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Subrogation payment amounts, offered by Korea Housing and Urban Guarantee Corp. (HUG) instead of house owners, and jeonse deposit money return guarantee incidents, logged the biggest-ever figure in September. Cumulative subrogation payment amounts and jeonse deposit money return guarantee incid…
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President Choi Joon-woo of Korea Housing Finance Corp.(HF)Korea Housing Finance Corp. (HF) has lowered application terms on “Safety Transition Loans” that can switch to housing-secured loans with a minimum annual interest rate of 3.7 percent and the cap of the loans. On Oct. 7, the first day …
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President Yoo Jae-hoon of Korea Deposit Insurance Corp. delivers his inaugural speech at an inauguration ceremony at KDIC headquarters on Nov. 21. (Photo: KDIC)Former Korea Securities Depository (KSD) Chairman Yoon Jae-hoon took office as the new president of Korea Deposit Insurance Corp. (KDIC) on …
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Chairman & President Yoon Hee-sung of Korea Eximbank and GS Energy President Huh Yong-soo struck an MOU on financial support for the establishment of energy security and transition at Korea Eximbank headquarters in Yeouido, Seoul, on Sept. 19. (Photo: Korea Eximbank)The Export-Import Bank of Kor…
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(from left) Chairman Kim Bok-cheol of the National Research Council of Science & Technology (NST), Chairman Kang Byung-sam of the Korea Innovation Foundation (INNOPOLIS), and Kang Seok-hoon, chairman of Korea Development Bank (KDB) hold a copy of a business agreement for fostering national scien…
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Chairman Cho Yong-byoung of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a record-high performance through the third quarter of this year thanks to an increase in interest income caused by a rise in the interest rate and proceeds from the sale of non-operat…
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Chairman Yoon Jong-kyu of KB Financial Group. (Photo: KB Financial Group)On Oct. 25, KB Financial Group announced its business results for the third quarter of 2022 through internet and mobile live-streaming services.KB Financial Group posted 4,027 billion won in accumulated net income in the third …
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on Oct. 25 that it posted 1,121.9 trillion won in net profit in the third quarter, racking up cumulative consolidated net profit of 2,849.4 billion won between the first and third quarters of …
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Chairman Sohn Tae-seung of Woori Financial Group. (Photos: Woori Financial Group)Woori Financial Group announced on Oct. 25 that it posted cumulative net profit of 2,661.7 billion won in the first three quarters of 2022. This figure exceeded the previous year’s annual total. Meanwhile, its thi…
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Chairman Son Byung-hwan of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group posted the highest net profit on an accumulated basis in its history in the first three quarters of 2022. Excluding the agricultural support project costs supplied by NongHyup Financia…
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LG Chem CEO and Vice Chmn. Shin Hak-cheol and Sinopec Chmn. Hou Qijun applaud as both sides signed a deal to jointly develop core materials of the sodium-ion battery at LG Twin Tower in Yeouido, Seoul, Oct. 30. (Photo: LG Chem)LG Chem is joining forc…
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Vice Chairman & CEO Kim Jung-soo of Samyang Foods. (Photos: Samyang Foods)Samyang Foods, once a Korean ramen pioneer and legend, is making a splash in the global ramen market with Buldak Ramen, a spicy ramen brand. Buldak Ramen has establish…
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Dignitaries, including Chmn. Shin Dong-bin of Lotte Group and Indonesian President Prabowo Subianto, applaud as they participated in a ceremony to dedicate a petrochemical plant, dubbed “Lotte Chemical New Ethylene (LINE),” in Cilegon on the island…
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Chairman & CEO Choi Jin-shik of the Federation of Middle Market Enterprises of Korea (FOMEK), Minister for Trade Yeo Han-koo and Malaysian Amb. to Korea Dato' Mohd Zamruni bin Khalid pose with other attendees at speaking at “2025 MME Internation…
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