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Economy/Finance
Chairman Park Byung-won of the Korea Federation of Banks, 3rd R, Prime Minister Chung Hong-won, 3rd L, and Chairman Shin Je-yoon of the Financial Service Commission, 2nd L, applaud at a recent unveiling ceremony  of the National Happiness Fund in Seoul.Chairman Park Byung-won of the K…
Chairman & CEO Hong Kyttack of KDB Financial Group.Chairman & CEO Hong Kyttack of KDB Financial Group said the Korea Development Bank (KDB) will continue to be a state bank that handles mostly policy loans from funds provided by the government and raised through the issuance of bonds …
Chairman Chang Young-chul of Korea Asset Management Corp., right, is with Prime Minister Chung Hong-won, left, at the office of the National Happpiness Fund to show the window where the applications for the fund are accepted recently.Chairman and CEO Chang Young-chul of Korea Asset Ma…
Chairman Kim Yong-hwan of Korea EximbankThe Export-Import Bank of Korea (Korea Eximbank) announced that it signed a ship finance loan agreement worth $200 million with Thenamaris, the largest ship management company in Greece currently operating a fleet of 152 ships, in Athens on Feb. 7.  Chai…
President Cho Joon-hee of the Industrial Bank of Korea. “Khis year will be one of the toughest years with both crisis and opportunity co-existing in the financial market. We have to check the profit models of each sector of our operations and seek new profit sources to maintain the bank’…
President Lee Soon-woo of Woori Bank.President Lee Soon-woo of Woori Bank said, “What we need are strategies to secure profits in diverse areas of banking through tough risk management and stable growth, while holding down expenses as we are faced with a low-growth and low-interest age that we have…
President Min Byong-deok of Kookmin Bank.Kookmin Bank seeks stable growth in its operations this year instead of big growth in its assets, focusing on cutting expenses and costs. President Min Byong-deok said that the bank should rid itself of its age-old way of thinking and pursue possible sustain…
Chairman Han Dong-woo celebrated two years since his inauguration as head of Shinhan Financial Group in 2011, which was a very difficult time for the group.  What the chairman did as soon as he took the helm of the group was to restore the public’ s trust in the financial group and Shinhan Ba…
Chairman Kim Jung-tae of Hana Financial Group.Chairman Kim Jung-tae of the Hana Financial Group will continue to push for synergy between Hana Bank and the Korea Exchange Bank (KEB), which the group took over in February 2012. Kim, on the occasion of marking his first year as chairman of the group …
President Shin Chung-sik of NH Bank attends an event at the bank's Gyeonggi Sales headquarters.NH Bank will unleash housing loans with a 3 percent annual interest rate starting this month in line with the government’s integrated measures to revive the real estate and housing markets, with dema…
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Business/Company
An ad copy showing the idol group Twice advertising Pocarisweat produced and marketed by Dong-A Otsuka.(Photos: Dong-A Otsuka) Dong-A Otsuka recorded a huge profit three years in a row thanks to the enormous popularity of the Oronamin C beverage and…
LS Group Chairman Christopher Koo makes an inspection tour to Ls Nikko Copper plant in Ulsan last May. (Photos: LS Group)t LS Networks advanced the payment of supplies worth 8.2 billion won to its cooperative partners prior to the last Lunar New Yea…
Chairman Yun Dong-hwan of Korea Kolmar. Korea Kolmar’s 1.3 trillion won offer has been named as the priority bid for CJ Healthcare on Feb. 20, securing a base for its emergence as an integrated healthcare business firm. The company grew continuous…
Shown here is acrylonitrile butadiene styrene (ABS) resin. LG Chem maintains the global No. 1 position in the value-added ABS resin business. (Photo: LG Chem) LG Chem is Korea’s representative exporter company, earning more than 60 percent of its a…


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