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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Bank recorded one of its best-ever operating profits last year, totaling 2.019 trillion won in net profit in 2018, up 33.5 percent YoY, the bank announced on Feb. 11.The bank said its 2.29 trillion won operating profit for 2006 rema…
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President Kim Do-jin of the Industrial Bank of Korea(IBK). (Photo: IBK)The Industrial Bank of Korea said its net profit amounted to 1.764,4 trillion won in 2018, up 17 percent YoY, the largest in its history. The bank said it and its affiliates’ outstanding loans with SMEs came to 151.6 trillion wo…
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Chairman Park Hyeon-joo of Mirae Asset Daewoo Group. (Photos: Mirae Asset Daewoo)A bird’s eye view of the TSX Broadway Project for a 46-storey multiplex building including a hotel, offices and shops on the site of a 106 -year old theater in Broadway in New York in which Mirae Asset Daewoo invests $…
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President Jeong Young-chae of NH Investment & Securities Co.“NongHyup seeks to expand mostly in Southeast Asia where it can help boost agriculture financing, investment banking, retail banking and microfinance. Our main Southeast Asian base will be Vietnam.”Vietnam’s population is “young” w…
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Chairman Lee Dong-geol of Korea Development Bank (KDB). (Photo:KDB)Korea Development Bank (KDB) has taken up an experiment to turn itself into an advance base for the 4th Industrial Revolution. How? It plans to funnel some 14.5 trillion won in loans and investments to business firms related to the n…
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Executive Vice Chairman and CEO Choi Hyun-man of Mirae Asset Daewoo Securities Co.Executive Vice Chairman and CEO Choi Hyun-man of Mirae Asset Daewoo Securities Co.Mirae Asset Daewoo invested 500 billion won in its Hong Kong affiliate to increase its capital with funds the company got from the sale …
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President Lee Dae-houn, 2nd left, of NH Bank, meets with Director Allen Awoo in charge of the Banking Sector of the Hong Kong Financial Authority.President Lee Dae-houn of NH Bank, left, shakes hands with President Steven Phillips of the Hong Investment Office in Hong Kong. (Photos: NH Bank)Presiden…
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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Chairman Sohn Tae-seung of Woori Financial Group issued a special order to Woori Bank to double the number of its SME customers this year. To go after the chairman’s special order, the bank boosted the number of Operational Headquarters …
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Chairman Cho Yong-byoung of Shinhan Financial Group.(Photos: Shinhan Financial Group) Jin Ok-dong, vice president of Shinhan Financial Holdings to take over as the CEO of Shinhan Bank. / Vice president Kim Byung-cheol of Shinhan Financial Investment has been promoted to president of the company…
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photos: KBFG)Chairman Yoon Jong-kyoo of KB Financial Group said in his New Year’s address that 2019 should the year that the financial group consolidates its position as the top financial group in the country by widening the gap with the second leadin…
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Minister Hwang Jong-woo of the Ministry of Oceans and Fisheries (MOF), Vice Mayor Hwang Ki-yeon of Jeonnam-Gwangju Special Metropolitan City, and Gwangyang Mayor Park Sung-hyun and President Choi Kwan-ho of Yeosu Gwangyang Port Authority participate …
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On Aug. 29, the government’s KDRT boards a helicopter for a search operation at a helipad of Kathmandu Airport, Nepal. (Photo: Ministry of Foreign Affairs)At 8:37 AM on Aug. 26, 2026, a massive glacier collapse occurred near the border between Nepal…
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KBIZ Standing Vice Chmn. Oh Ki-ung, ISPF Chmn. Ahn Kyung-duk and President Lee Byung-hee of Korea Labor Research Institute pose for a photo as they attended a policy debate on eliminating of industry safety gap among large-sized companies and SMEs at…
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President Byeon Jae-young of Ulsan Port Authority (UPA) signs a tripartite MOU with Royal Wagenborg and Korea Overseas Business Corp. to invigorate arctic shipping routes at BPA president’s office on Aug. 4.Ulsan Port Authority (UPA) said on Aug. 20…
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