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President Ham Young-ju of KEB Hana Bank.KEB Hana Bank has joined the one of government’s core policies to create jobs through “productive finance” and “income-led” economic growth. Its plan established in March calls for providing 15 trillion won in loans by 2020.The loans will go to four major…
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President Lee Tae-hoon of NH Bank.NH Bank provided a free consultation to Mr. A on how to turn his private business into a corporation to avoid high taxes levied on the earnings of private businesses.Thanks to the consultation, he successfully completed the legal work to turn his private business in…
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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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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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Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol presides over a related ministers’ taskforce meeting on managing of general prices at the Seoul Government Complex on July 24 in which he said Korea will likely see its national…
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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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