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Chairman Lim Jong-yong of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group announced on April 24 that it earned a net profit of 911.3 billion won in the first quarter (January-March) of 2023.This is almost 2 times the 480 billion won earned in the fourth quarter of 2022 and…
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Chairman Lee Suk-joon of NongHyup Financial Group. (Photo: NH NongHyup Financial Group)NH NongHyup Financial Group posted a 59 percent year on year improvement in net profit in the first quarter of this year despite a sharp drop in its interest income. Credited were a turnaround in NongHyup Lif…
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Shinhan Bank signs a strategic business agreement with Khan Bank, the largest bank in Mongolia, to promote digital finance on May 4. Shinhan Bank Vice President Lim Soo-han (left) shakes hands with Khan Bank Vice President Degi Erdenedelger Bavlai after the signing ceremony. (Photo: Shinhan Bank)Shi…
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KB Financial Group holds “KB Financial Group Cocktail Reception” at the Sheraton Grand Incheon on May 4. KB Financial Group Chairman Yoon Jong-kyu poses for a photo with James Quigley, vice chairman of Bank of America (BoA) before the reception. (Photo: KB Financial Group)More than 200 guests from…
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Hana Financial Group’s booth at the Networking Hub on the first floor of Songdo Convensia. (Photos: Hana Financial Group) Hana Bank officially sponsored the 56th Annual Meeting of the Asian Development Bank (ADB), which took place in Songdo, Incheon, Korea. Hana Financial Group also publi…
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At the ADB Annual Meeting in Songdo, Incheon, Woori Bank showcases Won Bizplaza, a supply chain finance platform launched in September 2022. Visitors try Won Bizplaza services at the exhibition booth. (Photo: Woori Bank)Woori Bank introduced “Won Bizplaza,” a supply chain finance platform at the v…
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NongHyup Bank creates a networking hub space for visitors from Asian countries in the 56th ADB Annual Meeting and organizes a booth with contents to promote NongHyup Bank’s digital transformation achievements. Visitors to the ADB meeting enjoy various contents at NongHyup Bank’s digital transforma…
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On May 3, KB Kookmin Card delivers 150 million won in donations to the Support Center for the Elderly Living Alone ahead of May, the month of families in Korea, and Parents Day. Lee Chang-kwon, president of KB Kookmin Card, poses with Kim Hyun-mi, director of the support center. (Photo: KB Kookmin C…
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President Yoo Jae-hoon of Korea Deposit Insurance Corp. gives his commemorative speech at a ceremony to celebrate the 27th anniversary on June 1.Through March of this year, a total of 7.3 billion won was returned to the original owners through the Mistaken Remittance Return Support System. Howe…
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Chairman & CEO Yoon Hee-sung of the Export-Import Bank of Korea (KEXIM) and Shahriar Kader Siddiky, additional secretary and wing chief of the economic relations division under the Bangladeshi Ministry of Finance, participate in a ceremony to ink an agreement to provide a $138.44 million Economi…
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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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