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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Hana's Cheonan Culture Bank fortifies services for foreigners

Hana Bank CEO Lee Seung-lyul, fourth from left, cuts ribbons with Cheonan Mayor Park Sang-don, fifth from left, and other guests at an event celebrating the opening of the bank’s relocated branch of Cheonan Culture Bank, Monday. Hana said the branch, with a wide presence of foreign workers and families of multicultural backgrounds, will be elevated to a global community center in South Chungcheong Province. The branch offers health care services, cultural activities, job training programs for marriage immigrants as well as education venues and community spaces. Courtesy of Hana Financial Group

May 13, 2024By Lee Kyung-min
Hana's Cheonan Culture Bank fortifies services for foreigners

Hana Financial begins annual internship program to create jobs for underprivileged

Hana Financial Group launched Hana Power-on Innovative Company Internship 2024, a job creation program for people with disabilities, women and young people, the group said Sunday.

May 12, 2024By Lee Kyung-min
Hana Financial begins annual internship program to create jobs for underprivileged

Major brokerages show strong Q1 performance, but real estate project financing risks loom

The country's major brokerage firms marked significantly improved performances in the first quarter compared to the same period last year, but reserving provisions for non-performing real estate project financing (PF) will be a key variable affecting their future performance, market observers said.

May 12, 2024By Lee Yeon-woo
Major brokerages show strong Q1 performance, but real estate project financing risks loom
  • Securities firms slammed for indifference to protecting investors

Insurers push to introduce AI-based digital business card

Insurance companies are rushing to introduce digital business cards using artificial intelligence (AI), in a bid to build trust between financial planners and clients more effectively.

May 10, 2024By Yi Whan-woo
Insurers push to introduce AI-based digital business card
  • Consumers complain about banks' AI-powered customer service

How companies are cutting prices despite soaring inflation

Multiple retailers are capitalizing on their respective supply networks to offer customers goods at extremely low prices, defying the industry practice of hiking prices in a bid to secure profitability against persistently high inflation.

May 10, 2024By Yi Whan-woo
How companies are cutting prices despite soaring inflation

Overseas remittance fintech firms partner with BC Card

With over 2.36 million foreign nationals residing in Korea, BC Card has been satisfying the needs of fintech firms specializing in overseas remittance businesses.

May 10, 2024
Overseas remittance fintech firms partner with BC Card

Stock-rich K-content industry players hit by fall in stock valuation

Stock-rich Koreans in K-pop, TV show, movie and other creative content industries were hit with a nearly 20 percent fall in their stock values combined, data showed Thursday.

May 10, 2024By Yi Whan-woo
Stock-rich K-content industry players hit by fall in stock valuation

Koreans are financially better off than they think, survey shows

Kang Min-ku, a 40-something CEO of a medium-sized manufacturing company in Jeonju, North Jeolla Province, thinks he belongs to the middle class, although he owns a business that hires more than 100 employees and pays their salaries on time.

May 9, 2024By Yi Whan-woo
Koreans are financially better off than they think, survey shows

Korea's finance ministry meets with Citigroup

Vice Finance Minister Kim Byoung-hwan, center, poses with Citigroup Vice Chairman Jay Collins, second from left, and Citibank Korea CEO Yoo Myung-soon, fourth from left, before their meeting at the government complex in downtown Seoul, Thursday. Courtesy of Ministry of Economy and Finance

May 9, 2024By Yoon Ja-young
Korea's finance ministry meets with Citigroup

Insurers rush to introduce products catering to women

Insurance companies are rolling out products exclusively for women, as they have a far higher subscription rate than men as they get older, thus making them more profitable clients.

May 9, 2024By Yi Whan-woo
Insurers rush to introduce products catering to women
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