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Chairman Kim Kwang-soo of NH Financial Group.(Photo: NHFG)NH Financial Group said Oct. 26 that its net profit over the first nine months of 2018 soared 47.9 percent on-year, thanks to a decline in loan-loss provisions and robust interest income.Net profit stood at 1.07 trillion won ($936 million) fo¡¦
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Chairman-designate Sohn Tae-seung of Woori Financial Group. (Photo: Woori bank)Woori Bank, a major South Korean commercial lender, said recently its third-quarter net profit soared 113 percent from a year earlier on the back of interest margin growth. Net profit came to 604.5 billion won ($529.2 mil¡¦
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President Kim Do-jin of Industrial Bank of Korea. (Photo: IBK)The Industrial Bank of Korea (IBK) said recently that its third-quarter net profit gained 15.9 percent from a year earlier, largely due to a decline in loan-loss provisions. Net income stood at 523 billion won ($459.3 million) on a consol¡¦
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President Lee Chae-kwang of Korea Housing and Urban Guarantee Corp. (Photos: HUG)Lee Chae-kwang, Korea Housing and Urban Guarantee Corp. (HUG) and CEO Mike Forster, Wilson Center COO, signed an agreement in a ceremony at the Wilson Center on August 16, 2018, to launch a joint research initiative on ¡¦
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Chairman Yoon Jong-kyoo of KB Financial GroupKB Financial Group posted 953.8 billion won in net profit in the 3rd quarter, up 6.3 percent YoY with the figures close to 1 trillion won, keeping its position as a leading financial group in Korea by beating it s closest rival Shinhan Financial Group wit¡¦
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Chmn. Lee Jay-hyun of CJ Group, a member of an economic delegation who accompanied President Lee Jae-myung on a Korea-U.S. summit, poses with other delegates prior to the ¡°Korea-U.S. Business Roundtable¡± at Willard InterContinental Washington in Wa¡¦
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David Kim, CEO of LG Energy Solution. (Photos: LG Energy Solution)LG Energy Solution has struck a contract to supply EV batteries worth an estimated some 15 trillion won to Mercedes-Benz. The deal involves an over 100GWh huge capacity. The lates¡¦
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Korean Air struck an MOU to buy 103 next-generation, high-efficiency passenger aircraft and revealed a plan to purchase 19 reserve engines and sign a maintenance service contract at Willard InterContinental Washington in Washington DC on Aug. 26. Amo¡¦
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