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Chairman Lee Suk-joon of NongHyup Financial Group. (Photo: NH NongHyup Financial Group)NongHyup Financial Group announced on Feb. 14 that its net profit in 2022 reached 2,230.9 billion won, down 2.7 percent from 2,291.9 billion won in the previous year.The financial group explained that the drop is …
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Shinhan Bank President-nominee Jung Sang-hyuk.Shinhan Bank is launching a loan brokerage platform that will be linked with refinancing loan infrastructure. Among the five major banks — KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank and NongHyup Bank in Korea - Shinhan Bank will be t…
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Minister of Employment and Labor Lee Jung-sik, Financial Supervisory Service Governor Lee Bok-hyun, Financial Services Commission Vice Chairman Kim So-young, KB Kookmin Bank President Lee Jae-keun, Vice Chairman Kim So-young of the Financial Services Commission, Shinhan Financial Group Chairman-nomi…
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Hana Bank wins the “Best Trade Finance Provider in Korea 2023 Prize” from Global Finance. Lee Seong-pil (center), head of the London branch of Hana Bank, poses for a photo after receiving the prize at the awards ceremony in London on Jan. 25. (Photos: Hana Bank)Hana Bank received the “Best Trade …
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Woori Bank announced on Feb. 1 that it signed a business agreement with LRQA to strengthen ESG management. Yoo Do-hyun (right), a vice president of Woori Bank poses for a photo with Lee Il-hyung, head of LRQA after inking a business agreement. (Photo: Woori Bank)Woori Bank said on Feb. 1 that it sig…
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Lee Seok-yong, CEO of NH NongHyup Bank, checks business operations by overseas markets and has a communication time with employees in a video conference at NongHyup Bank’s headquarters on Feb. 8. (Photo: NH NongHyup Bank)Lee Seok-yong, president of NongHyup Bank, announced on Jan. 18 that NongHyup …
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Chairman Sohn Byung-doo of Korea Exchange (KRX) unveils core strategies to advance the Korean financial market, which KRX will implement this year, during a meeting with reporters on Jan. 31. (Photo: KRX)Chairman Sohn Byung-doo of Korea Exchange (KRX) came up with core strategies to advance the Kore…
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Chairman Choi Hyun-man of Mirae Asset Securities. (Photos: Mirae Asset Securities)Securities firms and companies are scrambling up to follow up on the government’s plan to issue and circulate security-token offerings (STOs). Mirae Asset Securities said on Feb. 8 the company plans to establish …
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President Jung Il-moon of Korea Investment & Securities (KIS). (Photos: KIS)Korea Investment & Securities (KIS) released the “Global Wealth Management” (GWM) premium financial service, targeting super-rich customers with financial assets worth more than 10 billion won, the company said on …
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Woori Bank holds a sales headquarters workshop for 2023 in Hambaek Mountain, Gangwon Province for two days from January 6 to 7 with the attendance of bank president Lee Won-duk. Lee emphasized that customer value should take precedence over anything else. (Photo: Woori Bank)Lee Won-duk, CEO of Woori…
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LS Cable & System President & CEO Koo Bon-kyu delivers a commemorative speech at a groundbreaking ceremony for the largest submarine cable manufacturing plant in Chesapeake, Virginia. LS Cable & System has become the first Korean com…
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President Huh Se-hong of GS Caltex. (Photos: GS Caltex)GS Caltex’s tedious efforts have paid off through private-public sector cooperation: persuading the International Maritime Organization (IMO) to allow general refueling ships to carry “B30 bio …
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President Kwon Myung-ho of Korea East-West Power (EWP). (Photos: EWP)Korea East-West Power Co. (EWP) revealed AI technologies for use in the energy sector at the 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. Th…
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Acting Chmn. Kim Hong-keun of Korea Power Exchange (KPX) poses with Moon Il-joo, head of the Technology Headquarters at Korea Electric Power Corp., Koh Kook-hyun, chief of the Management Support Headquarters at Korea District Heating Corp., Shin Yong…
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