President Eun Seong-soo of the Export and Import Bank of Korea. (Photos: Eximbank) President Eun Seong-soo of the Korea Export and Import Bank (Eximbank) said he will try to find export-type new industries in the 4th Industrial Revolution and engage in market-friendly restructuring on the existing …

A view of the Eximbank building in Seoul.(Photo: Eximbank) The Export and Import Bank of Korea (Eximbank) said Aug. 25 that it signed a facility agreement (FA) with the central bank of Iran to facilitate the provision of 8 billion Euro (10.6 trillion won) in loans to Korean firms operating in Iran.…

Shinhan Financial Investment, the control tower for Shinhan Financial Group’s investment banking sector, is in the middle of taking a stake in Nova Land Group, a real estate development company in Vietnam, jointly with Intarcia Therapeutics, a U.S. bio-technology company. The price tag is set at …

Woori Bank is slated to issue the Webee Coin based on blockchain technology at the end of the year in a move to secure a dominant share of the digital currency market.  The bank’s plan has been drawing the keen attention of the financial industry, as it would be the first move by a bank to …

A view of the Samsung Life Insurance building in Seoul.(Photo: Samsung Life) Land and Housing Corp. (LH) is exporting a homegrown model of smart city technologies that it has developed. The exporting model integrates a wide array of advanced ICT, ranging from tap water to energy, transpiration and …

The KDB Social Service Volunteer Team members who helped  to deliver Chusok gift packages to the needy senior citizens in 350 homes in Seoul this year pose for a photo session in front of the Senior Citizens Welfare Home in Seoul.(Photo: KDB) New President Lee Dong-gull of the Korea Developmen…

President Kim Do-jin of the Industrial Bank of Korea. (Photos: IBK) The Industrial Bank of Korea (IBK) announced on Sept. 7 that it will launch the Start-up Support Master Program as part of the Companion Fund in support of the government’s initiative to seek out reformative businesses and help le…

Chairman Gwak Bum-gook of Korea Deposit Insurance Corp.(KDIC) chairs a meeting during the First Move 2017, an exercise for key financial institutions in Korea including the Financial Services Commission and the Bank of Korea to cope with the possible crisis for the financial institutions in the conn…

President Yoon Chang-yong of Korea Asset Management Corp. (KAMCO). (Photo: KAMCO) Korea Asset Management Corp. (Kamco) Sales and Lease Back Program has completed 200 billion won worth of deals, Kamco said recently. The arrangement involves the company buying struggling business firms’ assets and l…