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Chairman Lee Dong-gull of Korea Development Bank.(Photo: KDB)South Korean state lenders will put up 5 trillion won ($4.1 billion) in a government-sponsored fund to finance mergers and acquisitions to raise competitiveness and resilience of Korea Inc. against outside risk factors, such as trade barri…
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President Lee Dae-hoon of NH BankNH Bank has set up a special loan fund under the name of “NH Business Success Loan,” amounting to 3 trillion won, to be provided to companies sustain damages from the Japan’s unilateral trade sanctions against Korea.The bank announced on Aug. 12 that it will give …
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Chairman Park Hyeon-joo of Mirae Asset Group.Mirae Asset Financial Group is emerging as the leading bidder for a U.S. luxury hotel portfolio being sold by trouble Chinese insurer Anbang Insurance Group Co, people with knowledge of the matter said. An affiliate of Mirae is working to arrange financin…
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Chairman Shin Chang-jae of Kyobo Life Insurance Co. (Photos: Kyobo Life)Kyobo Life Insurance marked its 61st anniversary Aug. 7. and celebrated it with the publication of a book on its 60-year history.Founder Shin Yong-ho started the insurance firm with total assets of only 22 million won ($19,547) …
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A scene from an opening ceremony for Shinhan Vietnam Finance Company, a local affiliate of Shinhan Card, on July 2 in Ho Chi Minh City, Vietnam, attended by a number of key figures from both Korea and Vietnam led by Chairman Cho Yong-byeong of Shinhan Financial Group, President Lim Young-jin of Shin…
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지난 4월 실리콘밸리 ‘PLUG and PLAY’ 본사에서 악수를 나누고 있는 KB금융그룹 윤종규 회장(왼쪽)과 ‘PLUG and PLAY’ Saeed Amidi 대표(오른쪽)KB금융그룹(회장 윤종규)이 7월 31일 글로벌 엑셀러레이터인 ‘PLUG and PLAY’와 국내 금융권 최초로 스타트업의 글로벌 진출 지원 관련 전략적 제휴 협약을 체결하…
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Chairman Shin Yong-kil of the Korea Life Insurance Association. (KLIA) (Photo: KLIA)Korea Life Insurance Association (KLIA) selected over 13,100 life insurance planners around the country to help achieve a the company’s objectives, which the association has been doing since 2008, the company said o…
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President Kim Do-jin of the Industrial Bank of Korea, 5th R, leads a group of the partipants who represented the 12 universities, the Korea Scholarship Foundation, and the Youth Foundadtion, to name some, at the IBK Topmorrow Employment Expo held at Dongdaemun Design Plaza on July 3, to cheer for th…
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Chairman Sohn Tae-seung of Woori Financial Group attends a seminar on the prevention of money laundering provided to the group’s officers and staff held at the group’s head office in Seoul on April 19.Woori Bank has established a strengthened anti-money laundering surveillance system whose protoco…
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This photo shows Global X, a U.S. ETF operator, listing of its ETF destined for investments in the firms related to the cloud computing. Mirae Asset Management manages Global X.(Photo: Mirae Asset)Mirae Asset Daewoo will recommend the Global X Portfolio Consultation App, which is being advised by Gl…
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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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