earn the right to operate after the two units …
Shinhan Bank has been striving to help society by conducting full-scale social responsibility efforts through Compassionate Finance, which sets out to support communities with the power of finance. The bank launched a social service group in July 2004 for the first time, the first such group in Ko…
Chairman Han Dong-woo of Shinhan Financial Group. Shinhan Financial Group announced Oct. 20 that its combined net profit in the first three quarters of this year surpassed the 2 trillion won mark for the first time in four years. In a statement, the bank holding firm said the accumulated net profi…
Chairman Yoon Jong-kyoo of KB Financial Group who doubles as president of  KB Kookmin Bank. Yoon Jong-kyoo, KB Financial Group Chairman, said the group will closely follow changes coming with the so-called “fourth industrial revolution” in order to make sure KB Kookmin Bank recovers its past…
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Policy/Politics
Chairman Yim Jong-yong of Financial Services Commission.(Photo: FSC) The FSC outlined its financial policy direction for 2017, focused on prompt and thorough response to financial market risks; financial support for stabilization of household liveli…
Rep. Song Seog-jun of the Liberty Korea Party speaks at a forum on how to overhaul a feasibility study system at the National Assembly Building. Rep. Song proposed a revision bill of the Act on the National Health Insurance Service (NHIS) that would…
Chairman Chung Ji-taik of the Korea Association of Machinery Industry (KOAMI), current vice chairman of Doosan Heavy Industries & Construction, speaks at a New Year’s gathering for those in the Korean machinery industry hosted by the Korea Assoc…
President Lee Hak-soo of Korea Water Resources Corp. (Photo: K-water) Korea Water Resources Corp. (K-water), marking its 50th anniversary this year, plans to ensure safety and welfare and nurture the water industry. In his New Year’s message, K-wat…


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