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Chairman Choi Jong-gu of Financial Services Commission(FSC). (Photo:FSC)The new government plan to ease conditions for allowing new financial investment firms to get licenses to operate is centered on softening the entry conditions and the walls dividing the types of businesses in the industry, acco…
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Chairman Shin Yong-kil of Korea Life Insurance Association. (Photo: KLIA)Korea Life Insurance Association held a seminar on July 8 at the International Conference Room of the Korea Chamber of Commerce and Industry.Entitled “InsurTech: The Present and Future of Insurance,” the event was dedicated t…
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President Sung Dae-kyu of Shinhan Life Insurance Co., left, holds the Korea Service Grand Prix with Chairman Lee Sang-jin of Korea Standards Association(KSA) at a ceremony held on July 5. (Photo: KSA)Shinhan Life Insurance Co. won the 2019 Korea Service Grand Prix in the “life Insurance” category …
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Chairman Lee Dong-geol of Korea Development Bank (KDB).The Korea Development Bank (KDB) is going after M&As with Indonesian financial companies to boost its presence in the Southeast Asian market, a source said recently. The state-owned firm is said to be targeting a financial firm that has a li…
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New Chairman KIm Joo-hyun of the Credit Finance Association of Korea. (Photo:Crefia)Kim Joo-hyun, former president of the Korean Insurance Depository Corporation, was named Chairman of the 12th Credit Financing Association. His three-year term begins on June 19. The board approved his nomination at …
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Chairman Cho Yong-byoung of Shinhan Financial Group. (Photos: SFG)Shinhan and KB financial groups, the two leading financial groups in Korea, have been competing to lead the operational results in the 1st half of this year, with Hana Financial Group right behind them in 3rd.FnGuide said the leading …
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photos: KBFG)KB Financial Group has put out a financial platform thru which the customers can find information on loans, such as the interest rates and the limits of particular loan products of its four affiliates without submitting paperwork.The move …
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President Ji Sung-kyu of KEB Hana Bank.(Photo: KEB Hana)KEB Hana Bank saw its overseas profit jump substantially in recent months along with the progress of digitalization, with loans outstanding as of May 31 rising to $16.587,80 billion, up 9 percent from $15.256,3 billion recorded at the end of la…
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An aerial view of Kyung Island near Yeosu where the Yeosu and Kyung Island Marine Tourism Complex is to be built by Mirae Asset Group.Chairman Park Hyeon-joo of Mirae Asset Group. (Photos: Mirae Asset Group)Chairman Park Hyeon-joo of the Mirae Asset Group said the group will now focus its investment…
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President Lee Dae-houn, 2nd left, of NH Bank, meets with Director Allen Awoo in charge of the Banking Sector of the Hong Kong Financial Authority. (Photo: NH Bank)NH Financial Group has been hard at work to take advantage of developing the local subsidiary of NH Investment and Securities Co. in Hong…
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LG Chem CEO and Vice Chmn. Shin Hak-cheol and Sinopec Chmn. Hou Qijun applaud as both sides signed a deal to jointly develop core materials of the sodium-ion battery at LG Twin Tower in Yeouido, Seoul, Oct. 30. (Photo: LG Chem)LG Chem is joining forc…
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Vice Chairman & CEO Kim Jung-soo of Samyang Foods. (Photos: Samyang Foods)Samyang Foods, once a Korean ramen pioneer and legend, is making a splash in the global ramen market with Buldak Ramen, a spicy ramen brand. Buldak Ramen has establish…
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Dignitaries, including Chmn. Shin Dong-bin of Lotte Group and Indonesian President Prabowo Subianto, applaud as they participated in a ceremony to dedicate a petrochemical plant, dubbed “Lotte Chemical New Ethylene (LINE),” in Cilegon on the island…
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Chairman & CEO Choi Jin-shik of the Federation of Middle Market Enterprises of Korea (FOMEK), Minister for Trade Yeo Han-koo and Malaysian Amb. to Korea Dato' Mohd Zamruni bin Khalid pose with other attendees at speaking at “2025 MME Internation…
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