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President Yoon Dae-hee of Korea Credit Guarantee Fund (Kodit). (Photos: Kodit)Korea Credit Guarantee Fund (Kodit) is set to provide 46.750 trillion won in credit guarantees this year, up 1.75 trillion won more than what it provided in the preceding year. As of Aug. 31, Kodit is ready to issue 46.589…
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President Choi Hee-nam of Korea Investment Corporation shakes hands with Australian Minister for Trade, Tourism and Investment Simon Birmingham at KIC headquarters on Aug. 5. (Photos: KIC)Korea’s sovereign wealth fund, Korea Investment Corporation (KIC), indicated it could invest in Saudi Arabia’s…
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Chairman Cho Yong-byeong of Shihan Financial Group. (Photo: SFG)Shinhan Financial Group Co., a major South Korean banking group, said Oct. 25 its net profit rose 15.8 percent in the third quarter from a year earlier, boosted by rising income from non-banking businesses.Third-quarter net profit stood…
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KBFG)KB Financial Group posted 940.3 billion won in 3rd quarter profit, beating estimates by about 2 percent as a result of management’s policy to focus on profitable operations and asset management, the financial group said on Oct. 24.The fina…
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Chairman Kim Jung-tai of Hana Financial Group. (Photos: HFG)Hana and Financial Group earned 2,040.4 billion won in cumulative net profit for the first three quarters of this year on a consolidated basis. The figure represented a rise of 148.3 billion won, or a 7.8 percent increase, over the same per…
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Chairman Kim Gwang-soo of NH Financial Group. (Photo: NHFG)NH Financial Group announced recently that its net profit for the first three quarters this year amounted to 1.393,7 trillion won, up 29.4 percent from the year earlier.The financial group attributed the outstanding accumulated net profit im…
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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group said on Oct. 29 that its net profit for the first three quarters of 2019 came to 1.665,7 trillion won, the largest in its history, excluding one-time profits, up 12.5 percent year-on-year. The group said credit for t…
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Chairman Park Hyeon-joo of Mirae Asset Group. (Photo: Mirae Asset)Mirae Asset Daewoo has been cruising with its new window, the One Asia Equity. Its Hong Kong subsidiary handled the business firm’s move to join the Nasdaq market as co-manager, and also successfully managed to have the company trade…
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President Jung Il-moon of Korea Investment and Securities Co. (Photo: KIS)Korea Investment & Securities is quickly becoming Asia’s leading investment bank, as it increases its presence in major global markets while securing a stable profit model.The Korean securities firm has been pursuing a tw…
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President Won Gee-chan of Samsung Card.Samsung Card Co. on Friday reported its third-quarter net income of 90.8 billion won (US$ 78.4 million), up 12.5 percent from a year earlier.The company said in a regulatory filing that it posted 120.1 billion won in operating profit for the quarter, compared w…
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LG Uplus CISO and CPO Hong Kwan-hee explains security-first strategies at a meeting on security strategies at LG Uplus office building in Yongsan, Seoul, on July 29. (Photo: LG Uplus)LG Uplus has unveiled “U-Dok Pick AI,” combining a variety of AI …
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CEO Kim Young-shub of KT. (Photos: KT)KT said on June 12 that Palantir Chief Revenue Officer Ryan Taylor visited Korea and executives and staffers from both sides discussed the direction of specific strategies. Palantir is a software platform de…
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President Park Yoon-kyu of the National Industry Promotion Agency poses with WIS Innovation Awards winners at an awards ceremony on the sidelines of 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. (Photo: NIPA)2025 Wo…
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LG U+ President Hong Bum-sik reveals an ambitious plan to lead the AI sector at his first meeting with reporters after he took office at INNSiDE by Meliá in Barcelona on the sidelines of Mobile World Congress 2025 on March 4. (Photos: LG U+)LG U…
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