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Economy/Finance
Chairman and CEO Choi Won-mok of Korea Credit Guarantee Fund (KODIT) poses with KODIT officials as he toured KODIT’s pavilion at Songdo Conventia, Incheon, the venue of the 56th Annual Meeting of the Board of Governors of the Asian Development Bank. (Photo: KODIT) Korea Credit Guarantee Fund (…
Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a net profit of over 1 trillion won in the first quarter of this year. Despite a decline in interest income and the accumulation of provisions for internal and external uncertainties,…
Chairman Yoon Jong-kyu of KB Financial Group. (Photo: KB Financial Group)KB Financial Group racked up a net profit of 1.5 trillion won in the first quarter of 2023. The financial group announced on April 27 that its net profit for the first quarter of this year was 1.4976 trillion won, up 2.5 p…
Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on April 27 that it posted consolidated net profit of 1,102.2 billion won in the first quarter, up 22.1 percent year on year and will pay an interim dividend of 600 won per share. Comment…
Chairman Lim Jong-yong of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group announced on April 24 that it earned a net profit of 911.3 billion won in the first quarter (January-March) of 2023.This is almost 2 times the 480 billion won earned in the fourth quarter of 2022 and…
Chairman Lee Suk-joon of NongHyup Financial Group. (Photo: NH NongHyup Financial Group)NH NongHyup Financial Group posted a 59 percent year on year improvement in net profit in the first quarter of this year despite a sharp drop in its interest income. Credited were a turnaround in NongHyup Lif…
Shinhan Bank signs a strategic business agreement with Khan Bank, the largest bank in Mongolia, to promote digital finance on May 4. Shinhan Bank Vice President Lim Soo-han (left) shakes hands with Khan Bank Vice President Degi Erdenedelger Bavlai after the signing ceremony. (Photo: Shinhan Bank)Shi…
KB Financial Group holds “KB Financial Group Cocktail Reception” at the Sheraton Grand Incheon on May 4. KB Financial Group Chairman Yoon Jong-kyu poses for a photo with James Quigley, vice chairman of Bank of America (BoA) before the reception. (Photo: KB Financial Group)More than 200 guests from…
Hana Financial Group’s booth at the Networking Hub on the first floor of Songdo Convensia. (Photos: Hana Financial Group) Hana Bank officially sponsored the 56th Annual Meeting of the Asian Development Bank (ADB), which took place in Songdo, Incheon, Korea. Hana Financial Group also publi…
At the ADB Annual Meeting in Songdo, Incheon, Woori Bank showcases Won Bizplaza, a supply chain finance platform launched in September 2022. Visitors try Won Bizplaza services at the exhibition booth. (Photo: Woori Bank)Woori Bank introduced “Won Bizplaza,” a supply chain finance platform at the v…
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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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