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Economy/Finance
Chairman Suh Geun-woo of Korea Credit Guarantee Fund(Kodit). Small and medium-sized enterprises (SMEs) serve as the root of the national economy. However, SMEs suffer from limited access to financing due to the high administrative costs of small-scale lending, asymmetric information, high risks att…
President Cho Yong-byoung of Shinhan Bank. Shinhan Bank has been doing extremely well in Vietnam, winning accolades for its successful operation in the Southeastern Asian country. It’s an example of a Korean bank’s successful overseas venture, which is a stark contrast to other Korean industries.…
Gov. Zhin Woong-sub of the Financial Supervisory Service (FSS) poses with Chairman Yoon Jong-kyoo of KB Financial Group and president of KB Kookmin Bank and ex-Olympic figure skating champion Kim Yu-na after subscribing for the bank’s Individual Savings Account (ISA) at the bank’s headquarters in …
A slew of dignitaries is lined up and applaud after cutting the cake at KRX’s 60th anniversary ceremony held at the 63 City Building in Yeouido, Seoul, on March 4 led by Chairman Kim Moo-sung of the ruling Saenuri Party, Chairman Yim Jong-yong of the Financial Services Commission, Gov. Zhin Woong-s…
“Deun, Deun, Livelihood Loan” available at KB Kookmin Card. (Photo:Kookmin Card) KB Kookmin Card announced around the end of last month the introduction of a mid-range interest rate credit card loan with an annual interest rate around 10 percent under the name of “Deun, Deun, Livelihood Loan.” …
President Wi Sung-ho of Shinhan Card. Shinhan Card has restructured its operations to speed up services for customers, in the latest move to turn its management strategy around under the “Flying V2” strategy. In line with the change in its strategy, the company has opted to pursue a completely n…
Chairman Kim Jung-tae of Hana Financial Group.(from left) CEO-designate Chung Soo-jin of Hana Card, CEO-designate Lee Jin-geuk of Hana Financial Investment; CEO-designate Kwon Oh-hoon of Hana Life Insurance.(Photos:HFG) Hana Financial Group conducted a huge personnel shakeup by replacing the CEOs o…
President Hong Sung-guk of KDB Daewoo Securities Co.(Photos: Daewoo Securities) Daewoo Securities Co. became the first securities firm in Korea to sign a tie-up agreement with a robo advisor company in the securities industry in Korea to explore a new business territory.  “Robo advisory” is…
New Chairman Lee Dong-geol of KDB Financial Group speaks at his inaugural ceremony at the group’s head office in Yeouido, Seoul, on Feb. 12.(Photo:KDB) In a ceremony held on Feb. 12 at the bank’s head office in Yeouido, Seoul, Lee Dong-geol, a former vice chairman and CEO of Shinhan Investment, h…
President Seoh Geun-woo of Korea Credit Guarantee Fund(KODIT) presiding over a meeting of the headquarters managers around Korea on Feb. 2 at its head office in Daegu.(Photo:KODIT) Korea Credit Guarantee Fund (Kodit) will issue 40.5 trillion won worth of credit guarantees this year, including 9.5 t…
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Business/Company
Samsung Electronics Chmn. Lee Jae-yong and Mistral AI CEO Arthur Mensch struck an investment agreement at the Elysee Palace in Paris on Aug. 8. (from left) Samsung Electronics Executive Vice President Lee Jong-myung, Samsung Electronics Chmn. Lee Jae…
Lotte Group Chmn. Shin Dong-bin, KAIST President Bae Choong-sik and other attendants cut the ribbons at a ceremony to dedicate the“Lotte X KAIST R&D Center” at KAIST head office in Daejeon on Sept. 11. (Photo: Lotte Group)KAIST held a ceremony …
Chairman Seo Kyung-bae delivers a commemorative address online to mark the 81st anniversary of Amorepacific Group on Sept. 4. (Photo: Amorepacific Group)Marking its 81st anniversary, Amorepacific Group will accelerate its push into the global market,…
Chairman Lee Jay-hyun of CJ Group. (Photos: CJ Group)CJ ENM announced on Sept. 7 that two branded FAST channels, “CJ ENM K-Stories” and “CJ ENM K-Pop,” launched on Prime Video in the U.S. Both are available for free on Prime Video, with programmi…


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