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Economy/Finance
IBK President Kim Sung-tae congratulates a first SME employee that signed up for IBK SME Employee Savings with Minister of SMEs and Startups Oh Young-joo on Oct. 28. (Photo: MSS)IBK announced on Oct. 25 that it ranked first among the six major Korean commercial banks in terms of operating returns on¡¦
Chairman Yang Jong-hee of KB Financial Group. (Photo: KB Financial Group)KB Financial Group announced its business results for the third quarter of 2024 along with its ¡°Sustainable Value-up Plan¡± via internet and mobile live streaming on Oct. 24. Prior to the earnings announcement, KB Financi¡¦
Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group earned a cumulative net profit of 3,985.6 billion won in the third quarter of this year. Its non-interest income contracted due to losses on securities derivatives transactions, but the fina¡¦
Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group will launch a senior citizen-specific brand, ¡°Hana The Next,¡± to provide total care services specialized for the senior generation. According to Hana Financial Group on Oct. 22, the its affiliat¡¦
Chairman Lee Suk-joon of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group posted the largest cumulative net profit in its history in the third quarter of 2024. The financial group announced on Oct. 29 that its cumulative net profit for the third quarter of thi¡¦
President Lee Jae-keun of KB Bank. (Photos: KB Bank)KB Kookmin Bank announced on Oct. 31 that it will reorganize KB Star Banking¡¯s asset management service to make it easier and more convenient to use.KB Star Banking¡¯s asset management service will be reorganized with an intuitive UI/UX that allow¡¦
President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on Oct. 18 that it has launched the Video Call Real Name Verification Service for Foreigners to enhance convenience in digital financial services for foreign customers. The Video Call Real Name Verification S¡¦
President Lee Seung-lyul of Hana Bank. (Photos: Hana Bank)Hana Bank announced that the bank has been selected as the ¡°Best Sub-Custodian Bank in Korea 2024¡± by Global Finance, a US global financial and economic publication. At the Global Finance Transaction Banking Awards 2024, held in Beijin¡¦
President Lee Suk-yong of NongHyup Bank. (Photos: NongHyup Bank)NongHyup Bank announced on Nov. 1 that it launched ¡°NH AllOne Teenz Passbook¡± and ¡°NH AllOne Teenz Installment Savings¡± exclusively for minors to help them establish good financial habits. NH AllOne Teenz Passbook waives e-fina¡¦
Chairman Kim Chul-ju of the Korea Life Insurance Association (KLIA). (Photos: KLIA)The Korea Life Insurance Association (KLIA) provides useful insurance product information to consumers through the New Product Introduction Series on its YouTube channel (youtube.com/kliapr). The program explains¡¦
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Business/Company
(From left) Toyota Tsusho President & CEO Toshimitsu Imai, Circular Economy Division COO Masaharu Katayama, LG Energy Solution CSO Kang Chang-beom and LG Energy Solution CEO Kim Dong-myung pose for a photo at a JV signing ceremony on June 19. (Ph¡¦
LG Chem Vice Chairman & CEO Shin Hak-cheol. (Photos: LG Chem)LG Chem announced on May 8 that it had hosted the Zemi-CONNECT Global symposium in Bangkok, Thailand, gathering over 120 endocrinologists from Korea, Thailand, and the Philippines. ¡¦
Models introduce Samsung Electronics¡¯ Galaxy S25 Edge, a category-defining slim smartphone joining the Galaxy S series, which went on sale in Korea from May 23. (Photo: Samsung Electronics)Samsung Electronics on May 13 revealed the full specificatio¡¦
Chairman Cho Won-tae of Hanjin Business Group. (Photo: Korean Air)Chairman Cho Won-tae of Hanjin Business Group, concurrently CEO of Korean Air, said, ¡°Korea¡¯s next government should prioritize ways of protecting the Korean aviation industry from t¡¦


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