Banking & Finance
Banking & Finance
Shinhan to lead financing for battery storage project in Japan
Apr 22, 2025 (Gmt+09:00)
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Banking & Finance
Hana Asset Management to merge with Hana Alternative Asset
Hana Financial Group, the parent of Hana Bank and Hana Securities Co, will merge its two asset management arms to bolster its non-banking services, w...
Mar 24, 2025 (Gmt+09:00)
2 Min read -
Banking & Finance
Hana Financial CEO set for reappointment with foreign investor backing
More than half of the foreign shareholders in Hana Financial Group have thrown their support behind Chief Executive Ham Young-joo for a second term, ...
Mar 20, 2025 (Gmt+09:00)
1 Min read -
Banking & Finance
Shinhan Bank partners with Hyundai Mobis for loan services to suppliers
Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners ...
Mar 16, 2025 (Gmt+09:00)
3 Min read -
Banking & Finance
KB Financial to buy back $359 bn in shares after record net profit in 2024
KB Financial Group Inc., South Korea’s largest financial holding group, will spend nearly 1.8 trillion won ($1.2 billion) to boost shareholder ...
Feb 06, 2025 (Gmt+09:00)
3 Min read -
Banking & Finance
Hana Financial, Bain Capital to expand investment in S.Korea
South Korean Hana Financial Group and the US-based global well-known private equity fund (PEF) Bain Capital plan to strengthen their strategic partn...
Jan 20, 2025 (Gmt+09:00)
1 Min read -
Banking & Finance
Korea Eximbank issues $3 bn global bonds
The Export-Import Bank of Korea (Eximbank) said on Wednesday it issued a total of $3 billion in global bonds, targeting worldwide investors.The matur...
Jan 08, 2025 (Gmt+09:00)
1 Min read -
Banking & Finance
Lotte Card Card to launch loans for affiliates in Vietnam
South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.Lotte Finance Vietnam, the Vietnamese corporation of Lotte Car...
Dec 26, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Hanwha's financial companies open AI center in San Franciso
South Korea’s seventh-largest conglomerate’s financial companies have opened a joint artificial intelligence center in San Francisco, a g...
Dec 10, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
KB Asset parts ways with Dragon Capital in Vietnam
South Korea's KB Asset Management Co. ended its delegated management agreement for public funds with Vietnam's largest asset management company, Drag...
Dec 02, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
KB Kookmin Card, UnionPay to cooperate on marketing
South Korea's KB Kookmin Card said on Tuesday it signed a memorandum of understanding (MOU) with China's UnionPay to cooperate on marketing. On Nove...
Nov 27, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Woori Bank to arrange $3.7 bn for Qatar desalination, power plant
South Korea's Woori Bank said on Tuesday it will arrange the Qatar Ras Abu Fontas desalination and power plant project, estimated to cost $3.7 billio...
Nov 26, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Hanmi Bank rises from Koreatown lender to regional bank
It began in 1982 as a small community bank for Korean immigrants in Los Angeles, California. Today, Hanmi Bank, under Nasdaq-listed Hanmi Financial C...
Nov 15, 2024 (Gmt+09:00)
2 Min read -
Banking & Finance
Shinhan Securities Vietnam launches mobile trading system
South Korea's Shinhan Securities said on Thursday its overseas subsidiary Shinhan Securities Vietnam (SSV) launched a mobile trading system (MTS) "Ne...
Nov 14, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
SFH, where foreign firms build networks in Korea
It can be daunting to do business in a new city in a distant country. But foreign companies seeking to open businesses in South Korea’s capital...
Nov 13, 2024 (Gmt+09:00)
5 Min read -
Banking & Finance
KB Financial first in Korean banking to achieve ISO human capital standard
South Korea’s KB Financial Group said on Tuesday that it had obtained ISO 30414 certification, becoming the first in the domestic financial sec...
Nov 06, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
KakaoBank, SCBX to open internet bank in Thailand
South Korea's KakaoBank Corp. said on Sunday it partnered with Thailand’s financial giant SCBX to establish a local virtual bank. The new ven...
Nov 04, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
KB Asset Management to list Balhae Infrastructure Fund
South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on social ov...
Nov 01, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Mastern Investment reshuffles organizations
Mastern Investment Management Co., South Korea's real estate investment firm, said an organizational restructuring on Friday.The firm streamlined its...
Nov 01, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Lotte Card launches long-term rental car card in Vietnam
South Korea's Lotte Card Co. launched a long-term car rental exclusive card in Vietnam to expand its presence in the local market.Its Vietnamese sub...
Oct 30, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
S.Korea provides financial education for foreigners in bank
South Korea's Financial Supervisory Service (FSS) launched financial education for foreign residents at specialized bank branches for foreigners. The...
Oct 29, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Korea's Hana Bank to promote foreigners as managers in overseas units
South Korean banks are set to reshuffle overseas units by promoting local staff to management positions, in a bid to boost the sluggish profitability...
Oct 28, 2024 (Gmt+09:00)
2 Min read -
Banking & Finance
Samsung Asset releases KODEX India ETF Investment Guide
South Korea's Samsung Asset Management said on Monday it released its KODEX India ETF Investment Pocket Guide.The guide provides information on the r...
Oct 28, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Mirae Asset's IRP deposits surpasses $7.2 bn in 2024
South Korea's Mirae Asset Securities Co. said on Friday it became the first in the industry to surpass 10 trillion won ($7.2 billion) in individual r...
Oct 25, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
MBK Partners named as Time World's Best Companies
South Korea's private equity firm MBK Partners Ltd. said on Friday it was selected in the "2024 World’s Best Companies" list by international w...
Oct 25, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
KB Financial to use excess capital for share buybacks, dividends
KB Financial Group Inc., South Korea’s largest financial holding group, is set to use its excess capital for share buybacks and dividends next ...
Oct 25, 2024 (Gmt+09:00)
3 Min read -
Banking & Finance
Mirae Asset's retirement pension reserves rise by $2.9 bn in 2024
South Korea's Mirae Asset Securities Co. said on Tuesday that its defined contribution (DC) retirement pension and individual retirement pension (IRP...
Oct 22, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
S.Korea's Hana Card, KFCC launch first PLCC
South Korea's Hana Card said on Tuesday it launched the first private label credit card (PLCC) product, the "MG+ Credit Card Primo Hana Card" of the ...
Oct 22, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
KB Kookmin Bank opens branches in Chennai, Pune
South Korea's KB Kookmin Bank opens branches in Chennai and Pune, major economic hubs in India on October 21. The bank, which established its Gurugra...
Oct 21, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Hanwha Securities completes acquisition of Ciptadana in Indonesia
South Korea's Hanwha Investment & Securities said on Thursday that it completed the acquisition of Indonesia's Ciptadana Sekuritas.Ciptadana Seku...
Oct 17, 2024 (Gmt+09:00)
1 Min read
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