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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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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 …
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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…
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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…
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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…
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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…
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Dignitaries, including Korea Credit Guarantee Fund (KODIT) Chairman Hwang-Rok, participate in a ceremony to celebrate the 20th anniversary of the Credit Insurance System at the ICC Hotel in Daejeon on Sept. 6.(Photo: KODIT)
Korea Credit Guarantee Fund (KODIT) celebrated the 20th anniversary of the …
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Chairman Kim Jung-tae of Hana Financial Group.(Photo: HFG)
Chairman Kim Jung-tae of Hana Financial Group has been stressing the importance of investment banking (IB), urging the heads of the group’s affiliates not to be afraid of risks in expanding the IB operation.
At a dinner in early August wi…
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President Jeong Yong-sik of the Korea Transportation Safety Authority (TS) speaks at a ceremony to declare an accident-free integrated campaign at Seoul Railroad Station on April 30, 2025.Traffic accidents have been reduced by 19 percent thanks to th…
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MOTIR Minister Kim Jung-kwan, Woori Bank President Jeong Jin-wan and K-SURE Chmn. Jang Young-jin attend a ceremony to sign an MOU to expand a 3 trillion won productive-finance program for exporters at K-SURE headquarters in Jongno-gu, Seoul, on April…
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KOTRA President Kang Kyung-sung shakes hands with Olli Ruutu, Finland’s director general of resource policy and national armaments director, after they struck a government-to-government deal to export K9 self-propelled howitzers to Finland in Helsin…
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President Kim Deok-ho of the Agency for Korea National Food Cluster joins agency officials to cut the cake at a ceremony to celebrate its 15th anniversary on April 3. (Photos: Agency for Korea National Food Cluster)Agency for Korea National Food Clus…
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