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Sun, October 1, 2023 | 22:16

Banks rush to employ digital specialists

Banks rush to employ digital specialists

For decades, traditional banking jobs have been predominantly dominated by those with majors in business or accounting. This trend, however, appears to be waning. As traditional employees depart due to the decreasing number of physical branches, digital talent is stepping in to fill the void.

Lee Yeon-woo | 2023-09-12 16:00

Hana invites overseas employees to workshop

Hana invites overseas employees to workshop

Employees from Hana Financial Group's overseas business operations pose with the group's executives during a workshop in the district of Cheongna International City in Incheon, Sept. 9. Titled, “All Connected in Hana Global,” the workshop was held from Sept. 4 to 9, with 30 invited employees from 20 countries at the group's training center on Cheongna Global Campu...

Yi Whan-woo | 2023-09-10 16:28

KB Financial to enhance non-banking business under new leadership

KB Financial to enhance non-banking business under new leadership

The nomination of KB Financial Group Vice Chairman Yang Jong-hee as the group's next chief signals that the group is on course to bolster its non-banking business under a broader strategy...

Yi Whan-woo | 2023-09-10 16:25

Yang Jong-hee tapped as next chairman of KB Financial Group

Yang Jong-hee tapped as next chairman of KB Financial Group

KB Financial Group announced Friday that it selected Yang Jong-hee, the group's vice chairman, as the final candidate to become the next chairman. His professionalism in both banking and non-banking industries was highly regarded.

Lee Yeon-woo | 2023-09-08 20:52

Why do financial group leaders purchase treasury stocks?

Why do financial group leaders purchase treasury stocks?

Major financial group leaders are actively purchasing treasury shares as a gesture of their commitment to taking a more hands-on approach to corporate management. At the same time, these actions are seen as an attempt to support their undervalued stocks.

Lee Yeon-woo | 2023-09-08 16:25

Strengths of 'K-procurement' system shared with diplomats from 13 Asia-Pacific countries

Strengths of 'K-procurement' system shared with diplomats from 13 Asia-Pacific countries

The Public Procurement Service (PPS), a government department that oversees and manages the public procurement activities of Korea, has stepped up its efforts to strengthen global cooperation with overseas counterparts, aiming to further promote the excellence of what it calls “K-procurement.”

Anna J. Park | 2023-09-07 16:46

Woori chairman to engage in first overseas investor relations trip

Woori chairman to engage in first overseas investor relations trip

Woori Financial Group Chairman and CEO Yim Jong-yong will travel to London next week, engaging in his first overseas investor relations trip after he took office in March. Yim will be one of the members of a delegation led by Financial Supervisory Service (FSS) Governor Lee Bok-hyun, to promote the financial soundness of Korean finance services firms as well as their efforts ...

Yi Whan-woo | 2023-09-07 16:11

KB Financial Group supports promotion of small restaurants

KB Financial Group supports promotion of small restaurants

KB Financial Group launched a support program for small restaurants in Seoul. They will receive a subsidy for displaying KB Financial Group promotional videos as well as the restaurants themselves on media platforms installed in their shops.

2023-09-06 17:09

Kakao CFO sanctioned for buying $75,000 in game items using corporate card

Kakao CFO sanctioned for buying $75,000 in game items using corporate card

Kakao imposed a three-month suspension on the company's Chief Financial Officer (CFO) Kim Ki-hong for purchasing around 100 million won ($75,000) worth of game items using his corporate credit card.

Anna J. Park | 2023-09-06 16:02

Korean banks struggle to diversify business portfolios

Korean banks struggle to diversify business portfolios

Accessing financial services was relatively simple in the past, since there were few options other than to physically visit a bank branch to do that. With the advent of digitalization, however, competitors from the IT industry have entered the financial sector, equipped with innovative services that are much more convenient to use.

Lee Yeon-woo | 2023-09-05 17:18

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