Banking & Finance

Hana Financial Group meets global investors in Hong Kong

Hana Financial Group held investor relations (IR) sessions in Hong Kong targeting global investors, spearheading efforts to enhance the corporate value of the Korean financial industry, the group announced Wednesday.

Jun 19, 2024By Yoon Ja-young

Hana Financial Group meets global investors in Hong Kong

What's behind stagnant Naver's stock?

Naver is extending its sluggish run on the benchmark KOSPI, as it is caught in the middle of a fast-changing landscape concerning social media, search engines, artificial intelligence, e-commerce and other sectors where it excelled in Korea.

Jun 18, 2024By Yi Whan-woo

Up to 90,000 Koreans denied loans from lenders of last resort

Up to 90,000 Koreans were refused loans from banks, credit card firms and institutional lenders, as well as lower-tier private money lenders operating within legal boundaries, due to their low credit ratings, a study showed Tuesday.

Jun 18, 2024By Yi Whan-woo

Up to 90,000 Koreans denied loans from lenders of last resort

Korean banks' aggressive global expansion fails to yield strong results

Major Korean banks earned less than 1 trillion won ($724.9 million) in net profit from overseas markets last year, data showed Tuesday. The industry explained that a prolonged period of high interest rates significantly increased the non-performing loans of local subsidiaries, causing the banks to incur losses.

Jun 18, 2024By Lee Yeon-woo

Korean banks' aggressive global expansion fails to yield strong results

Eximbank signs $198 mil. loan agreement with Uzbekistan

The Export-Import Bank of Korea (Eximbank) signed an agreement with the government of Uzbekistan to provide a loan through Korea’s Economic Development Cooperation Fund (EDCF), the bank announced Monday.

Jun 17, 2024By Yoon Ja-young

Eximbank signs $198 mil. loan agreement with Uzbekistan

Korea to issue visas for K-culture training, rural workcations

Korea will introduce a visa for foreign nationals who want to receive training in K-pop, choreography, fashion modeling and other categories of Korean popular culture, the government announced, Monday.

Jun 17, 2024By Yi Whan-woo

Korea to issue visas for K-culture training, rural workcations

Korea to ease visa requirements for researchers

Nearly 1 mil. businesses closed in 2023 due to weak domestic demand

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Banking & Finance

Hana Financial Group meets global investors in Hong Kong

What's behind stagnant Naver's stock?

Up to 90,000 Koreans denied loans from lenders of last resort

Korean banks' aggressive global expansion fails to yield strong results

Eximbank signs $198 mil. loan agreement with Uzbekistan

Korea to issue visas for K-culture training, rural workcations

Rise in wealth among Korea's ultra-rich spurs demand for tailored asset management services

People are spending more to stay happy, healthy, beautiful, Shinhan Card report finds

Woori Financial partners with Nuveen to strengthen investment banking competitiveness

Gov't eyes rescue measures for cash-strapped self-employed people

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