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Chairman Lee Chan-woo of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group announced on April 30 that its net profit amounted to 714 billion won in the first quarter of 2025. This was a 10.7 percent increase from 64.48 billion won in the first quarter of 2024 a…
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President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on April 29 that it will hold a promotion to offer a preferential 100 percent exchange rate to foreign customers who remit their salaries in Korea to their home countries by Dec. 31 of 2025. This promotion is…
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President Lee Hwan-joo of KB Kookmin Bank. (Photos: KB Kookmin Bank)KB Kookmin Bank claimed first place in terms of returns on non-principal-guaranteed products of defined contribution (DC) retirement pensions and individual retirement pensions (IRPs) among all banks that are retirement plan provide…
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President Lee Ho-sung of Hana Bank. (Photos: Hana Bank)Hana Bank announced on May 2 that it has signed a business agreement with the Association of Vietnamese Residents in Korea, at the Vietnamese Embassy in Jongno-gu, Seoul, on April 29. The deal mean Hana Bank will provide financial education…
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Jung Jin-wan, president of Woori Bank, shakes hands with Ahn Jung-hwan, head of K-water’s Ukraine Reconstruction Group at Woori Bank’s Poland Branch on May 7. (Photo: Woori Bank)Woori Bank announced on May 8 that it held a meeting with Korea Water Resources Corporation (K-water) at Woori Bank’s P…
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President Kang Tae-young of NongHyup Bank. (Photos: NongHyup Bank)NongHyup Bank announced on April 30 that it signed an export financing business agreement with the Korea Defense Guarantee Cooperative to support Korean defense companies’ overseas expansion. The signing event took place at the …
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President Park Chang-hoon of Shinhan Card. (Photos: Shinhan Card)Shinhan Card announced on April 21 that it has launched Shinhan Card Discount Plan and Shinhan Card Discount Plan+, which provide discounts of up to 20 percent according to the daily, monthly, and yearly spending schedules of customers…
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President Kim Sung-hwan of Korea Investment & Securities. (Photos: KIS)As Korea’s financial authorities speed up the introduction of the Investment Management Account (IMA) System, Korea Investment & Securities (KIS) is emerging as a potential candidate to start the IMA System. The IMA…
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Vice Chmn. Yoo Chang-soo of Eugene Investment (Photos: Eugene Investment)Eugene Investment said the company is operating 2025 Eugene Running Crew (ERC) Class event to promote healthy lives for investors.The class will be conducted on seven occasions at 7 p.m. every Thursday between April 10 and May …
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Chairman Jin Ok-dong delivers greetings at the 24th Annual General Meeting of Shareholders at Shinhan Financial Group’s headquarters in Seoul, on March 26. (Photos: Shinhan Financial Group)Shinhan Financial Group Chairman Jin Ok-dong said on March 26 that he will make 2025 a year of “value-up” an…
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New Chmn. Lee Yong-sok of Korean Register (KR). (Photos: KR)Korean Register (KR) announced on Feb. 23 that it participated as the lead organization in a national project named “Development of Technology for Integrated Management of Greenhouse Gas Em…
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New President Lee Heon-wook delivers his inaugural speech as he took office as the 17th president of Korea Real Estate Board (REB) on Feb. 25. (Photo: REB)Lee Heon-wook, former president of Gyeonggi Housing & Urban Development Corp. (GH) took off…
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A shuttle bus with Incheon International Airport is being charged at the newly opened Incheon Airport Hydrogen Transportation Multi-purpose Center.Incheon International Airport Corp. (IIAC) announced a plan on Feb. 6 to accelerate eco-friendly hydrog…
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Minister Cho Tae-yeol of the Ministry of Foreign Affairs (MOFA), Minister Oh Young-joo of the Ministry of SMEs and Startups (MSS) poses with about 200 SME representatives, including KBIZ Chmn. Kim Ki-mun as they had a meeting to ramp up communication…
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