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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 of Trade, Industry and Energy Ahn Duk-geun delivers a commemorative speech at a ceremony to celebrate the 17th anniversary of Semiconductor Day at Grand InterContinental Hotel Seoul Parnas in Gangnam-gu, Seoul, on Nov. 22. A ceremony to…
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Dignitaries, including First Vice Minister Jang Young-jin of the Ministry of Trade, Industry and Energy (MOTIE) and Co-Chairman Kang Sung-hyun of the Joint Promotion Committee of Korea sale FESTA 2023, pose for a photo at an opening ceremony for the …
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Notables, including Minister Nam Sung-hyun of Korea Forest Service (KFS) and Rep. Hong Moon-pyo of the People Power Party, Chairman So Byung-hoon of the National Assembly Agriculture, Food, Rural Affairs, Ocean and Fisheries Committee, attend a cerem…
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An image to publicize Smart GEO Expo 2023, to be held at KINTEX in Goyang, north of Seoul, from Nov. 8 to Nov. 10. (Photos: MOLIT)Celebrating the 15th anniversary, Smart GEO Expo 2023 will be held at KINTEX in Goyang, north of Seoul, from Nov. 8 to N…
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