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Jun Byung-woo, head of the Custodial Business Department of Hana Bank, and Andrea Fiano, editor of Global Finance, pose for a commemorative photo at the award ceremony to give the Best Sub-Custodian Bank in Korea 2023 Prize to Hana Bank on Sept. 19. (Photo: Hana Bank)Hana Bank announced on Sept. 19 …
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NongHyup Bank holds the 10th Foreign Exchange Master Competition at its headquarters in Jung-gu, Seoul, on Oct. 16. Bank President Lee poses for a photo with participants. (Photo: NongHyup Bank)NongHyup Bank announced on Oct. 17 that it held the 10th Foreign Currency Master Competition at the audito…
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President Choi Joon-woo of Korea Housing Finance Corp. (HF). (Photos: HF)The official assessed price of homes whose owners are allowed to subscribe to a new housing pension, effective on Oct. 12, will rise from the current 900 million won or less to 1.2 billion won or less. The cap on total loa…
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Korea Investment Holdings Chairman Kim Nam-goo. (Photos: Korea Investment & Securities)Korea Investment & Securities (KIS) succeeded in issuing $400 million (540 billion won) worth of foreign currency bonds, KIS said on Oct. 31. By raising foreign currency issuance of $100 million more …
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Kyobo Life CEO & Chairman of the Board Shin Chang-jae shakes hands with President Josh Landau of the International Insurance Society (IIS) after Chairman Shin won the Insurance Hall of Fame Laureate at the 2023 Global Insurance Forum at Hilton Singapore Orchard Hotel on Nov. 6. (Photos: Kyobo Li…
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President Moon Dong-kwon of Shinhan Card. (Photos: Shinhan Card)Card companies have been scrambling to come up with cards tailored to meet users’ demands coupled with overseas spending.Shinhan Card Globus, targeting users’ overseas use, released by Shinhan Card, has undergone a renewal. “Global P…
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President Lee Chang-kwon of KB Kookmin Card. (Photos: KB Kookmin Card) The payment solution KB Pay, launched by KB Kookmin Card, has made strides in the two years and eight months since its debut. KB Kookmin Card said on Oct. 30 the financial platform KB Pay saw the number of monthly activ…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group announced its business results in the second quarter of 2023 on July 27. Its net income in the quarter was 1,238.3 billion won, down 10.8 percent from the previous quarter, and its net profi…
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Chairman Yoon Jong-kyu of KB Financial Group. (Photo: KB Financial Group)KB Financial Group posted its best-ever first-half business performance, despite accumulating more than 1 trillion won in provisions. Its interest income increased as market interest rates rose. A significant improvement i…
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Chairman Yoon Hee-sung of the Export-Import Bank of Korea (KEXIM) poses with Gov. Nobumitsu Hayashi of the Japan Bank of International Cooperation (JBIC) after they signed an MOU on financial cooperation at the Japanese Ministry of Finance on June 29.The Export-Import Bank of Korea (KEXIM) has joine…
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(from left) Chmn. Koo Ja-kyun of LS ELECTRIC, President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) and President Koo Bon-gyu of LS Cable & System attend a ceremony to strike an MOU on building a data center superconductivity power gird …
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Chairman Park Jung-won of Doosan Group. (Photo: Doosan Group)Doosan Enerbility said on July 23 that it had obtained a type certification from Underwriters Laboratories (UL), the global leader in product safety testing and certification, for its 10MW …
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President Hwang Ju-ho of Korea Hydro & Nuclear Power (KHNP) (Photos: KHNP)Korea Hydro & Nuclear Power (KHNP) held the “Team Korea Project Promotion Strategy Meeting for the Czech New Nuclear Power Project” to implement the new nuclear power…
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Chairman Koo Ja-eun of LS Group. (Photos: LS Group)The “One Big Beautiful Bill Act (OBBBA)” which went into force after it was signed by U.S. President Donald Trump, has made Korean companies stand on the guard due to curtailment and early terminat…
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