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A group of dignitaries clap hands at the opening of the IBK’s Changkong branch in Guro-dong, Seoul,Oct. 1, led by Chairman Choi Jong-gu of Financial Services Commission, 3rd L, Rep. Min Byung-doo , chairman of the National Assembly Political Committee, 3rd R, and President Kim Do-jin of the Industr…
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Chairman Shin Chang-jae.Kyobo Life Insurance has moved to reform its operation centered on financial planners. It aims at strengthening its overall marketing operation with CEO Shin Chang-jae directly getting reports from assistant managers operating at jobsites across the country.The biggest change…
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Chairman Kim Yong-duk of the Korea Non-Life Insurance Association. (Photo: KNIA)South Korea is the world’s seventh largest insurance market, worth an estimated $14 billion in non-life and $34 billion for life insurance, second only to China in Asia. If the FTA with is ratified, domestic insure…
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Chairman Park Hyeon-joo of Mirae Asset Daewoo Group. (Photo: Mirae Asset Daewoo Group)Domestic securities firms generated much more profits from their overseas operations in the first half of this year than when they first started two years ago. Overseas sales amounted to $66 million, up 17 times co…
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Chairman Kwon Yong-won of the Korea Financial Investment Association(KOFIA)Korea Financial Investment Association (Kofia) will make sure that stock transactions using company funds to purchase shares and dividends for individuals are more clearly defined. Kofia will take action from the first quarte…
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President Wi Sung-ho of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank won the 2018 Fintech Grand Award in the Service Sector for providing tailor-made financial services by combining six apps, including Shinhan S Bank and Sunny Bank under its Shinhan Bank SOL platform, which already attracted 6.5…
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Chairman Cho Yong-byeong of Shinhan Financial Group. (Photos: SFG) Joseph Y. Bae, Co-president.(left) George R. Roberts, Chairman of KKR.Kohlberg, Kravis and Roberts (KKR), a global PEF, will soon become a major shareholder of Shinhan Financial Group when it acquires around 3.55 percent of the…
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President Hur Yin of KB Kookmin Bank.KB Kookmin Bank has been focusing on supporting SMEs’ reformed growth and expanding its role to introduce funds to strengthen its role as a leading financial institution.The bank has been releasing funds based on the possibility of growth, not necessarily based …
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Chairman Yoon Jong-kyoo of KB Financial Group speaks at a ceremony for the opening of KB Kookmin Bank’s third branch in Cambodia early last year. (Photo: KB Financial Group)Chairman Yoon Jong-kyoo has been on a trip to Southeast Asia after stopovers in Beijing and Shanghai in a bid to speed up KB F…
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Chairman Kim Kwang-soo of NH Financial Group. (Photo: NHFG) NH Financial Group has been pushing globalization and digitalization as the two main points of its management strategy this year, with a special emphasis on globalization as the initial year for the push. The group targets generating 10 per…
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President Yoon Seog-dae of Korea Water Resources Management Corp. (K-water) poses with ambassadors to Korea from the EU and four EU member states as they toured K-water headquarters and research institute on May 13. (Photo: K-water)Korea Water Resour…
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President Kang Kyung-sung of Korea Trade-Investment Promotion Agency (KOTRA) and other KOTRA participants gesture while posing at an extended strategy meeting of trade and investment in the African region in Cape Town, South Africa, on May 30. (Photo…
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Gyeonggi-do Gov. Kim Dong-yeon, Kakao President Jeong Shin-ah, Namyangju Mayor Joo Kwang-deok and President Lee Han-joon of Korea Land and Housing Corp. (LH) pose for a photo after they signed a contract on the investment of the “AI-based digital hu…
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Jeollanam-do Gov. Kim Young-rok poses with other participants of a meeting with private and public sector representatives of the region at Yeosu City Hall on June 2 in which they discussed strategies to bring COP33 to Yeosu. (Photo: Jeollanam-do)Jeol…
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