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President Choi Kyung-soo of the KRX, R, holds the MOU with Gov. Tian Guoli of Bank of China after signing the instrument at a ceremony held at Coex in Seoul on July 4. (Photo: KRX)
KRX President Choi Kyung-soo and Gov. Tian Guoli of the Bank of China (BOC) signed an MOU for comprehensive…
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Woori Bank is one of the Korean banks that entered China for business when Korea and China reopened diplomatic ties in 1992. With its wholly-owned subsidiary as the base of its operation, the bank has been rapidly expanding its banking network in China since then.
In 1995, the bank opened a branch …
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Chairman Lim Young-rok of KB Financial Group said it’s the message of hope that will lighten up the financial group on the group’s securing the priority bidding rights in the bidding for LIG non-life insurance co.
At the group’s management consultation meeting held on July 12 at the group’s hea…
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The Industrial Bank of Korea (IBK) plans to support the further overseas advancement of SMEs, although they are in 162 countries now, up from just 84 before the financial crisis of 1998. Korean business firms have been hard at work and operate in all 229 countries on earth, falling back on the Korea…
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Chairman Yim Jong-ryong of NH Financial Group.
Chairman Yim Jong-ryong of NH Financial Group plans to merge Woori Investment and Securities with NH Securities at the end of this year, while Woori Alibaba Life Insurance Co. will be taken over by NH Life Insurance Co. in the first half of next year.
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President Kwon Seon-joo of the Industrial Bank of Korea. (Photo:IBK)
The Industrial Bank of Korea (IBK) has successfully issued $300 million in GDRs at a price of $11.39 per issue, down 4.4 percent from the closing price of April 11, which is way lower than the average discount rate for GDRs issued…
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A group of executives of KB Life and award-winning staff led by President Kim Jin-hong and Standing Director Cho Sang-hoon,1st from left in front row, pose for a photo with their thumbs up during a ceremony to mark the 10th anniversary of the life insurer at the company’s Education Hall June 2.
KB…
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President Kim Won-kyu of Woori Investment and Securities CoVice President Kim Yong-bok of NH Bank has been designated president of Woori Alibaba Life Insurance Co., which is soon to be an affiliate of NH Financial Holding Co., while Vice President Kim Seung-hi has been designated president of NH Sav…
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President Kim Sun-kyu of Korea Housing Guaranty Co. (Photo: KHGC)
From now on heavy assessment of fees and other charges on project financing provided by financial institutions based on the credit ratings of the builders will be removed. Also removed will be various unfair practices done by the fin…
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President Kim Joo-hyun is flanked by President Mark Neale, right, and his assistant at the signing of an MOU between Korea Deposit Insurance Corp. and Financial Services Compensation Scheme of Britain, on March 31
Korea Deposit Insurance Corp. (KDIC) signed an MOU with the British Fi…
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Chairman Lee Jang-han of Chong Kun Dang Holdings Corp. (Photos: Chong Kun Dang)Chong Kun Dang Group held a ceremony to kick off the 2026 business year at Chong Kun Dang headquarters in Chungjeongro, Seoul, on Jan. 5. In his New Year’s message, …
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Kim Min-young, CEO & President of Dong-A Socio Holdings, delivers a commemorative speech in a ceremony held in honor of the group’s 93rd anniversary at Dong-A Socio Group Headquarters in Seoul on Nov. 28. (Photos: Dong-A Socio Group)Dong-A Socio…
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A view of a renewed Benachio Pro Liquid, launched by Dong-A Pharmaceutical. Dong-A Pharmaceutical announced the launch of a renewed Benachio Pro Liquid with enhanced digestive function on Sept. 30.Benachio Pro Liquid combines traditional herbal …
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Panelists and other participants pose at the 2025 Long-Term Care Policy Forum at the aT Center in Seoul on July 15. (Photo: NHIS)Prof. Nam Hyun-joo, dean of Gachon University’s Graduate School of Social Policy, said, “The expanding of services tail…
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