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President Yoo Jae-hoon of Korea Deposit Insurance Corp. (KDIC) and other executives attend a ceremony to declare responsibility management and to establish an internal controls and compliance regime at KDIC headquarters in Seoul on Nov. 28.Korea Deposit Insurance Corp. (KDIC) held a ceremony to decl…
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Hana Financial Group Chairman Ham Young-joo, Vice Chairman Lee Eun-hyung and Hana Bank President Park Sung-ho shout “New Hana” while attending a ceremony to celebrate the 18th anniversary of the launch of the financial group at Hana Financial Group’s Myeong-dong office on Dec. 1.Hana Financial Gr…
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Chairman Yim Jong-yong of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group said on Oct. 26 the financial group posted 2,438.3 billion won in net profit in the Jan.-Sept. period. The financial group saw Q3 net profit come to 899.4 billion won, a 43.9 percent jump over t…
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NongHyup Financial Group Chairman Lee Seok-jun and KHNP President Hwang Joo-ho pose for a photo after signing a business agreement to build a carbon-neutral economy on Dec. 7. (Photo: KHNP)NongHyup Financial Group signed a business agreement on realizing CF100-based carbon neutrality with Korea Hydr…
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Shinhan Bank announces on Dec. 4 that it will implement a face authentication-based ATM withdrawal service utilizing customer facial recognition as biometric information for the first time in the financial sector. (Photo: Shinhan Bank)Shinhan Bank announced on Dec. 4 that it will implement a face au…
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President Lee Jae-keun of KB Kookmin Bank. (Photos: KB Kookmin Bank)KB Kookmin Bank announced that it will conduct a pilot to digitize financial services using Augmented Reality (AR) technology.AR superimposes virtual information, such as images and texts, on real objects that users see with their e…
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Attendees of “Global Financing Experience Program” pose for a photo at “Hana Play Park,” Hana Bank’s brand experience space.Hana Bank conducted “Global Financing Experience Program” targeting about 110 youth from 34 countries on Nov. 29.The program was part of “2023 Foreign Youth Korean Lang…
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President Lee Suk-yong of NongHyup Bank. (Photos: NongHyup Bank)NongHyup Bank announced on Dec. 11 that it has completely changed NH All One Bank, the bank’s main smartphone application. The application enables customers to check their asset and consumption status at all financial institutions…
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Chairman Kim Nam-goo of Korea Investment Holdings. (Photos: Korea Investment & Securities)Korea Investment Holdings (KIH) held each subsidiary’s board of directors’ meeting and carried out a reshuffle of executives, including Senior Executive Vice President Kim Sung-hwan of Korea Investment &a…
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Shinhan Life relesed “Shinhan Beautiful Pension Insurance,” a shared growth financial product for the stable future of youth.Shinhan Life said on Nov. 21 the life insurance company launched “Shinhan Beautiful Pension Insurance,” a shared growth financial product for the stable future of youth.&n…
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Chairman Joo Young-jin, former chief of the National Assembly Budget Office, recently elected as chairman of the Korea Parliamentary Research Institute. (Photos : Korea Parliamentary Research Institute)Joo Young-jin is a recognized legislative b…
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Koo Ja-hong, the late first chairman of LG Group, died of 77 on Feb. 11.LS Nikko-Copper Chairman Koo Ja-hong, who shepherded the growth of LS Group, succumbed to a chronic disease he had been suffering from. He was 75. Chairman Koo, born in Jiny…
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By Park Jong-sun, a former professor with Jeonju University and ex-Korean consulate general in Qingtao, China.The global economy posted a high growth rate of 5.5 percent, as each country around the world employed expansionary fiscal and currency poli…
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Honorary Chairman Kim Jae-chul of Dongwon Group discusses on AI with KAIST President Lee Kwang-young at a talk show at KAIST’s main campus in Daejeon on April 2.Honorary Chairman Kim Jae-chul of Dongwon Group was once an old hand who had contributed…
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