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Finance

Banks

Mon, July 22, 2019 | 00:29

Bank CEOs bracing for tougher conditions in 2nd half

Leaders of major banks pledged to boost performance for the latter half of the year at executive-level meetings held last week, amid an increasingly tough environment for the banking sector. Shinhan Bank CEO Jin Ok-dong stressed customer-centeredness as the bank's core value at a strategy meeting with some 1,000 executives and managers at the bank's training center in Yongin,...

Kim Bo-eun | 2019-07-21 16:46

CEO hanging out with millennials

KEB Hana Bank CEO Ji Sung-kyoo, front row center, takes a selfie with bank employees at a theater in Daehangno, Seoul, Friday, after watching a play there. The event is part of the CEO's efforts to enhance communication with and better understand millennial generation employees. / Courtesy of KEB Hana Bank

Kim Bo-eun | 2019-07-21 16:02

KEB Hana introduces banking app for foreigners

KEB Hana Bank rolled out a banking app for foreigners, the bank said Friday.

Jhoo Dong-chan | 2019-07-19 17:47

Best service bank

KEB Hana Bank CEO Ji Sung-kyoo, right, holds a plaque with Korea Management Association Consulting President and CEO Kim Jong-lib at the bank's head office in Seoul, Thursday. The bank has topped the customer service category in the consulting and rating agency's Korea Service Quality Index for four years in a row. / Courtesy of KEB Hana Bank

Jhoo Dong-chan | 2019-07-18 19:23

Banks fix eyes on auto loan market

The nation's commercial banks are introducing a series of auto loan products with lower interest rates. Auto loans used to be an exclusive financial product for capital firms, but now lenders have joined the industry as part of efforts to diversify their business portfolio.

Jhoo Dong-chan | 2019-07-18 19:23

Korea's best bank

Shinhan Bank's Hong Kong branch head Yeom Mun-cheol, center, poses with officials from Euromoney magazine during the Award for Excellence Asia 2019 event at JW Marriott Hotel in Hong Kong, Tuesday. The magazine publisher selected the bank as Korea's best bank for its high profitability and innovativeness. / Courtesy of Shinhan Bank

Park Jae-hyuk | 2019-07-17 15:45

Supporting IT students

Shinhan Bank CEO Jin Ok-dong, second from left in fourth row, poses with students from 10 high schools specializing in information technology, during a ceremony at the bank's main office in Seoul, Monday. The ceremony was held to celebrate cooperation between the bank and the schools. / Courtesy of Shinhan Bank

Park Jae-hyuk | 2019-07-16 17:32

Banks rush to adopt 'open banking'

Banks are rushing to embrace “open banking,” a new financial data management and operating system that will go into effect in October, in order to get the upper hand in the rapidly-developing area. Open banking is a comprehensive joint payment system based on an application programming interface (API), an intermediary program that enables various software to interact.

Lee Kyung-min | 2019-07-16 17:26

Support for SMEs' overseas affiliates

KEB Hana Bank CEO Ji Sung-kyoo, right, poses with Korea Technology Finance Corp. (KOTEC) Chairman Jeong Yoon-mo after the two signed an agreement on supporting small- and medium-sized enterprises (SMEs), at KOTEC's office on Yeouido, Seoul, Monday. KEB Hana Bank will provide loans for SMEs' overseas affiliates. / Courtesy of KEB Hana Bank

Kim Bo-eun | 2019-07-15 16:49

Wedding day of multiracial couples

Woori Financial Group Chairman and Woori Multicultural Scholarship Foundation Chairman Sohn Tae-seung, center, poses with multicultural couples during a joint wedding ceremony at Woori Bank headquarters in Seoul, Sunday. The foundation hosted the event for couples who could not afford a wedding ceremony due to financial difficulties. / Courtesy of Woori Bank

Park Jae-hyuk | 2019-07-15 15:31

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