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Chairman Won Jong-kyu, 2nd R, is on his June 1 visit to the Zurich office of Korea Reinsurance Switzerland AG in Switzerland. (Photo: Korean Re)Korean Reinsurance Co. (Korean Re) recently set up a local subsidiary in Switzerland, the second one following a new subsidiary in Britain under the company…
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Chairman Kwon Yong-won of Korea Financial Investment Association.(Kofia) (Photo: Kofia)Foreign investors snapped up Korean bonds in May and sold off Korean stocks. The purchase of the Korean bonds in the month amounted to more than 10 trillion won, the largest-ever monthly purchase of the Korean bon…
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윤대희 신용보증기금 이사장(앞줄 왼쪽에서 네 번째)이 25일 서울 마포구 서울창업허브에서 개최된 ‘2019년 신용보증기금 4.0창업경진대회’에서 참가자들과 함께 기념촬영을 하고 있다.신용보증기금(이사장 윤대희)은 지난 25일 서울 마포구 서울창업허브에서 ‘2019년 신용보증기금 4.0창업경진대회’를 개최했다고 26일…
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State-run financial organization renews its mission to help SMEs to be at the center of resurgence of Korean economy, leading financial reform and realizing social valuesPresident Yoon Dae-hee of Korea Credit Guarantee Fund (Kodit). (Photos: Kodit)Korea Credit Guarantee Fund (Kodit) celebrated its 4…
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Chairman Kim Jung-tai of Hana Financial Group. (Photo: HFG)Hana Financial Group is well on its way to providing 20 trillion won in support to startups and venture firms in investments and loans in the next three years to help them to develop the needed new technologies to give them a competitive adv…
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Chairman Kim Gwang-soo looks back at the initial year of his achievements at a media briefing session on May 8. (Photo: NHFG)Chairman Kim Gwang-soo of NH Financial Group said he will lead the group to find an international partner to come up with a new joint venture model before the year is out. He …
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President Jin Ok-dong of Shinhan Bank.Shinhan Financial Group (Shinhan Bank), South Korea’s oldest bank, has unveiled a blockchain-based platform to hasten loan processes, Shinhan Bank said on May 27.The new system will utilize blockchain technology to verify loan applications and documents without…
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President Kim Do-jin of the Industrial Bank of Korea. (IBK) (Photos:IBK)The Industrial Bank of Korea (IBK) emerged as a “Big Hand” in the entertainment industry following key investments in a number of films and musicals that turned out huge profits.Financial sources said on Feb. 17 that the bank …
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President Jeong Young-chae of NH Investment & Securities Co.NH Investment & Securities Co. (NHIS) has been selling the Fidelity Global Dividend Income Fund, which has been investing in a number of selected business firms around the world based on their dividend payment and large growth poten…
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President Lee Dong-cheol of KB Kookmin Card.KB Kookmin Card will no longer automatically issue paper receipts for transactions less than 50,000 won from July 1, as the credit card firm decided to introduce selective issuance system so cardholders can decide whether or not to get receipts for transac…
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A poster to publicize a national briefing session on the three mega projects “for Korea’s Great Leap Forward” at the State Guest House of the Cheong Wa Dae on June 29. (Photo on the courtesy of the Office of the President)The Korean government wil…
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Seoul Mayor Oh Se-hoon delivers his inaugural address during the 40th Seoul Mayor’s inauguration ceremony at Seoul City Hall on July 1.On the first day of his fifth term in office, Seoul Mayor Oh Se-hoon again brought up ‘youth’ as the key keyword…
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Min Hyung-bae, mayor of Jeonnam-Gwangju Special Metropolitan City, takes the oath of office at Main Assembly Hall of the City Council in Muan on July 1. (Photo: Jeonnam-Gwangju Special Metropolitan City)Min Hyung-bae, went down in history as the firs…
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Gyeongju Mayor Joo Nak-young explains the direction of city administration, including growth strategies to lead the future of Gyeongju and a vision for the next four years, in a meeting with reporters at Alcheon Hall in Gyeongju City Hall on July 15.…
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