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President Lee Won-duk of Woori Bank. (Photos: Woori Bank)Woori Bank announced on February 21 that it will launch an unstructured data assetization project for the first time in the Korean banking industry. The bank plans to use unstructured data as an asset with artificial intelligence (AI) tec…
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On March 8, NongHyup Bank Jeonnam Headquarters delivers Jeonnam Education Love and Regional Sangsang Card scholarships of 1.25 billion won to the Jeonnam Future Education Foundation. Kim Dae-jung, chairman of the Jeonnam Future Education Foundation poses with Park Jong-tak, head of the NongHyup Bank…
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Chairman Kim Jong-ho of Korea Technology Finance Corp. (KOTEC) poses with KOTEC headquarters executives, general managers, and business branch chiefs across the nation during the first management strategy workshop for the year 2023 at KOTEC headquarters in Busan on Jan. 31. (Photos: KOTEC)Korea Tech…
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Chairman & President Yoon Hee-sung of the Export-Import Bank of Korea (KEXIM) poses with CEO Saad Alkhalb of Saudi Export and Import Bank after striking a deal on co-generation project financing at Saudi EXIM Bank headquarters on Jan. 18. (Photo: KEXIM) In his New Year’s message on Jan. 1,…
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President Kim Seong-tae of Industrial Bank of Korea (IBK). (Photo: IBK)The Industrial Bank of Korea (IBK) took its first step toward advancing into Poland. By expanding the company’s base to Eastern Europe, IBK will help Korean companies there and respond to the government's policies to nurtur…
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Chairman Cho Yong-byoung of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a record-high net profit of 4.6423 trillion won in 2022. Its non-interest income shrank due to a drop in securities income, among other reasons, but interest income inflated by ne…
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Chairman Yoon Jong-kyu of KB Financial Group. (Photo: KB Financial Group)KB Financial Group posted its best-ever business performance for the third consecutive year in 2022, thanks to the expansion of net interest margin following a rise in interest rates. KB Financial Group decided to maintain…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on Feb. 9 that it racked up net profit of 3,625.7 billion won on a consolidated basis in 2022. The figure represented a 2.8 percent increase over the previous year. Its net profit ascende…
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Former chairman Lim Jong-yong of Financial Services Commission named as chairman of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group by increasing core profits last year and expanded business in the non-banking sector. The firm plans to pursue an active shareholder ret…
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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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President Hong Beom-sik of LG Uplus. (Photos: LG Uplus)LG Uplus said on Oct. 23 that a paper on its in-house developed Generative AI technology “ixi-GEN” was recognized by EMNLP 2025, one of the world’s top natural language processing (NLP) confer…
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LG Uplus CISO and CPO Hong Kwan-hee explains security-first strategies at a meeting on security strategies at LG Uplus office building in Yongsan, Seoul, on July 29. (Photo: LG Uplus)LG Uplus has unveiled “U-Dok Pick AI,” combining a variety of AI …
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CEO Kim Young-shub of KT. (Photos: KT)KT said on June 12 that Palantir Chief Revenue Officer Ryan Taylor visited Korea and executives and staffers from both sides discussed the direction of specific strategies. Palantir is a software platform de…
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President Park Yoon-kyu of the National Industry Promotion Agency poses with WIS Innovation Awards winners at an awards ceremony on the sidelines of 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. (Photo: NIPA)2025 Wo…
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