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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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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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Seoul Tourism Organization announced Seoul’s tourism trends for the year 2026 “V·I·T·A·L·I·T·Y.” (Photos: STO)Seoul Tourism Organization (STO) announced Seoul’s tourism trends for the year 2026 - “V·I·T·A·L·I·T·Y.” With a goal of …
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▲ 2026년 시무식_최철규 대표이사 직무대행이 신년사를 하고 있다.강원랜드(대표이사 직무대행 최철규)가 1월 2일 하이원 그랜드호텔 컨벤션홀에서 2026년 병오년(丙午年) 새해를 맞아 시무식을 개최했다고 밝혔다.최철규 대표이사 직무대행을 비롯한 임직원 300…
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A poster to promote the 2025 Seoul Winter Festival taking place from Nov. 12 until Jan. 4, 2026. (Photos: SMG) Seoul’s downtown areas were transformed into a fascinating winter city with Santa villages and K-content events to enjoy, including p…
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A whole view of High1 Ski Resort, owned by Kangwon Land. (Photos: Kangwon Land)High1 Ski Resort, owned by Kangwon Land, heralded the start of the 2025/2026 ski season by officially opening the Athena III-1 slope and snow sled site on Nov. 28. Hi…
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