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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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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on July 27 that it posted consolidated net profit of 2,020.9 billion won in the first half of the year, up 16.6 percent from last year’s 288.4 billion. The financial group racked up 918.…
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Chairman Lim Jong-yong of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group announced that its net profit for the first half of this year totaled 1,538.6 billion won. This is a 12.7 percent decrease from 176.19 billion won in the first half of last year.Woori Financial …
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K-water President Yun Seog-dae poses with ambassadors from the five countries of the Mekong River during their meeting designed to discuss ways of promoting cooperation in sustainable water management at Samcheonggak, Seoul, on Sept. 26. (Photo: K-wa…
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Minister Jeong Eun-kyeong of the Ministry of Health and Welfare poses with major participants of the 15th Asia Pacific Economic Cooperation (APEC) High-Level Meeting on Health and the Economy (HLMHE) that took place from Sept. 15 to 16 at The Shilla …
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Chairman & CEO Kim Tae-hyun of the National Pension Service delivers a commemorative speech at a ceremony to mark the 38th anniversary at NPS headquarters in Jeonju City on Sept. 18.The National Pension Service (NPS) held a ceremony to mark its 3…
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President Lee Sang-hoon of Korea Industrial Complex Corp. (KICOX) (Photos: KICOX)Rep. Kim Jung-ho of the Democratic Party of Korea said various laws and notices related to institutional reform to implement photovoltaic power projects — core ene…
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