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Economy/Finance
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG) Shinhan Financial Group netted 2.917 trillion won in net profit last year, the second biggest since 2011 when the financial group logged 3.100 trillion won in net profit, the group said Feb. 7. The 2017 net profit, up 5.2 percent YoY…
Chairman Yun Jong-kyu of KB Financial Group KB Financial Group logged the best results in its history last year to take over the top position among rival financial groups in the country with its net profit coming to around 3 trillion won, the first financial group to do so in history, the group sai…
Chairman Choi Jong-ku of Financial Services Commission(FSC)(Photo: FSC) Starting Jan. 30, Korea will only allow authenticated bank accounts to be involved in virtual currency trading  Those with virtual currency accounts created by banks after their real name has been verified will be allowed…
Chairman Kim Yong-hwan of NH Financial Group joins other officials and the Cambodian officials led by  Minister of Posts and Telecommunication, Tram Iv Tek, on Feb. 8 in Seoul for talks on  the financial group’s move to take over a microcredit firm in Cambodia.(Photo: NH Financial) NH Fi…
KEB Hana Bank President Ham Young-joo and POCOG President Lee Hee-beom hold a copy of a deal on the official bank partner of the PyeongChang Winter Olympic Games after they signed it at the bank’s headquarters in Myeongdong, downtown Seoul, last April 18.(Photo: KEB Hana Bank) KEB Hana Bank going …
Woori Bank President Sohn Tae-seung.(Photos: Woori Bank) Fitch Ratings has affirmed South Korea-based Woori Bank's Long-Term Issuer-Default Rating (IDR) at 'A-'. The Outlook is Stable. Fitch has also affirmed Woori Bank's Viability Rating at 'bbb+'. A full list of rating actions is at the end of th…
New Chmn. Kwon Yong-won of Korea Financial Investment Association(KOFIA). Chairman Kwon Yong-won said he will be a leader in financial sector deregulation while running the Korea Financial Investment Association (Kofia) over the next three years. He met reporters for the first time since getting e…
Senior Vice Chairman Choi Hyun-man of Mirae Asset Daewoo Securities Co. Senior Vice Chairman Choi Hyun-man of Mirae Asset Daewoo said some seniors use a principal bank from the age of the “development economy.” Now is the time to have a principal securities firm, he said, to keep up with changes …
President Wi Sung-ho of Shinhan Bank introduces the contents of Shinhan Sol, the digitalization project that integrated six apps into a platform at the Renewal Digital Conference held on Feb. 2 at Dongdaemun Digital Plaza near East Gate in Seoul.(Photo: Shinhan Bank) President Wi Sung-ho of Shinhan…
President Kim Do-jin of Industrial Bank of Korea addresses the branch and other outlet leaders of IBK held on Jan. 16 at Chungju Training Institute in Chungju, North Chungcheong Province.(Photos: IBK) The Industrial Bank of Korea (IBK) has been eyeing takeovers of two Indonesian banks under a plan …
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Industry/Energy
   전력거래소(이사장 조영탁)는 “13일 나주 본사에서 조영탁 신임이사장이 취임식을 갖고 3년간의 공식 업무를 시작했다”고 밝혔다.  조영탁 이사장은 취임사에서 공정경쟁과 에너지 전환을 위한 ‘도매시장제도 개선’, 기후변화와 재생에너지 간헐…
28일 경주 'KHNP-IAEA HRD 컨퍼런스' 참여한 주요인사 개막식 테이프커팅28일 경주 'KHNP-IAEA HRD 컨퍼런스' 개회사5월 28일 경북 경주에서 열린 ‘KHNP-IAEA HRD 컨퍼런스’ 홍보전시회에서 정재훈 한국수력원자력 사장(왼쪽)이 한국형 APR1400 신형원전 모형을 미카…
Lotte Group Vice Chairman Huh Soo-young, head of the group’s chemical business unit, and Hyundai Heavy Industries Holdings Vice Chairman Kwon Oh-gap hold each other’s hand with other Hyundai Oilbank and Lotte Chemical officials at a ceremony to sig…
A view of ODC and RUC facilities being built at S-Oil’s Oil Refinery Complex in the Onsan Industrial Complex in Ulju County, South Gyeongsang Province.(Photo: S-Oil)S-Oil is about to complete the construction of a 110-meter-tall iron module at the O…


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