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Economy/Finance
President Kim Kyu-ok of the Korea Technology Credit Guarantee Fund(kibo).(Photo: Kibo) The Financial Services Commission (FSC) has officially taken up the matters related to turning Korea Technology Credit Guarantee Fund (Kibo) into a corporation, with the fund now reassigned to the Ministry of SME¡¦
Chairman Shin Chang-jae of Kyobo Life Insurance Co.(Photo: Kyobo Life Insurance) Kyobo Life Insurance Co. led the life insurance industry in Korea for the past 60 years after wisely overcoming a number of crises, including the foreign exchange and global financial crises. At the center of its strat¡¦
President-designate Lee Dong-bin of Suhyup Bank. (Photo: NFFC) Lee Dong-bin, former vice president of Woori Bank, has been nominated as the new president of the Suhyup Bank. The Bank President Recommendation Committee of Suhyup Bank announced on Oct. 18 that the committee nominated the former vice¡¦
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¡¦
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¡¦
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 ¡¦
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 ¡¦
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.¡¦
(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¡¦
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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Business/Company
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Chmn. Lee Jay-hyun of CJ Group, a member of an economic delegation who accompanied President Lee Jae-myung on a Korea-U.S. summit, poses with other delegates prior to the ¡°Korea-U.S. Business Roundtable¡± at Willard InterContinental Washington in Wa¡¦
David Kim, CEO of LG Energy Solution. (Photos: LG Energy Solution)LG Energy Solution has struck a contract to supply EV batteries worth an estimated some 15 trillion won to Mercedes-Benz. The deal involves an over 100GWh huge capacity. The lates¡¦
Korean Air struck an MOU to buy 103 next-generation, high-efficiency passenger aircraft and revealed a plan to purchase 19 reserve engines and sign a maintenance service contract at Willard InterContinental Washington in Washington DC on Aug. 26. Amo¡¦


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