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KDIC is elected as first vice chair of the IFIGS at the 11th Annual General Meeting in Madrid, Spain, on Oct. 18. KDIC President Yoo Jae-hoon poses for a photo with officials. The Korea Deposit Insurance Corporation (KDIC) announced on Oct. 20 that it has been elected as first vice chair of the…
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Korea Eximbank President Yoon Hee-sung signs the Digital Infrastructure Growth initiative for India with DFC President Scott Nathan and JBIC President Nobumitsu Hayashi at DFC's headquarters in Washington, DC on Oct. 25. (Photos: KEXIM)The Export-Import Bank of Korea (KEXIM) signed a joint initiativ…
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Chairman Kang Seog-hoon of Korea Development Bank (KDB). (Photos: KDB)Korea Development Bank (KDB) announced on Oct. 31 that it held “KDB NextRound in Jeju” at the Jeju entrepreneur networking conference “JOIN 2024”. The conference was co-hosted by the Jeju Center for Creative Economy and I…
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IBK President Kim Sung-tae congratulates a first SME employee that signed up for IBK SME Employee Savings with Minister of SMEs and Startups Oh Young-joo on Oct. 28. (Photo: MSS)IBK announced on Oct. 25 that it ranked first among the six major Korean commercial banks in terms of operating returns on…
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Chairman Yang Jong-hee of KB Financial Group. (Photo: KB Financial Group)KB Financial Group announced its business results for the third quarter of 2024 along with its “Sustainable Value-up Plan” via internet and mobile live streaming on Oct. 24. Prior to the earnings announcement, KB Financi…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group earned a cumulative net profit of 3,985.6 billion won in the third quarter of this year. Its non-interest income contracted due to losses on securities derivatives transactions, but the fina…
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Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group will launch a senior citizen-specific brand, “Hana The Next,” to provide total care services specialized for the senior generation. According to Hana Financial Group on Oct. 22, the its affiliat…
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Chairman Lee Suk-joon of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group posted the largest cumulative net profit in its history in the third quarter of 2024. The financial group announced on Oct. 29 that its cumulative net profit for the third quarter of thi…
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President Lee Jae-keun of KB Bank. (Photos: KB Bank)KB Kookmin Bank announced on Oct. 31 that it will reorganize KB Star Banking’s asset management service to make it easier and more convenient to use.KB Star Banking’s asset management service will be reorganized with an intuitive UI/UX that allow…
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President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on Oct. 18 that it has launched the Video Call Real Name Verification Service for Foreigners to enhance convenience in digital financial services for foreign customers. The Video Call Real Name Verification S…
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Chairman Lee Jae-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics surpassed the milestone of exceeded 20 trillion won in the fourth quarter, the best-ever quarterly figure. It represents a new record for Korean companies.&…
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KCCI Chmn. Chey Tae-won delivers a welcoming speech at a New Year’s greeting meeting for business leaders on Jan. 2 (Photos: KCCI)Greeting the New Year, business leaders converged to share their resolve and determination to help the national economy…
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Chairman Shin Dong-bin of Lotte Group. (Photo: Lotte Group)In a New Year’s message delivered to executives and staff on Jan. 2, Lotte Group Chmn. Shin Dong-bin said, “Let’s make a new history together based on growth and innovation.” Chmn. S…
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Executive Chair Chung Eui-sun of Hyundai Motor Group talks with Vice Chmn. Jang Jae-hoon, President Sung Kim, Senior Executive Vice President Kim Hae-in, Kia Motors President Song Ho-sung and Hyundai Mobis President Lee Gyu-suk at the 2026 HMG New Ye…
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