President Lee Kwang-goo of Woori Bank. As many as 16 financial institutions and private equity funds from home and abroad have entered the preliminary bid for Woori Bank, whose government stake of 30 percent has been offered in splinters of 4 percent to 8 percent after four previous lump-sum privat…

Chairman Han Dong-woo of Shinhan Financial Group is with Prime Minister Hwang Kyo-ahn, right, who presented him with the Gold Tower Medal given by the Korea Productivity Center for his contribution to the reform of production activities in Korea this year. (Photo: Korea Productivity Center) Chairma…

Chairman Yoon Jong-kyoo of KB Financial Group. KB Financial Group continues to do well as its third quarter profit is projected to hit 500 billion won, building upon its solid first half 1.125 trillion won profit, up 19.1 percent year-on-year. The group’s overall performance so far this year has …

A number of dignitaries and officials of the International Private Banking Center of the Hana Bank in Gangnam, Seoul, cut the tape in an opening ceremony led by Chairman Kim Jung-tai of Hana Financial Group.(Photo: Hana Bank) Hana Financial Group has been boosting the number of its multi-purpose br…

Chairman Kim Yong-hwan, L, of NH Financial Group shakes hands with President Rudi G. Sadikin of Bank Mandiri after signing an MOU on cooperation between their two respective financial institutions in various financial areas including banking, insurance, securities, leasing and micro-financing, among…

IBK President Kwon Seon-joo The Industrial Bank of Korea (IBK) has been preparing for the age of low-birth and an aged society by expanding financial products that can be transacted without customers visiting banking outlets in what’s called “non face-to-face transactions,” and expanding its ove…

Sr. Vice Chairman Choi Hyun-man of Mirae Asset Securities who has been tapped as the next CEO of Mirae Asset Daewoo; President Cho Woong-ki who is named to be the sole CEO of Mirae Asset Securities; President Ma Deuk-rak to be promoted to president of Mirae Asset Daewoo.(Photos: Mirae Asset Manageme…

President Ahn Man-soo of Samsung Fire and Marine Insurance Co. Samsung Fire and Marine Insurance Co.(SFMI)  introduced a new non-life insurance product called “Healthy Life with Everything Gathered” five months ago, and the number of subscribers of the integrated insurance product has alread…

President Yoon Woong-won of KB Kookmin Card.An ad introducing "KB Kookmin Alpha One Card,"  a fintech product,which was launched by the credit card company in September to give more benefits to its holders.(Photos:KB Kookmin Card) KB Kookmin Card, the credit card unit of Kookmin Bank, said tha…