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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 Sohn Tae-seung of Woori Bank. (Photo: Woori Bank)Woori Bank is on track to accomplish the seven management tasks laid out by Chairman Sohn Tae-seung when he took over the helm of the bank last December.The tasks included securing a foundation for stable profit, expansion of the global netw…
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Chairman Lee Dong-gull of Korea Development Bank. (Photo:KDB)Chairman Lee Dong-gull said Korea Development Bank(KDB) and all other state-run banks, commercial banks, foreign banks and financial organizations should participate in the inter-Korean economic projects to ease the risks. He made the stat…
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President Kim Do-jin of the Industrial Bank of Korea(IBK). (Photo: IBK)The Industrial Bank of Korea (IBK) logged the largest first half net profit since 2011 at 937.2 billion won, up 17.2 percent year-on-year, the bank announced on July 26. The net profit in the first half of 2011 amounted to 993.1 …
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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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