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President Moon Jae-do of the Korea Trade Insurance Corp.
The Korea Trade Insurance Corp. (K-sure) has recently recovered $3.7 million worth of non-performing loans from Nigeria. The recovered money is part of export bonds worth $12.8 million a Korean trade company did not receive from a Nigerian ba…
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IBK Head Office building. (Photo: IBK)The Industrial Bank of Korea is out to support its SME clients go through restructuring with diverse financial means. Its slogan, “Finance right and we can succeed together,” was set up following its Companion Finance declaration at a recent ceremony.At the mo…
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Chairman Hwang Young-key of the Korea Financial Investment Association(KOFIA).(Photo: Kofia)
Chairman Hwang Young-key of the Korea Financial Investment Association (Kofia) said the association has requested to the National Assembly that it should take actions to expand the lending limits placed on …
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Chairman Cho Yong-byeong of Shinhan Financial Group.(Photo:SFG)
Chairman Cho Yong-byeong of Shinhan Financial Group called for reforms over and beyond those performed in the financial industry to achieve its target of being a leading financial group in Asia in 2020 and also its position as the top …
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Chairman Yoon Jong-kyoo of KB Financial Group reelected for another term. (Photo: KB Financial Group)
Chairman Yoon Jong-kyoo of KB Financial Group is certain to serve another term with the Expanded Managerial Structure Committee of the group ready to recommend him as the next chairman on Sept. 26.…
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(from left) KEB Hana Bank President Ham Young-joo, Hana Financial Group Chairman Kim Jung-tai, President Min Ung-jun of Finnq Co., and SK Telecom President Park Jung-ho participate in a ceremony to release the financial application Finnq at the KEB Hana Bank headquarters in Myeongdong, downtown Seou…
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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 …
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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.…
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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 …
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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 …
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Secretary General To Lam of the Vietnamese Communist Party, escorted by BPA President Song Sang-geun, looks around the seventh wharf of Busan New Port, the nation’s first fully automated terminal, on Aug. 13. (Photo: BPA)Busan and Vietnam are streng…
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Jeollanam-do Gov. Kim Young-rok and other participants pose for a group photo while attending a policy session on Yeosu and Gwangyang ports, hub ports for Artic routes at the provincial government building on July 11. (Photo: Jeollanam-do)Yeosu Gwang…
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President Lee Jae-myung and First Lady Kim Hae-kyung attend a ceremony to receive a letter of “light appointment” from 80 national representatives, at the Gwanghwamun Plaza in Sejong the Great Boulevard in Seoul on Aug. 15, symbolizing popular sove…
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Incheon Mayor Yoo Jeong-bok announces Incheon’s AI innovation vision at the AI vision announcement and contract signing ceremony at Incheon Startup Park in Yeonsu-gu, Incheon, on Aug. 4. (Photo: Incheon City)The Incheon City government said the muni…
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