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Chairman Moon Chang-yong of Korea Asset Management Corp(KAMCO), 4th R, and heads of the shipping firms hold an agreement on KAMCO purchasing 20 of their vessels they signed on May 15 to ease their financial pinches.
Korea Asset Management Corp. (KAMCO) will buy 20 ships from firms in financial dist…
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Dir. Gen. Kim Yoon-kyung of the International Financial Cooperation Bureau at the Ministry of Strategy and Finance (MOSF). (Photo: MOSF)
Deputy Prime Minister Yoo will deliver a speech at an opening session of the Board of Governors in which he is expected to announce a plan to expand Korea’s cont…
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Gov. Lee Ju-yeol of the Bank of Korea.
Gov. Lee Ju-yeol of the Bank of Korea cautioned that increases in exports due to optimistic economic views across the country cannot be sustainable due the protectionist sentiments in some major importer countries.
The central bank governor issued the warning…
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Chairman Lee Dong-geol of Korea Development Bank Group.(Photo: KDB)
Korea Development Bank (KDB) has been at the forefront of ushering in the 4th Industrial Revolution by helping build a new “growth intelligence system” and strengthen financial loan capacity.
The state-owned bank has been …
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Chairman Choi Jong-ku of the Export and Import Bank of Korea(Eximbank), right, shakes hands with Minister Ian Acosta Montalvan of the Finance Ministry of Nicaragua after signing an agreement to provide $70.59 million, an EDCF loan, to finance the Manama Circulatory Road Construction Project in Nicar…
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President Moon Chang-yong of Korea Asset Management Corp.(KAMCO).
Korea Asset Management Corp. (KAMCO) bought the assets of “C” Company, a maker of shipbuilding materials, for 19.3 billion won and leased them back to the company to help keep it operating. The move will help it pay off its financi…
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President Gwak Bum-gook of Korea Deposit Insurance Corp.
Korea Deposit Insurance Corp. (KDIC) paid 504 million won to compensate an informer to locate hidden assets of a savings bank, which is the largest ever amount paid by the company since its establishment some 20 years ago.
The KDIC has been …
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Chairman Cho Yong-byoung of Shinhan Financial Group delivers his speech at a meeting.
When Cho Yong-byoung took over as chairman of Shinhan Financial Group recently, he laid out his “2020 vision” to lead the financial group to be No. 1 in Asia within three years.
Shinhan is not the only financia…
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Chairman Yoon Jong-kyoo of the KB Financial Group. (Photos:KFG)
KB Financial Group will take up the Code 2017 Project as its strategic task for this year, Chairman Yoon Jong-kyoo declared in his New Year’s speech. The project is designed to push the digitalization of operations of the group and it…
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Chairman Kim Jung-tai of Hana Financial Group said in his New Year's speech the key word that is most often repeated inside the group has been “digital,” not “deposits,” “interest rates” or “services,” demonstrating that the age has arrived for financial business firms to compete with non-…
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Chairman Koo Ja-kyun of LS ELECTRIC poses with President Lee Jae-eon of Samsung C&T T&I Group and COO Kim Jong-woo of LS ELECTRIC after Samsung C& and LS ELECTRIC struck an MOU to jointly implement global new businesses at Samsung Main Bu…
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CEO Chon Jung-Son of POSCO E&C. (Photos: POSCO E&C)POSCO E&C celebrated the 30th anniversary of its founding on Dec. 1. Prior to that, the company held the “Exhibition to Record Challenging and Vow Innovation” to mark its dec…
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Daewoo E&C Chmn. Jung Won-ju poses with former Indonesian President Widodo after they had a meeting in which they discussed ways of promoting cooperation at Indonesia’s presidential palace in Jakarta on Oct. 18. (Photo: Daewoo E&C)Daewoo E&a…
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SK ecoplant President Kim Hyung-keun. (Photos: SK ecoplant)SK ecoplant is opening a model house for “Centumpark SK View,” an apartment complex to be sold in Yeonjae-gu, Busan, the company said on Oct. 11. The Centumpark SK View will have three…
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