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Leadership reshuffles to sweep across banking industry
...erms early next year. Among them are Shinhan Financial Group Chairman Cho Yong-byoung, whose term w... year, about a month or more later than other financial group chiefs. In KB Financial Group, the te...
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Financial groups see earnings boost in H1 despite sluggish market
South Korea’s major financial groups posted record-breaking earnings during the first half of the y...ntage point during the second half of the year,” KB Financial CFO Kim Ki-hwan said. By Bae Hyun-jun...
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Woori Financial Group reports record-high net profit for H1
Woori Financial Group said Monday that it recorded a net profit of nearly 1.8 trillion won ($1.53 b...s after Woori in January became Korea’s fifth financial holding entity after KB, Shinhan, Hana and N...
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Korea seeks stronger ties with young, fast-growing economies of Southeast Asia
...nd Vietnam. Last year, nearly 60 percent of the group’s sales came from four Southeast Asian nations...t’s New Southern Policy, the number of Korean financial companies advancing into Southeast Asia has ...
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[Weekender] A game of chicken
...int of view, however, the trend may be overdone. According to Statistics Korea and a study by the KB Financial Group Economic Research Institute, there were nearly 87,000 chicken eateries as of February th...
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No. of fried chicken stores dwindle at faster pace
...h Korea and many newer outlets are being launched, but more of them are closing each year, data by KB Financial Group showed Monday. KB Research under KB Financial Group released a detailed analysis of the fried chicken business, indi...
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Under growing pressure to boycott coal, banks face ‘client dilemma’
...ainability Investing Forum. But he said local financial organizations are still reluctant to officia...ear of offending their clients. The KSIF civic group was in charge of leading two major public fund...
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Korean banks’ household lending growth picks up speed in April
...the biggest contraction since the 2008 global financial crisis, the central bank said last week. Ho...e-backed loans, credit-based personal loans and group loans. Of them, mortgage loans take up the big...
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FSS’ revival of comprehensive inspection of financial firms prompts concerns
South Korea’s financial regulator will take initial steps in reviving the comprehensive inspection ... launch the inspection of at least five local financial firms, starting with KB Securities in May. T...
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Korea kick-starts ‘innovative finance’ body, pledging W225tr in investment
...e task force is being led by the chief of the Financial Services Commission, the country’s top finan...om the business sector are Korea’s five major financial groups -- Shinhan Financial, KB Financial, H...
