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Shinhan Bank President Jin Ok-dong. (Photos: Shinhan Bank)In November 2019, Jin Ok-dong, president of Shinhan Bank, compared himself to Don Quixote in a press conference held in honor of his inauguration as head of Shinhan Bank. “To bring innovation to Shinhan Bank, we need extraordinary ideas like…
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KB Financial Group Chairman Yoon Jong-kyu (first from left) talks to employees in e-Town Hall Meeting held in New KB Kookmin Bank Building in Yeoido, Seoul on Dec. 2. (Photo: KB Financial Group)KB Financial Group Chairman Yoon Jong-kyu had a chat with employees about a wide array of news regarding t…
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President Wi Sung-baek of Korea Deposit Insurance Corp.(KDIC). (Photos: KDIC)At the moment, if a person makes an online transfer of money to a wrong person, he or she will have many difficulties in making the money to return. So some con artists took advantage of this fact for the purpose of swindli…
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KDB Chairman Lee Dong-gull speaks about Korean Air’s deal to acquire Asiana Airlines at an on-line news conference on Nov. 16. (Photo: KDB)Korea Development Bank’s plan to restructure the Korean aviation industry is being accelerated. KDB’s plan to let Korea Air merge Asiana Airlines into a sole …
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Hana Bank President Ji Sung-kyu. (Photos: Hana Bank)Hana Bank announced on Dec. 1 that it was honored as the “Best Foreign Exchange Provider in Korea 2021” by Global Finance Magazine, a global financial and economic media outlet.This means Hana Bank has won the Best Foreign Exchange Bank Award in …
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Chairman Sohn Tae-seung of Woori Financial Group. (Photos: Woori Financial Group)The Woori Financial Group announced on Nov. 25 that it has signed an investment agreement for Woori Global Infrastructure New Deal Fund, the first New Deal fund in the financial sector to invest in infrastructure and in…
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NongHyup Bank President Son Byung-hwan tours NongHyup Bank Integrated IT Center to inspect the emergency operation of major computing facilities. (Photo: NongHyup Bank)NongHyup Bank President Son Byung-hwan was presented with the top prize in the bank category of the 2020 Korea Financing Grand Award…
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CEO Shin Hong-sup of KB Savings Bank (Photos: KB Savings Bank)CEO Shin Hong-sup of KB Savings Bank received the top prize in the savings bank category of the 2020 Korea Financing Grand Awards. The savings bank has been credited with “Kiwibank,” a mobile banking platform in which the bank has execu…
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Investors asks questions about an IPO of Kakao Games in the Yeouido Branch of Korea Investment & Securities. (Photo: KIS) This is the hottest year to get involved in initial public offerings (IPO). Thanks to low interest rates and a booming stock market, huge investments flowed into the IPO mark…
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The KRX oil market, which marks its eighth anniversary this year, contributed to cutting consumer prices of petroleum products in Korea, according to oil market analysts. The market introduced an online competition system for the first time in the Korean petroleum product distribution market which h…
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President Hwang Ju-ho of Korea Hydro & Nuclear Power (KHNP) (Photos: KHNP)Korea Hydro & Nuclear Power (KHNP) held the “Team Korea Project Promotion Strategy Meeting for the Czech New Nuclear Power Project” to implement the new nuclear power…
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(from left) Chmn. Koo Ja-kyun of LS ELECTRIC, President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) and President Koo Bon-gyu of LS Cable & System attend a ceremony to strike an MOU on building a data center superconductivity power gird …
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Chairman Koo Ja-eun of LS Group. (Photos: LS Group)The “One Big Beautiful Bill Act (OBBBA)” which went into force after it was signed by U.S. President Donald Trump, has made Korean companies stand on the guard due to curtailment and early terminat…
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Chairman Park Jung-won of Doosan Group. (Photo: Doosan Group)Doosan Enerbility said on July 23 that it had obtained a type certification from Underwriters Laboratories (UL), the global leader in product safety testing and certification, for its 10MW …
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