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President Ahn Min-soo of Samsung Fire and Marine Insurance Co.
South Korean non-life insurance companies are expected to report better earnings in the July-September period thanks to an improvement in the auto insurance segment despite a prolonged low-interest-rate environment.
According to Korea…
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Chairman Park Hyun-joo of Mirae Asset Group.(Photo: Mirae Asset Group)
Mirae Asset Daewoo will introduce Vietnam CB Fund in Korea scaled at 67 billion won, which is projected to earn more than 30 percent in Vietnam.
Mirae Asset Group said on Oct. 19 it is slated to introduce the No. 1 Linos Vietna…
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A Kookmin Card’s credit card with the credit card firm to introduce Blockchain for personal verification to verify the online financial transactions for the first time in Korea.(Photos: Kookmin Card).
KB Kookmin Card may become the first credit card operator in Korea to introduce the Blockchain te…
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Chairman Yoon Jong-kyoo of KB Financial Group leads the officers and staff of the financial group at a rally to continue to go all-out to make the group to hold on to its leading position in earnings in the financial industry(Photo: KFG)
KB Financial Group’s Net Interest Income (NII) for Q3 reache…
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President Lee Kwang-goo of Woori Bank.
The South Korean lender announced Oct. 26 that it received final approval from the Philippine’s financial authority to take over a 51 percent stake in Wealth Development Bank for 30 billion won ($26 million). With the stake purchase, Woori Bank will become th…
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President Ryu Sang-ho of Korea Investment and Securities Co.
Korea Investment and Securities bought some 1.5 trillion won worth of real estate abroad so far this year, the most among Korean securities firms, boosting investments in overseas real estate to diversify its assets due to a worsening fin…
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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…
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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…
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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 …
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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…
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The Federation of Construction Associations (FCA) Chmn. Han Seung-goo.The Federation of Construction Associations (FCA) has been intensifying all-round activities to prevent serious industrial disasters from construction sites and boost awareness of …
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Samsung C&T E&C Group has placed 1st for the 12th consecutive year in the latest annual Construction Capability Assessment, announced by the Ministry of Land, Infrastructure and Transport (MOLIT). Hyundai E&C and Daewoo E&C ranke…
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Samsung C&T CEO and President Oh Se-chul and CEO Sheikh Mohammed Al-Thani of Qatar Free Zone Authority (QFZA) sign an MOU on joint investment and technology cooperation for sustainable infrastructure in Qatar on May 25 in Doha as Yoon Hyun-su, Am…
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Daewoo E&C Chmn. Jung Won-ju shakes hands with Mozambican President Daniel Chapo during the former’s visit in which they discussed ways of extending businesses and promoting cooperation. (Photos: Daewoo E&C)As Daewoo E&C is expected to a…
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