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he Industrial Bank of Korea (IBK) conducted a large-scale personnel reshuffle at the top on July 12 involving 1,600 of its officers and staff including the promotion of a former chauffeur to a branch manager in another one of the surprising and tradition-breaking personnel moves by President Cho Jun…
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rue to his reputation as a leading proponent of overseas advancement by Korean financial institutions, Chairman Lee Pal-seung of the Woori Financial Group has led the group in its take over of a partial stake in the Saudara Bank in Indonesia to become the second largest shareholder.The group could h…
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Shinhan Financial Group plans to hold finance and economy classes for people in various sectors of society as part of its social services, the group announced on June 25.The group said it will provide the financial education free of charge to various classes of people in the country in answer to cal…
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The staff at the Small & Medium Enterprises Department of the Korea Finance Corporation (KoFC) have their hands full with the work to flesh out on-landing loans, a new and advanced financial scheme introduced by KoFC to provide capital to the nation’s SME sector, which has technological prowess…
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Chairman & CEO Chang Young-chul of Korea Asset Management Corp. said the applications for replacement loans have been piling up sky high and KAMCO has been busy setting up an Internet Window for accepting the loan applications starting in July.KAMCO, which has already celebrated its half century…
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'Roses Given to Koh So-young When Confessing Love'rofessor Ahn Jong-bae's professional book on contents marketing , “Contents Marketing” is a story-telling marketing, showing the features of examples of the contents industry and contents marketing in 13 genres such as tourism, movies, and ga…
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Chairman Jun Kwang-woo of the National Pension Service (NPS) said NPS might invest in Korean-type hedge funds to invigorate the hedge fund market in Korea at an international forum on Korea-type hedge funds and new challenge and opportunities held at the Westin-Chosun Hotel on June 14.The NPS CEO sa…
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The Korea Financial Investment Association (KOFIA) and KOTRA signed an MOU on May 16 at the JW Marriot Hotel in downtown Seoul to speed up the globalization of Korean financial investment firms as well as cross-border M&As for Korean SMEs abroad, the two business associations said recently.The t…
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Chairman Kim Jung-tae of Hana Financial Group made clear that the Korea Exchange Bank (KEB) will be a member of Hana Financial Group and, therefore, the group will meddle in its management as a holding company would with any affiliate of the group.Chairman Kim’s statement is designed to clear up a …
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Woori Financial Group’s total financial assets amounted to 403 trillion won at the end of the first quarter this year, exceeding the 400 trillion won level for the first time among all financial groups in Korea, solidifying its position as the nation’s largest, the group said recently.The group sa…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility is accelerating efforts to expand its SMR production capacity to meet a surge in demand for SMRs abroad.Doosan Enerbility plans to launch a project to build a pl…
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President Kim Tae-kyun of KEPCO E&C. (Photos: KEPCO E&C)KEPCO E&C struck a contract for the design of power supply equipment for the Yongin Datacenter and auxiliary equipment with KAAM Square Yongin datacenter PFV Co. on March 27, the com…
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The official homepage of “Wise Electric Life” (Photo: KPX)The Korea Power Exchange (KPX) announced that it has officially launched “Wise Electric Life,” an energy-saving platform that comprehensively compiles previously scattered energy service i…
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President Kim Hong-yeon of KEPCO KPS poses with CEO Jakfar Sadiq OF PLN NPS after they struck an MOU to win orders on improving the performance of the aging power plants and new projects on Feb. 24. (Photo: KEPCO KPS)KEPCO KPS struck an MOU with Indo…
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