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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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Chairman Eun Song-soo of the Import and Export Bank of Korea(Korea Eximbank),left, beams after signing an EDCF loan agreement with Chairman Tarek Gamal El-Din Galal of the Egyptian Authority for Tunnels on Aug. 28 at Korea Eximbank’s Seoul head office in Seoul. (Photo: Korea Eximbank)Chairman Eun S…
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President Moon Chang-yong of Korea Asset Management Corp.(KAMCO).Korea Asset Management Corp. (KAMCO) held a meeting with a group of 11 Vietnamese officials including Chief Pham Thanh Tam of the Financial Market of the Finance Ministry of Vietnam on the 47th floor of the Busan International Financia…
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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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Samsung Electronics Chmn. Lee Jae-yong and Mistral AI CEO Arthur Mensch struck an investment agreement at the Elysee Palace in Paris on Aug. 8. (from left) Samsung Electronics Executive Vice President Lee Jong-myung, Samsung Electronics Chmn. Lee Jae…
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Lotte Group Chmn. Shin Dong-bin, KAIST President Bae Choong-sik and other attendants cut the ribbons at a ceremony to dedicate the“Lotte X KAIST R&D Center” at KAIST head office in Daejeon on Sept. 11. (Photo: Lotte Group)KAIST held a ceremony …
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Chairman Seo Kyung-bae delivers a commemorative address online to mark the 81st anniversary of Amorepacific Group on Sept. 4. (Photo: Amorepacific Group)Marking its 81st anniversary, Amorepacific Group will accelerate its push into the global market,…
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Chairman Lee Jay-hyun of CJ Group. (Photos: CJ Group)CJ ENM announced on Sept. 7 that two branded FAST channels, “CJ ENM K-Stories” and “CJ ENM K-Pop,” launched on Prime Video in the U.S. Both are available for free on Prime Video, with programmi…
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