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Economy/Finance
Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group earned a cumulative net profit of 3,985.6 billion won in the third quarter of this year. Its non-interest income contracted due to losses on securities derivatives transactions, but the fina…
Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group will launch a senior citizen-specific brand, “Hana The Next,” to provide total care services specialized for the senior generation. According to Hana Financial Group on Oct. 22, the its affiliat…
Chairman Lee Suk-joon of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group posted the largest cumulative net profit in its history in the third quarter of 2024. The financial group announced on Oct. 29 that its cumulative net profit for the third quarter of thi…
President Lee Jae-keun of KB Bank. (Photos: KB Bank)KB Kookmin Bank announced on Oct. 31 that it will reorganize KB Star Banking’s asset management service to make it easier and more convenient to use.KB Star Banking’s asset management service will be reorganized with an intuitive UI/UX that allow…
President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on Oct. 18 that it has launched the Video Call Real Name Verification Service for Foreigners to enhance convenience in digital financial services for foreign customers. The Video Call Real Name Verification S…
President Lee Seung-lyul of Hana Bank. (Photos: Hana Bank)Hana Bank announced that the bank has been selected as the “Best Sub-Custodian Bank in Korea 2024” by Global Finance, a US global financial and economic publication. At the Global Finance Transaction Banking Awards 2024, held in Beijin…
President Lee Suk-yong of NongHyup Bank. (Photos: NongHyup Bank)NongHyup Bank announced on Nov. 1 that it launched “NH AllOne Teenz Passbook” and “NH AllOne Teenz Installment Savings” exclusively for minors to help them establish good financial habits. NH AllOne Teenz Passbook waives e-fina…
Chairman Kim Chul-ju of the Korea Life Insurance Association (KLIA). (Photos: KLIA)The Korea Life Insurance Association (KLIA) provides useful insurance product information to consumers through the New Product Introduction Series on its YouTube channel (youtube.com/kliapr). The program explains…
On Nov. 5, the GIAK’s Social Contribution Council announced that it has signed a business agreement with the National Police Agency and the Korea Transportation Safety Authority to support elderly drivers’ safe driving. Lee Byung-rhae, chairman of the GIAK, poses for a photo with Cho Ji-ho, chief …
Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group delivered results that surpassed market expectations, with non-interest income (1,804.9 billion won) increasing by 6.4 percent (108.5 billion won) year on year, despite a decline in interest income than…
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Business/Company
Samsung Electronics Chmn. Lee Jae-yong and Mistral AI CEO Arthur Mensch struck an investment agreement at the Elysee Palace in Paris on Aug. 8. (from left) Samsung Electronics Executive Vice President Lee Jong-myung, Samsung Electronics Chmn. Lee Jae…
Lotte Group Chmn. Shin Dong-bin, KAIST President Bae Choong-sik and other attendants cut the ribbons at a ceremony to dedicate the“Lotte X KAIST R&D Center” at KAIST head office in Daejeon on Sept. 11. (Photo: Lotte Group)KAIST held a ceremony …
Chairman Seo Kyung-bae delivers a commemorative address online to mark the 81st anniversary of Amorepacific Group on Sept. 4. (Photo: Amorepacific Group)Marking its 81st anniversary, Amorepacific Group will accelerate its push into the global market,…
Chairman Lee Jay-hyun of CJ Group. (Photos: CJ Group)CJ ENM announced on Sept. 7 that two branded FAST channels, “CJ ENM K-Stories” and “CJ ENM K-Pop,” launched on Prime Video in the U.S. Both are available for free on Prime Video, with programmi…


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