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Economy/Finance
Under its Three Highs Loan Policy, the Industrial Bank of Korea (IBK) in February provided a total of 2 trillion won in loans, consisting of 1 trillion won each to small individual businessmen, and SMEs with mid-level credit ratings. Loans with the Special Support Program, for small business firm…
A group of dignitaries clap their hands at a seminar on June 8 where the announcement on the opening of K-OTC Market on July 1 is made by Chairman Hwang Young-key, 3rd R front row, of KOFIA.(Photo:KOFIA) Korea’s over-the-counter market (K-OTC) market is slated to open next month, helping investors…
Chairman Cho Yong-byoung of Shinhan Financial Group.(Photo: SFG) Shinhan Financial Group posted a net profit of 997.1 billion won in the first quarter, up 29.3 percent from 771.4 billion won in the same period last year. The result is a whopping 62.9 percent increase from three months ago and the h…
Chairman Yoon Jong-kyoo of KB Financial Group.(Photo: KB Financial) KB Financial Group’s net profit for the first quarter of this year came in at an impressive 870.1 billion won, up 59.7 percent year-on-year.  The stellar performance was driven by higher interest income and fee and commissio…
Chairman Kim Yong-hwan of NH Financial Group shakes hands recently with an official while on a tour of the IT Center of the group.(Photo: NH Financial) NongHyup Financial Group Chairman Kim Yong-hwan said he always puts principles above all in solving problems. When he was a fourth-grade officer w…
President Kim Do-jin of the Industrial Bank of Korea(IBK).(Photo: IBK) The Industrial Bank of Korea (IBK) may be about to declare the highest dividend in its history this year, attracting the attention of stock market investors at home and abroad. On a consolidated basis with affiliates including …
Chairman Kim Kyu-ok of Korea Technology Finance Corp.(KOTEC) gives a speech on the 4th Industrial Revolution at the Korea Federation of Banks in downtown Seoul on April 27. Chairman Kim Kyu-wok of Korea Technology Finance Corporation (KOTEC) said that KOTEC will be at the forefront in helping techn…
Chairman Park  Hyeon-joo of Mirae Asset Group. Mirae Asset Daewoo Securities Co. has been moving fast to occupy an advantageous position to cope with the fourth Industrial Revolution including such progressive technologies as IoT, AI and self-driving autos. In partnership with domestic firms,…
 (left) KB Securities President Jeon Byeong-jo and President Yoon Kyung-eun. KB Securities plans to take a giant leap toward the massive expansion of its capital to around 4 trillion won, largely aimed at boosting its  investment banking operations. The securities arm of KB Financial Gr…
President Wi Sung-ho of Shinhan Card explains the advantages of the credit card firm’s FAN Pay Bots, an Artificial Intelligence(AI) consumption management service on March 15 President Wi has now been transferred to run Shinhan Bank as President and CEO. Shinhan Card officially launched the Artifi…
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Policy/Politics
Rep. Kim Han-jung Special Committee on Political Reform of the National Assembly.  Political reform will have to be made in such a way that it can be representative of the people’s will, said Rep. Kim Han-jung, who serves as a member of the Sp…
A group of key participants raise arms led by Busan Mayor Suh Byung-soo at the 4th International Conference held on  Nov. 28 at the Federation of Korean Industries building in Seoul hosted by Busan Metropolitan City in a bid to bring World Expo …
The participants in the 5th International Forum on Housing and Urban Finance including Minister Kim Hyun-mee of the Ministry of Land, Infrastructure and Transport, pose for a photo during the international event held on Dec. 14 at Conrad Hilton Hotel…
President Moon Jae-in shakes hands with Chinese President Xi Jinping at the Great Hall of the People in Beijing on Dec. 14. (Photo: courtesy on the website of Cheong Wa Dae) President Moon Jae-in returned home on Dec. 16 after wrapping up a three-da…


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