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Economy/Finance
Chairman Kim Kwang-soo of NH Financial Group.(Photo: NHFG)NH Financial Group said Oct. 26 that its net profit over the first nine months of 2018 soared 47.9 percent on-year, thanks to a decline in loan-loss provisions and robust interest income.Net profit stood at 1.07 trillion won ($936 million) fo¡¦
Chairman-designate Sohn Tae-seung of Woori Financial Group. (Photo: Woori bank)Woori Bank, a major South Korean commercial lender, said recently its third-quarter net profit soared 113 percent from a year earlier on the back of interest margin growth. Net profit came to 604.5 billion won ($529.2 mil¡¦
President Kim Do-jin of Industrial Bank of Korea. (Photo: IBK)The Industrial Bank of Korea (IBK) said recently that its third-quarter net profit gained 15.9 percent from a year earlier, largely due to a decline in loan-loss provisions. Net income stood at 523 billion won ($459.3 million) on a consol¡¦
President Lee Chae-kwang of Korea Housing and Urban Guarantee Corp. (Photos: HUG)Lee Chae-kwang, Korea Housing and Urban Guarantee Corp. (HUG) and CEO Mike Forster, Wilson Center COO, signed an agreement in a ceremony at the Wilson Center on August 16, 2018, to launch a joint research initiative on ¡¦
Chairman Yoon Jong-kyoo of KB Financial GroupKB Financial Group posted 953.8 billion won in net profit in the 3rd quarter, up 6.3 percent YoY with the figures close to 1 trillion won, keeping its position as a leading financial group in Korea by beating it s closest rival Shinhan Financial Group wit¡¦
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Business/Company
Executive Chair Chung Eui-sun of Hyundai Motor Group. (Photos: Hyundai Motor Group)Hyundai Motor Group carried out a reshuffle of CEOs and presidents for the year 2024 to effectively cope with global management uncertainties and build foundation for ¡¦
Vice president Shin Yoo-yeol of Lotte Group. (Photos: Lotte Group)Lotte Group announced its regular executive appointments on Nov. 28, with Shin Yoo-yeol, the eldest son of Lotte Group Chairman Shin Dong-bin, being promoted to vice president. Lo¡¦
Senior Executive Vice President Lee Joo-hyung of Samsung Research at Samsung Electronics introduces ¡°Samsung Gauss2, Samsung generative AI model, at the Samsung Developer Conference Korea 2024. (Photo: Samsung Electronics)Samsung Electronics on Nov.¡¦
Chairman Yoon Jin-sik of the Korea International Trade Association (KITA) delivers an opening speech at a ceremony to celebrate the 61st anniversary of Trade Day at COEX in Samseong-dong, Seoul, on Dec. 5. (Photo: KITA)The Ministry of Trade, Industry¡¦


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