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Chairman Lee Chan-woo of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group announced on April 30 that its net profit amounted to 714 billion won in the first quarter of 2025. This was a 10.7 percent increase from 64.48 billion won in the first quarter of 2024 a…
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President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on April 29 that it will hold a promotion to offer a preferential 100 percent exchange rate to foreign customers who remit their salaries in Korea to their home countries by Dec. 31 of 2025. This promotion is…
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President Lee Hwan-joo of KB Kookmin Bank. (Photos: KB Kookmin Bank)KB Kookmin Bank claimed first place in terms of returns on non-principal-guaranteed products of defined contribution (DC) retirement pensions and individual retirement pensions (IRPs) among all banks that are retirement plan provide…
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President Lee Ho-sung of Hana Bank. (Photos: Hana Bank)Hana Bank announced on May 2 that it has signed a business agreement with the Association of Vietnamese Residents in Korea, at the Vietnamese Embassy in Jongno-gu, Seoul, on April 29. The deal mean Hana Bank will provide financial education…
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Jung Jin-wan, president of Woori Bank, shakes hands with Ahn Jung-hwan, head of K-water’s Ukraine Reconstruction Group at Woori Bank’s Poland Branch on May 7. (Photo: Woori Bank)Woori Bank announced on May 8 that it held a meeting with Korea Water Resources Corporation (K-water) at Woori Bank’s P…
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President Kang Tae-young of NongHyup Bank. (Photos: NongHyup Bank)NongHyup Bank announced on April 30 that it signed an export financing business agreement with the Korea Defense Guarantee Cooperative to support Korean defense companies’ overseas expansion. The signing event took place at the …
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President Park Chang-hoon of Shinhan Card. (Photos: Shinhan Card)Shinhan Card announced on April 21 that it has launched Shinhan Card Discount Plan and Shinhan Card Discount Plan+, which provide discounts of up to 20 percent according to the daily, monthly, and yearly spending schedules of customers…
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President Kim Sung-hwan of Korea Investment & Securities. (Photos: KIS)As Korea’s financial authorities speed up the introduction of the Investment Management Account (IMA) System, Korea Investment & Securities (KIS) is emerging as a potential candidate to start the IMA System. The IMA…
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Vice Chmn. Yoo Chang-soo of Eugene Investment (Photos: Eugene Investment)Eugene Investment said the company is operating 2025 Eugene Running Crew (ERC) Class event to promote healthy lives for investors.The class will be conducted on seven occasions at 7 p.m. every Thursday between April 10 and May …
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Chairman Jin Ok-dong delivers greetings at the 24th Annual General Meeting of Shareholders at Shinhan Financial Group’s headquarters in Seoul, on March 26. (Photos: Shinhan Financial Group)Shinhan Financial Group Chairman Jin Ok-dong said on March 26 that he will make 2025 a year of “value-up” an…
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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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