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Chairman Kim Yong-hwan of NH Financial Group.(Photo:NH Financial)
Chairman Kim Yong-hwan of NH Financial Group said on May 3 that the group may ask for increased down payments on loans from shipbuilders and maritime shipping firms whose financials have gotten poor. NH Financial is also considering …
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Chairman Yoon Jong-kyoo of KB Financial Group.
"We will strengthen the wealth management and corporate investment banking sectors and create synergy among the affiliates of KB Financial Group,” Chairman Yoon Jong-kyoo said in regards to his plan after taking over Hyundai Securities. “We will be a…
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A model holds an ad for Woori Bank’s ISA installment savings account.(Photo:Woori Bank)
Woori Bank started to sell the ISA products, joining forces with a savings bank named, “ISA Deposits and Installment Savings with Savings Bank” for the first time as a nationwide commercial bank in Korea.
On…
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President Kwon Seon-joo of Industrial Bank of Korea.(Photo:IBK)
The Korean version of tax-efficient savings accounts, which benchmarked a U.K. scheme, went on sale March 15. The government hopes it will boost household wealth amid a rise in “floating money” prompted by low interest rates and unce…
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Chairman Hwang Young-key of Korea Financial Investment Association.
Chairman Hwang Young-key of the Korea Financial Investment Association (KOFIA) said private funds have been leading the growth of the fund market, whose value is estimated at 500 trillion won. At the same time, public funds have no…
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Chairman Yoon Jong-kyoo of KB Financial Group.(Photo:KB Financial)
Competition among South Korean banks and brokerages is heating up to sell new individual savings account (ISA) products, with some banks offering cash gifts or preferential interest rates well above the market average to woo more cu…
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The participants in the KODIT Global Forum on SME Finance held on May 12 on the occasion of its 40th anniversary hold hands during the seminar in a photo session at Lotte Hotel in downtown Seoul including Chairman Suh Geun-woo of Kodit, 4th R, in front row. (Photo:KODIT)
Korea Credit Guarantee Fund…
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Chairman Yoon Jong-kyoo of KB Financial Group.
KB Financial Group is already reaping benefits from the planned acquisition of Hyundai Securities, as its share price rose as soon as it was named as the priority bidder on March 31.
Although the takeover bid drew criticism from some quarters of the s…
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President Lee Kwang-goo of Woori Bank.
Woori Bank, South Korea's second-biggest bank by assets, on May 4 announced that it posted a 52 percent jump in first-quarter net profit from a year earlier on improved margins and lower costs.
For the three months ended March 31, Woori Bank's net profit soar…
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Shinhan Card President Wi Sung-ho, right, holds an agreement signed with President Ganzorig ULzilbayar of Golomt Bank of Mongolia on cooperation on Big Data between the two financial institutions on May 11 in Seoul. (Photo:Shinhan Card)
Online fund sales based on around 2 trillion won worth of poin…
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▲ CJ올리브영이 지난해 5월 노들섬에서 개최한 ‘2025 올리브영 페스타’ 현장 이미지국내 최초의 뷰티 페스타로서 K뷰티 산업의 저변을 넓혀온 ‘올리브영 페스타’가 그 역할을 세계 무대로 확장한다.CJ올리브영(이하 올리브영)은 올해 페스타를 일본과 미국 글…
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LS그룹이 지난해 전력 슈퍼사이클에 힘입어 2003년 그룹 출범 이후 매출과 영업이익 모두 역대 최대 실적을 달성했다. LS그룹은 주력 계열사인 LS전선, LS일렉트릭, LS MnM 등의 사업 호조로 2025년(12개사 합계, 내부회계 기준) 기준 매출 45조 7,223억 원, 영업…
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▲ 3월 12일부터 벨기에 브뤼셀에서 열리는 방산전시회 'BEDEX 2026' 한화 부스 조감도한화에어로스페이스와 한화시스템은 벨기에 브뤼셀에서 열리는 방산전시회 ‘BEDEX 2026(Brussels European Defence Exhibition)’에 국내 최초로 참가한다고 3월 11일 밝혔다.3월&n…
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▲ 박정원 두산그룹 회장(가운데)이 미국 라스베이거스 ‘콘엑스포 2026’ 현장을 찾아 두산밥캣의 미니트랙로더에 직접 탑승해 스캇 박 두산밥캣 부회장(왼쪽)의 설명을 듣고 있다.박정원 두산그룹 회장이 두 달 만에 다시 미국 라스베이거스를 찾아 현장경영 행보를 …
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