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Chairman Yoon Jong-kyu of KB Financial Group. (Photos: KB Financial Group)KB Financial Group ranked No. 1 in Korean financial institutions in net profit in the first quarter, thanks to the growth of loans and interest income.On April 22, KB Financial Group disclosed that its net profit for the first…
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Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group announced on April 22 that it posted 902.2 billion won in net profit in the first quarter.This was an increase of 8 percent (66.6 billion won) from the same period of 2021. “Hana Financial Group …
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Sohn Tae-seung, chairman of Woori Financial Group. (Photos: Woori Financial Group)Woori Financial Group recorded record-breaking quarterly earnings in the first quarter, thanks to the incorporation of subsidiaries and an improvement in its profit structure. The group produced an earnings surpri…
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Chairman Son Byung-hwan of NH NongHyup Financial Group. (Photo: NH NongHyup Financial Group)NH NongHyup Financial Group racked up 596.3 billion won in net profit in the first quarter of 2022, down 1.3 percent from the previous year.NH NongHyup Financial Group attributed the drop in net profit to add…
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President Jin Ok-dong of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on May 11 that Shinhan Bank Vietnam issued bonds worth VND2.8 trillion (153 billion won). The bonds issued were the first local currency bonds in the 29 years since Shinhan Bank entered the Vietnamese market by …
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KB Kookmin Bank announced on April 12 that it signed a business agreement on giving ESG support to SMEs with the KOSME. Shown above (from left) are Choi Hak-su, head of the Innovation Growth Division of the KOSME, Kim Hee-cheon, SME policy officer at the Ministry of SMEs and Startups and Jeong Moon-…
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Kim Jin-seok, manager of the Taipei Branch poses for a photo with other officials in a ceremony in honor of the opening of the branch on April 25. (Photo: Hana Bank)Hana Bank succeeded in making a foray into the Taiwanese market. The Hana Financial Group will play a key role in its leap forward…
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Woori Bank signs an MOU for artificial intelligence (AI) research and development with Yonsei University at Yonsei University on May 2. Cha Ho-jeong (left), Dean of AI Convergence College at Yonsei University, poses for a photo with Ok Il-jin, director of the Digital Strategy Group at Woori Bank. (P…
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President Kwon Joon-hak of NongHyup Bank. (Photos: Nonghyup Bank)As airliners began to expand their flights with COVID-19 pandemic measures easing, NongHyup Bank President Kwon Joon-hak is also putting a spur into the bank’s penetration of the Southeast Asian market. NongHyup Bank has been wor…
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Bang Moon-kyu, CEO of Korea Eximbank signs a business agreement to promote Korean e-government export and international cooperation projects in the field of customs administration with Lim Jae-hyeon, commissioner of the Korea Customs Service at the Yeouido Main Building of Korea Eximbank on April 18…
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Chairman Kim Ki-moon of Korea Federation of Small and Medium Business (KBIZ) poses with President & CEO Mohammad Ali Rashed Lootah of Dubai Chambers after they discussed ways of promoting exchanges and cooperation at Dubai Chambers on Feb. 7. (Ph…
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Amorepacific Group logged 4,259.9 billion won in sales and 249.3 billion won in operating profit last year. The figures represent a 5.9 percent year-on-year rise and a 64 percent year-on-year jump compared to 2023. The high growth rate of t…
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A view of “Bibigo Yugjeubgadeug Mandu,” stuffed with chunks of meat and vegetables, and products of the instant rice brand “Hetbahn Sotbahn,” released by CJ Cheiljedang. (Photos: CJ Cheiljedang)CJ Cheiljedang released “Bibigo Yugjeubgadeug Mandu…
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A view of the redesigned Genesis GV60 whose sale was launched in Korea on March 6. (Photo: Hyundai Motor)Sales of the redesigned Genesis GV60 in Korea started on March 6, showcasing more power and state-of-the-art luxury features.It’s the first time…
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