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President Kim Do-jin of the Industrial Bank of Korea. (Photo: IBK)]President Kim Do-jin of the Industrial Bank of Korea is ebullient about the future of the bank with the bank posting the best H1 results since the bank was launched, which was also transferred to the overseas operation with the bank …
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Chairman Lee Dong-gull of Korea Development Bank (KDB). (Photo: (Photo: National Assembly of the Republic of Korea)The state-run Korea Development Bank (KDB) is considering selling its majority stake in Daewoo Engineering & Construction Co.(Daewoo E&C) in about two years, as the company is p…
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President Yoon Yeol-hyun of Kyobo Life Insurance Co., center, cuts the tape at the opening ceremony of the Open Innovation Inno Stage Co-Working Space, a healthcare center, at Kyobo Life’s head office in Gwanghwamun, downtown Seoul, on Oct. 1, along with heads of startups, the partners to run the f…
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Chairman Park Hyeon-joo of Mirae Asset Group.Mirae Asset Global Investments said Oct. 2 it has acquired 15 premium hotels in the United States in a package deal reportedly worth more than $5.8 billion, the largest alternative investment deal ever for a South Korean financial firm.The company said th…
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President Chung Il-moon of Korea Investment and Securities Co.Korea Investment and Securities Co. (KIS) has always been known as a company that has the most sound profit base in the industry, as its first half results this year show up an astounding 42 percent YoY increase at 408 billion won. That’…
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President Lee Dong-bin of Suhyup Bank.Suhyup Bank is setting up its first local bank overseas, in Myanmar, to exclusively provide small loans, which is the part of the bank’s strategy to explore alternative international financial markets, diversifying from the crowded domestic financial market.The…
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President Wi Seong-baek of Korea Deposit Insurance Corp.(KDIC), left, swears with others before the Political Affairs Committee of the National Assembly as the parliamentary audit begins. (Photo: National Assembly of the Republic of Korea)President Wi Seong-baek of KDIC said it was a great honor to …
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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group's Chairman Sohn Tae-seung is making all out efforts to raise prices of the group's shares. He is trying to show his confidence on the future performance of the financial group through multiple stock repurchases while…
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A view of the building in Seoul where Eximbank has offices. (Photo: Eximbank)The Export and Import Bank of Korea will be able to provide loans to domestic firms undertaking economic projects in so called “dangerous countries” thru a special account set up in May this year. The account holds 3.7 tr…
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Chairman Cho Yong-byeong of Shinhan Financial Group. (Photos: SFG)Shinhan Financial Group announced the launch of its InnoTalk platform designed to support reform business firms with information needed for setting up startups and their continued growth.The group said the new platform would help crea…
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Hyundai Motor Group Executive Chair Chung Eui-sun, POSCO Group Chmn. Jang In-hwa, Louisiana Governor Jeff Landry, Rep. Troy Carter, MOTIR Minister Kim Jung-kwan, U.S. Under Secretary of Commerce for International Trade William Kimmitt, and Hyundai St…
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“XTeer,” an engine oil exclusively for hydrogen internal combustion engines, developed and supplied by HD Hyundai Oilbank. (Photo: HD Hyundai Oilbank)HD Hyundai Oilbank launched a drive to capture the hydrogen mobility lubricant market by developin…
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Senior Executive Vice President Won Kwang-sik of HD Hyundai Heavy Industries (left) receives a plaque of appreciation from Pietro Barabaschi, Director-General of the ITER Organization (right), at the 'KOREA-ITER Fusion Day' event held in Cadarache, s…
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President Kim Hoe-chun of Korea Hydro & Nuclear Power (KHNP) and Claude Imauven, Chairman of the Board of Directors, exchange a letter of intent on long-term cooperation in the uranium enrichment sector the two companies struck as President Lee J…
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