Leader'S Club
Leader'S Club은 유가증권 성장 법인과 코스닥 성장 법인을 대상으로 IR(Investor Relations)활동을 지원하는 서비스 입니다.
PRICE09:00 AM KST 01/01/1970(20minute delay)
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₩ 47,750
₩ 4000.83%
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$ 35.39
$ 0.30.81%
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Previous Close
48,150
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Open
48,150
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High
48,200
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Low
47,600
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Volume
786,114
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Market Cap (T KRW)
37,536,943,500
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Industry
Etc.
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CEO
Shin Sang Hoon
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Headquarters
120 2ga Taepyungro Jung Gu Seoul 100 724 Korea
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Website
Related Articles
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Big 4 banking groups post record earnings on lending growth
South Korea’s top four major banking groups -- KB, Shinhan, Hana and Woori -- saw their combined earnings last year hit a record high, largely buoyed by robust interest and commission income. According to their separate regulatory filings, the total net profit of the firms soared 34.5 percent on-year to 14.5 trillion ($12 billion) last year, eclipsing the previous record of 10.8 trillion won in 2020. KB Financial Group outpaced rivals in terms of net profit. Its net increased 27.6 perc
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[Newsmaker] Hana Financial taps man behind successful KEB merger transition as new chief
South Korea’s Hana Financial Group has nominated Vice Chairman Ham Young-joo, who led its flagship lender’s smooth operation and business rebranding after its grueling acquisition of Korea Exchange Bank seven years ago, to be the next chairman of the banking group. On Tuesday, the firm’s chairman nomination committee tapped Ham as the sole nominee for the position, citing his performance in generating profit and bolstering stability in business. Ham has also shown “extra
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Financial firms to pay out record bonuses on upbeat earnings
Employees at South Korean financial firms will receive up to four times their monthly salary as their bonuses for 2021, backed by booming business, sources said Sunday. Woori Bank, one of the major commercial lenders here, has recently agreed with its union to hand its employees performance bonuses worth 300 percent of their monthly salaries plus some 1 million won ($830), according to industry sources. The nation’s No.1 commercial bank by performance, KB Kookmin Bank and its long-time
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KB, Hana, Shinhan recognized in 2022 Bloomberg Gender-Equality Index
South Korea’s top banking groups KB, Hana and Shinhan are included in this year’s Bloomberg Gender-Equality Index, which recognizes businesses committed to transparency in gender reporting and promoting women’s rights, the firms said Thursday. This marks KB and Shinhan’s fourth consecutive year, and Hana’s first time to be recognized by the GEI. The GEI was expanded in 2022 to represent 45 countries and regions, and 418 public companies across various sectors, inc
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Banking groups beef up auto financing to lure young drivers
South Korea’s banking groups have started upgrading their auto loan and financing services to the next level this year, aiming to go beyond their traditional business to attract mobile-first customers. KB Financial Group, the nation’s No. 1 banking group by total assets, has expanded its car financing services offered via online and mobile platforms, mostly through its leasing and installment financing unit KB Capital. On Jan. 4, KB Capital signed a deal with Volvo’s electri
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Woori, Shinhan chiefs pledge to achieve customer centricity
Chiefs of South Korea’s Woori Bank and Shinhan Bank vowed to pursue customer-centric changes as a key goal for this year, the firms said Sunday. Woori Bank CEO Kwon Kwang-seok asked his employees to cooperate with the firm’s transition into a “customer-centric financial platform,” at a business strategy meeting held on both Zoom and via the metaverse. “The timeless solution toward success for businesses has always been the customers,” Kwon said at the
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KB Kookmin Bank makes inroads into Singapore
South Korea’s KB Kookmin Bank opened a branch in Singapore, which will work as its gateway into the Association of Southeast Asian Nations and global markets, the firm said Thursday. The launch of the branch came eight months after KB Kookmin was granted a license to operate a wholesale bank from the Monetary Authority of Singapore, according to the firm. The new branch’s key focuses are retail, corporate and investment banking and will partially deal with brokerage services. Wi
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Seoul stocks hit 7-week low on inflation risk
South Korean stocks dropped to their lowest in almost seven weeks on Monday as investors dumped holdings on concerns about mounting inflationary pressure. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) slid 31.82 points, or 1.09 percent, to close at 2,890.1 points. The reading marked the lowest closing since Nov. 30. Trading volume was moderate at about 571 million shares worth some 9.8 trillion won ($8.2 billion), with losers outnumbering g
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Banks turn to richest clients for 2022
With government restrictions on loans getting tighter and financial technology firms expanding their presence, South Korean banks are turning to their wealthiest clients and their asset management as a survival tactic this year. NongHyup Bank CEO Kwon Joon-hak pledged Monday to adopt a new model that connects customers with wealth managers through its own digital channel. He said he plans to provide professional and quality services to customers using its digital wealth management channel, in
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Samsung's chip biz faces minimal impact from Xi'an lockdown: analysts
The prolonged lockdown in the Chinese city of Xi'an will have minimal impact on the performance of Samsung Electronics Co., which has a chip fabrication complex there, analysts said Wednesday. Samsung, the world's largest memory chip maker, temporarily adjusted operations at its NAND flash chips manufacturing base in the city late last month, following the city's draconian restrictions imposed on Dec. 22, banning its 13 million citizens from venturing out and doing nonessential activities, to s
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Digital platforms for secondhand trading emerge as new retail unicorns
Market valuation estimates of local digital platforms that promote individual trading of secondhand products have been on the rise with traditional retailers and even banks injecting large investments in hopes of them becoming the next Coupang and Market Kurly. Some market insiders say that valuation of Danggeun Market, the nation’s biggest secondhand trading app by transaction volume, is estimated at 3 trillion won ($2.5 billion). The figure, though based on mere estimation, surpasses
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ShinhanCard launches ‘first’ NFT service
ShinhanCard said Tuesday it had launched a nonfungible token service for clients to store their pictures using the digital assets -- a first by a local financial company. NFTs are authenticated by blockchain, a record of transactions kept on networked computers that serves as a public ledger for verifying ownership. Each NFT has a unique digital signature and digital objects, like images and videos, are traded as NFTs. “Our clients wouldn’t have to worry about making the actual tra
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Banking chiefs say digital transformation key to survival
Heads of South Korea’s top five traditional banking groups on Monday pointed to swift digital transformation and bolstering competitiveness of diverse business units as the main requirements for their survival in the new year. KB Financial Group, the nation’s No. 1 banking group in terms of total assets, must become the nation’s top financial platform and provide customers with the best digital services, its Chairman Yoon Jong-kyoo said in his New Year’s speech. Yoon h
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Tech firms’ rush into finance puts pressure on banks, regulators
Naver and Kakao -- Korea’s two largest online service providers -- are prompting financial companies to better meet fintech needs and regulators to write rules that are fair to both of them. Naver Financial, a key Naver fintech subsidiary, started offering loans last year to small businesses with Woori Bank. The Naver Financial CEO said last month that he was considering seeking a permit to oversee more banking services to issue insurance and credit cards. Meanwhile, Kakao Pay, a mo
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More women promoted, but hurdles remain in S. Korea's finance
The public and private financial sectors have recently appointed more women for leadership amid their drive to adopt environmental, social and governance values, but the field remains overwhelmingly male. The watchdog Financial Supervisory Service on Wednesday appointed its first “inside” female executive, a turn from its previous moves to hire women for the position from outside institutions including universities. This marked the first of such move in the FSS’ 22-year histo