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Economy/Finance
Woori Financial Group’s total financial assets amounted to 403 trillion won at the end of the first quarter this year, exceeding the 400 trillion won level for the first time among all financial groups in Korea, solidifying its position as the nation’s largest, the group said recently.The group sa…
KDB Financial Group has launched a study to export the Korea Development Bank’s growing experience as a state-run development financing bank that supported the rapid development of Korean industry to African nations, the group said recently.The key purpose is to help with the economic development o…
Mirae Asset Global Investments recently commenced operations since the completion of its merger with Mirae Asset MAPS Global Investments, its sister company specialized in alternative investments. Mirae Asset Global Investments, led by Vice Chairman Koo Jae-sang, 45, has become an undisputed po…
Kyobo Life Insurance Co. on May 4 hosted a reception at Lotte Hotel in Seoul for heads of asset management firms including foreign asset management firms in Seoul such as Goldman Sachs, Templeton and KTB Asset Management totaling 22 at the invitation of Chairman Shin Chang-jae. The occasion too…
Korea Life Insurance has been predicting that diverse retirement fund and guarantee type life insurance products in the age of an aging population would become key products in the life insurance industry this year and plans to introduce its own products to go with the market trends, the life insurer…
Korea Credit Guarantee Fund said on March 29 it has issued a collateralized bond obligation (CBO) worth 415.1 billion won for the first time to support SMEs and construction firms in securing funds, with 280.1 billion won going to support SMEs.The Fund said the issuance is part of the 1 trillion won…
NH Bank declared “ethical manage-ment” as its guiding theme at a ceremony on April 26 attended by some 300 officers including executives, department managers and staff of the bank.The bank plans to perform its operations including services based on honesty and trust among its customers in an ethic…
Industrial Bank of Korea announced on May 9 that it will reform the remittance fee system by removing all fees regardless of the amounts of money remitted, although it charged 1,000 won on funds in excess of one hundred thousand won. IBK at the same time will enter the financial market in Indon…
Chairman Lee Pal-seung of Woori Financial Group said “clean assets” to improve the group’s financial statement is the key objective of the group as it celebrated its 11th anniversary on April 2.“We have to dust off the risky and non-performing assets as much as possible to make our financial sta…
Korea Development Bank to keep running the special deposit account until 2015 to attract 10 tln won in depositsKorea Development Bank has decided to keep running its KDB Direct deposit account that facilitates deposits directly at the KDB home office without going through branches or other outlets o…
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Business/Company
LG유플러스가 자사 IPTV인 ‘U+tv’에서 세계 최대 온라인 엔터테인먼트 서비스인 넷플릭스(Netflix) 콘텐츠를 16일부터 제공한다. 또 핵심 서비스와 콘텐츠를 고객이 쉽게 경험하도록 U+tv UI도 개편해 12월 중 새롭게 선보인다. 이번 IPTV 부문 단독 파트너십 계…
삼성물산 건설부문은 지난 8일 서울시 강동구 암사동 선사유적지 주차장에서 강동구 자원봉사센터, 강동종합사회복지관과 함께 ‘사랑愛 김장나눔’ 봉사활동을 진행하였다.이번 봉사활동에는 이영호 사장을 포함해 100여명의 임직원들이 참여했다.  사랑愛김장나…
한화그룹이 인천광역시에 '미세먼지 방지숲'을 조성해 미세먼지 저감활동에 앞장선다.한화그룹은 지난 27일 인천광역시 서구에 위치한 수도권 제2매립지에서 <한화 태양의 숲 7호: 미세먼지 방지숲> 조성을 위한 식수 행사를 진행했다. 행사에는 한화커뮤니케이션…
LG화학은 9일 신임 대표이사 부회장에 글로벌 혁신기업인 3M의 신학철(辛學喆, 61세) 수석부회장을 내정했다고 밝혔다. LG화학이 CEO를 외부에서 영입한 것은 1947년 창립 이후 처음이다. 신학철 부회장은 1984년 3M 한국지사에 평사원으로 입사해 필리핀 지…


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