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Export-Import Bank of Korea President Yoon Hee-sung (third from left) visits a construction site of a Hyundai-SK On joint venture in Georgia of the U.S., on March 27 to take a tour of the site and pledges US$1.5 billion in financial support. (Photo: Korea Eximbank)The Export-Import Bank of Korea (Ko…
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Chairman Kang Seog-hoon of Korea Development Bank (KDB).On April 7, Korea Development Bank completed advisory and financial support for a cross-border M&A deal in which KOSDAQ-listed Nau IB Capital acquired 100 percent of the shares of Sun Fluoro System (SFSJ) in Japan. SFSJ was founded in …
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Kim Sung-tae, president of IBK poses for a photo with Park Jong-gil, chairman of the Korea Workers’ Compensation and Welfare Service after signing a business agreement at the IBK headquarters in Seoul on April 4. (Photo: IBK)IBK announced on April 8 that it has launched the AI Voice Phishing Detect…
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Yang Jong-hee, chairman of KB Financial Group, speaks at the annual general meeting of KB Financial Group at the headquarters of KB Kookmin Bank in Seoul, March 26. (Photo: KB Financial Group)KB Financial Group will continue to do everything it can to elevate its total shareholder return rate, inclu…
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IBK signs a business agreement with Germany's Commerzbank AG to support small and medium-sized enterprises. Kim Sung-tae, president of IBK poses for a photo with Michael Kotzbauer, vice chairman of Commerzbank AG. (Photo: IBK)IBK announced on March 7 that it launched IBK Value Growth Loan to support…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group surpassed annual net profit of 5 trillion won in 2024, as its non-banking affiliates led the way in improving performance amid KB Kookmin Bank’s stagnant business.KB Financial Group announced its annual net…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a net profit of 4,571.5 billion won in 2024, an increase of 3.4 percent from the previous year. Shinhan Bank, in particular, is expected to become the number one bank with the largest…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on Feb. 4 that its consolidated net profit stood at 3,738.8 billion won in 2024, up 9.3 percent from the previous year. In the fourth quarter of 2024 alone, the financial group earned a n…
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Chairman Lee Chan-woo of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group logged a net profit of 2.457 trillion won in 2024. The figure was the highest-ever for the company. Its non-banking affiliates, such as NH Life Insurance, took the initiative in dri…
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President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank launched the SOL Gathering Passbook Service to boost convenience for gathering members on Feb. 11.The SOL Gathering Passbook Service allows users to organize gatherings and invite members without opening an account at Shinh…
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Jeollanam-do Gov. Kim Young-rok and other participants pose for a group photo while attending a policy session on Yeosu and Gwangyang ports, hub ports for Artic routes at the provincial government building on July 11. (Photo: Jeollanam-do)Yeosu Gwang…
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Secretary General To Lam of the Vietnamese Communist Party, escorted by BPA President Song Sang-geun, looks around the seventh wharf of Busan New Port, the nation’s first fully automated terminal, on Aug. 13. (Photo: BPA)Busan and Vietnam are streng…
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President Lee Jae-myung and First Lady Kim Hae-kyung attend a ceremony to receive a letter of “light appointment” from 80 national representatives, at the Gwanghwamun Plaza in Sejong the Great Boulevard in Seoul on Aug. 15, symbolizing popular sove…
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(from left) PCPP Chmn. Lee Han-joo, PCPP Vice Chmn. Jin Sung-joon.The Presidential Committee on Policy Planning (PCPP) under the control of President Lee Jae-myung held a national briefing session at Cheongwadae on Aug. 13 and unveiled a f…
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