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Chairman & President-designate Wi Sung-baek of the Korea Deposit Insurance Corp. Korea Deposit Insurance Corp. (KDIC) has been steadily maintaining its unclaimed deposits service to help customers claim their unclaimed money when their financial companies went bankrupt. The state-owned deposit i…
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A Key executives, led by President Chung Ji-won, of the Korea Exchange, applaud at a ceremony on May 23 to launch the new market watch system, EXIGHT, designed to seek out and prevent unfair trade practices at the Korea Exchange.KRX launched EXIGHT, an AI-based next-generation stock market watch sys…
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The participants in the Korea-China Financial Forum held at Shangri-la Hotel in Qingdao City in China on Aug. 30 including President Park Young-ho of the Busan International Financial Center, Deputy Mayor Liu Janagun of Qingdao City and President Li Yang of NIFD and others from the two countries org…
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Chairman Kwon Yong-won of the Korea Financial Investment Association(KOFIA)Chairman Kwon Yong-won of the Korea Financial Investment Association (KOFIA) said the default option system should be included in the funding-type retirement pension system when the National Assembly goes over the system befo…
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Chairman Shin Yong-kil of Korea Life Insurance Association. (Photo: KLIA)South Korea’s life insurance companies’ net income grew 6.78% year-on-year in the first six months of 2018 as sales of securities boosted investment income, which helped offset a decline in premiums from savings-type products…
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Chairman Cho Yong-byoung of Shinhan Financial Group declares “One Shinhan” strategy during a ceremony for the 17th anniversary of the financial group held on July 3 at the group’s headquarters near South Gate in Seoul. (Photo: Shinhan Financial Group)Chairman Cho Yong-byoung has always promoted t…
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photo:KBFG)Chairman Yoon Jong-kyoo of KB Financial Group is ready to set up an investment banking unit to operate in New York next month to launch the group’s global IB plan. The move is intended to explore the IB market overseas, backed up by KB’s s…
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Chairman Kim Jung-tae of Hana Financial Group. (Photo:HFG)“Finance Growing Together” is the title of the most recent strategy that Hana Financial Group has been hard at work on this year to improve its results. The group emerged as a leading financial group in the country since the merger of Hana …
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President Kim Do-jin delivers his congratulatory speech at a ceremony on Aug. 1 celebrating the 57th anniversary of the Industrial Bank of Korea(IBK) held at the bank’s head office in Eulziro, downtown Seoul. (Photos: IBK)The Industrial Bank of Korea will work so hard that its funds will flow into …
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Chairman Kim Jung-tae of Hana Financial Group. (Photo:HFG)The Hana Financial Group logged the largest first-half net profit since setting up as a holding company at 1.303,8 trillion won, the group announced on July 20. The figures are up 26.5 percent YoY, the largest since the group came out with a …
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL chalked up more than 1.2 trillion won in operating profit on the back of inventory profit, caused by crude oil price hikes for the first quarter of this year, in results that surprised analysts.Pr…
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Chairman Chang Sae-joo of Dongkuk Steel Group. (Photos: Dongkuk Steel Group)Dongkuk Steel announced on April 24 that it posted sales of 857.2 billion won, an operating profit of 21.4 billion won, and a net profit of 6.2 billion won in the first quart…
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CEO Hur Sae-hong of GS Caltex talks with GS Caltex staff members at GS Tower in Gangnam-gu, Seoul. (Photo: GS Caltex)GS Holdings said in an electronic notice released on May 13 that the holding company of GS Group posted 6,842.4 billion won in revenu…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility said on April 23 that major Doosan Enerbility executives, including Chmn. Park Gee-won, embarked on efforts to promote cooperation to participate in a new power …
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