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Chairman Kim Yong-hwan of NH Financial Group.
NongHyup Financial Group Inc. said on Oct. 26 that its third-quarter earnings increased nearly 3 percent on-year thanks to strong revenue and less money set aside to cover bad debt.
Net profit reached 182.7 billion won ($162.2 million) in the July-Sept…
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A view of an opening ceremony of the Industrial Bank of Korea’s Kangaroo Store in Suwon, Gyeonggi Province. IBK President Kwon Seon-joo is among the store’s staff, officials of IBK and officials from the Holt Children Welfare in the ceremony held recently in Suwon, Gyeonggi Province.(Photo: IBK)
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President Lee Kwang-goo of Woori Bank. (Photo: Woori Bank)South Korea’s government has sold a $2.1 billion stake in Woori Bank to multiple investors in its latest bid to privatize the lender and recoup taxpayer money it pumped in to bail out the lender some two decades ago, according to the country…
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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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9월 18일, 국회도서관 대강당에서 열린 ‘AI 모빌리티 경제와 고속도로 공간 혁신 정책토론회’에서 함진규 한국도로공사 사장(왼쪽에서 일곱 번째), 전현희 국회의원 (왼쪽에서 여섯 번째)과 참가자들이 기념 촬영을 하고 있다.한국도로공사(사장 함진규)는 전현희 더…
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President Song Byeong-eok of Sudokwon Landfill Site Management Corp. (SLC) (Photos: SLC)Sudokwon Landfill Site Management Corporation (SLC) held the 2025 Dream Park Resources Circulation Forum at KINTEX in Goyang, north of Seoul, on Aug. 27. The…
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President Choi Moo-yeol of the Korea Forestry Promotion Institute (KOFPI). (Photos: KOFPI)Korea Forestry Promotion Institute (KOFPI), under the umbrella of the Environment Ministry, held an event to mark the opening of a “forest carbon offset market…
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Participants pose for a photo in at the Joint Forum on Preparing for North Pole Routes in the National Assembly Library Auditorium on Sept. 18. (Photo: YGPA)Yeosu Gwangyang Port Authority (YGPA) announced that it held the Joint Forum on Preparing for…
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