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A view of the building in Seoul where NH Financial Group.Chairman Kim Gwang-soo of NH Financial Group. (Photos: NHFG)Chairman Kim Gwang-soo of NH Financial Group said the group’s overseas earnings would amount to around 100 billion won by 2022 as the group plans to boost its overseas operations to …
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A key group of executives of Woori Financial Group and the guests applaud as the official launch of the financial group is announced led by Chairman Sohn Tae-seung. Chairman Choi Jong-gu of the Financial Services Commission also attended the event held on Jan. 14 at the Woori Bank building in Seoul.…
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President Kim Do-jin of the Industrial Bank of Korea(IBK) gives his New Year’s speech at a ceremony held on Jan. 2 at the bank’s head office in Eulziro, downtown Seoul. (Photo:IBK)President Kim Do-jin, in his New Year’s address, said IBK should always be prepared to deal with uncertainty and pote…
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Chairman Shin Chang-jae of Kyobo Life Insurance Co. (Photos: Kyobo Life)Chairman Shin Chang-jae of Kyobo Life Insurance Co. in his New Year’s address on Jan. 2 said Kyobo has to speed up digital reform centered on customers. “We should digitalize the entire operational processes from the subscript…
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Chairman Park Hyeon-joo of Mirae Asset Group.Mirae Asset Daewoo took over a new logistics center being run by Amazon, the largest e-commerce firm in the world, for $78 million on Dec. 26 from its owner the USA Real Estate Co., the company said. The distribution center is located in Atlanta, Georgia,…
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President Jeong Young-chae of NH Investment & Securities Co. NH Investment & Securities published a book on its achievement in having 40,000 times more capital on Jan. 16 - its 50th anniversary – than it did 50 years ago. The company also set up a memorial hall to remember the notable …
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President Chung Il-moon delivers his inaugural speech at a ceremony held on Jan. 7 at Korea Investment & Securities Co.President Chung Il-moon of Korea Investment & Securities Co. (KIS) said the securities firm’s operating profit will be boosted to 1 trillion won this year and its net profi…
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President Lee Dae-hoon of NH Bank explains the bank’s plan for the new year at a session of the HI Jobsite Management 2019 held at the NH Financial Group’s South Gyongsang Province Regional Headquarters in Changwon on Jan. 19. (Photo: NH Bank)President Lee Dae-houn of NH Bank in his New Year’s sp…
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Chairman Eun Sung-soo of the Export-Import Bank of Korea (Eximbank).Chairman Eun Sung-soo of the Export and Import Bank of Korea (Korea Eximbank), in his New Year’s speech, said the bank will seek out export-type new growth companies in the new year, support them to expand the base of the country’…
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Key executives of Woori Bank, led by President Sohn Tae-seung, are pictured holding each letter declaring 120th Anniversary of the bank at a ceremony held on Jan. 4 at Plaza Hotel in downtown Seoul. (Photo: Woori Bank)Woori Bank celebrated its 120th anniversary on Jan. 4 at the Plaza Hotel in down t…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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