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Finance

Banks

Thu, January 21, 2021 | 10:31

Will KB manage to achieve profit in Myanmar?

Will KB manage to achieve profit in Myanmar?

KB Kookmin Bank started its business in Myanmar last week and all eyes are on whether the lender will be able to achieve a profit from the Southeast Asian branch in its first year despite lingering virus uncertainties there.

2021-01-20 08:55

Suh chosen as sole CEO candidate for K bank

Suh chosen as sole CEO candidate for K bank

Hankook Tire & Technology Senior Vice President Suh Ho-sung has been chosen as the sole candidate to become the chief executive of K bank, the internet-only bank said, Monday.

2021-01-18 15:39

2021 expected to be banner year for Kakao Bank, Toss

2021 expected to be banner year for Kakao Bank, Toss

Last year was a historic year for initial public offerings (IPOs). While 2021 is shaping up to be no less exciting especially for fintechs, Kakao Bank and Toss are considered as some of the top IPO candidates that deserve a closer look.

2021-01-17 15:12

Hankook Tire executive may lead K bank

Hankook Tire executive may lead K bank

Hankook Tire & Technology Senior Vice President Suh Ho-sung has emerged as the top candidate to possibly lead K bank, succeeding the internet-only bank's former head, Lee Mun-whan, who abruptly resigned earlier this month citing personal reasons, less than a year after his appointment.

2021-01-17 13:45

Hana Bank pushes for English-language documentation

Hana Bank pushes for English-language documentation

Hana Bank will introduce documents written in both English and Korean in the latter half of 2021, as part of a group-wide globalization vision, the lender said Friday.

2021-01-15 16:54

Will Korean bank stocks bounce back on blue wave?

Will Korean bank stocks bounce back on blue wave?

Investors are paying growing attention to whether Korean bank shares will be able to benefit from the so-called blue wave, a commonly used phrase referring to U.S. President-elect Joe Biden's stronger political grip there, as this raises hopes for a rise in the interest rate here.

2021-01-14 16:45

President's fund pick draws investor attention

Woori Financial Capital swears in new CEO

Woori Financial Capital swears in new CEO

Woori Financial Capital held a ceremony Wednesday appointing new CEO Park Kyoung-hoon, the vehicle-financing subsidiary of Woori Financial Group said Thursday.

2021-01-14 14:46

Industrial Bank of Korea under pressure to appoint board member from union

Industrial Bank of Korea under pressure to appoint board member from union

The Industrial Bank of Korea (IBK) is under pressure to give its union more of a say in its decision-making process, as a person recommended by the union is expected to become a non-executive board member for the first time in the country's banking industry.

2021-01-13 15:13

Financial groups focus on investing in zero-carbon drives

Financial groups focus on investing in zero-carbon drives

Korea's major financial groups have launched zero-carbon initiatives, amid the public's rising awareness and demand for financial companies' sustainable environmental, social and corporate governance (ESG) investing strategies.

Anna J. Park | 2021-01-13 09:20

K bank in urgent search for new CEO

K bank in urgent search for new CEO

K bank is urgently searching for a new figure to serve as its CEO after former chief Lee Mun-whan resigned abruptly, Friday.

2021-01-11 16:19

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