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Hana Bank announced on March 12 that it successfully held the 22-23 Hana Bank MZ Go Super Match. Hana Bank President Lee Seung-yeol (third from left) and National Assembly Vice Speaker Jeong Woo-taek (fifth from left) pose for a photo with professional Go players of the Generation Z Team including p…
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President Lee Won-duk of Woori Bank. (Photos: Woori Bank)Woori Bank announced on February 21 that it will launch an unstructured data assetization project for the first time in the Korean banking industry. The bank plans to use unstructured data as an asset with artificial intelligence (AI) tec…
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On March 8, NongHyup Bank Jeonnam Headquarters delivers Jeonnam Education Love and Regional Sangsang Card scholarships of 1.25 billion won to the Jeonnam Future Education Foundation. Kim Dae-jung, chairman of the Jeonnam Future Education Foundation poses with Park Jong-tak, head of the NongHyup Bank…
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Chairman Kim Jong-ho of Korea Technology Finance Corp. (KOTEC) poses with KOTEC headquarters executives, general managers, and business branch chiefs across the nation during the first management strategy workshop for the year 2023 at KOTEC headquarters in Busan on Jan. 31. (Photos: KOTEC)Korea Tech…
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Chairman & President Yoon Hee-sung of the Export-Import Bank of Korea (KEXIM) poses with CEO Saad Alkhalb of Saudi Export and Import Bank after striking a deal on co-generation project financing at Saudi EXIM Bank headquarters on Jan. 18. (Photo: KEXIM) In his New Year’s message on Jan. 1,…
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President Kim Seong-tae of Industrial Bank of Korea (IBK). (Photo: IBK)The Industrial Bank of Korea (IBK) took its first step toward advancing into Poland. By expanding the company’s base to Eastern Europe, IBK will help Korean companies there and respond to the government's policies to nurtur…
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Chairman Cho Yong-byoung of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a record-high net profit of 4.6423 trillion won in 2022. Its non-interest income shrank due to a drop in securities income, among other reasons, but interest income inflated by ne…
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Chairman Yoon Jong-kyu of KB Financial Group. (Photo: KB Financial Group)KB Financial Group posted its best-ever business performance for the third consecutive year in 2022, thanks to the expansion of net interest margin following a rise in interest rates. KB Financial Group decided to maintain…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on Feb. 9 that it racked up net profit of 3,625.7 billion won on a consolidated basis in 2022. The figure represented a 2.8 percent increase over the previous year. Its net profit ascende…
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Former chairman Lim Jong-yong of Financial Services Commission named as chairman of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group by increasing core profits last year and expanded business in the non-banking sector. The firm plans to pursue an active shareholder ret…
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Chairman Kim Ki-moon of Korea Federation of Small and Medium Business (KBIZ) poses with President & CEO Mohammad Ali Rashed Lootah of Dubai Chambers after they discussed ways of promoting exchanges and cooperation at Dubai Chambers on Feb. 7. (Ph…
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Amorepacific Group logged 4,259.9 billion won in sales and 249.3 billion won in operating profit last year. The figures represent a 5.9 percent year-on-year rise and a 64 percent year-on-year jump compared to 2023. The high growth rate of t…
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A view of “Bibigo Yugjeubgadeug Mandu,” stuffed with chunks of meat and vegetables, and products of the instant rice brand “Hetbahn Sotbahn,” released by CJ Cheiljedang. (Photos: CJ Cheiljedang)CJ Cheiljedang released “Bibigo Yugjeubgadeug Mandu…
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A view of the redesigned Genesis GV60 whose sale was launched in Korea on March 6. (Photo: Hyundai Motor)Sales of the redesigned Genesis GV60 in Korea started on March 6, showcasing more power and state-of-the-art luxury features.It’s the first time…
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