Economy - The Korea Times

KRX donates W50 mil.

Korea Exchange (KRX) Management Support Team head Ahn Sang-hwan, left, smiles with Yeongdeungpo-gu Community Center manager Yoo Hee-ae after donating 50 million won ($44,662) to the center for the elderly during a Senior Citizen's Day event held at Yeongdungpo-gu Office in Seoul, Tuesday. / Courtesy of Korea Exchange

Oct 2, 2018By Jhoo Dong-chan

What's up or down, real estate?

A KEB Hana Bank real estate analyst gives a seminar to the bank's customers on the housing market outlook at its headquarters in Seoul, Tuesday. The bank held the seminar to present an overview of the government's Sept. 13 real estate measures, including tax code revisions. Courtesy of KEB Hana Bank

Oct 2, 2018

Opening startup center

Financial Services Commission (FSC) Chairman Choi Jong-ku, third from left, raises his fist with IBK CEO Kim Do-jin, second from left, and young entrepreneurs participating in an opening event for a startup center inside the bank's Guro branch, Seoul, Monday. IBK's Guro startup center will provide not only a space for the young people to work, but will also provide consultations on ways to develop their business models and attract investors.

Oct 1, 2018

NH's new time deposit

NH NongHyup Chairman Kim Byung-won, right, holds his account book of NH NongHyup Bank's new time deposit product “NH Add and Share” at the bank's branch in Seoul, Friday. The bank said the deposits to the product accounts help raise a public fund for the nation's farmers. The minimum balance for the product is 3 million won ($2,701), and its required term of policy is minimum three months and maximum one year. / Courtesy of NH NongHyup Bank

Sep 28, 2018By Jhoo Dong-chan

Building childcare center

KEB Hana Bank CEO Ham Young-joo, right, and Goyang City Mayor Lee Jae-jun show a contract at the city office, Thursday, in which Hana Financial Group and the bank agreed to help the city build a childcare center in Changneung, Goyang, Gyeonggi Province. The two-story center will be opened in March 2021. Courtesy of Hana Financial Group

Sep 27, 2018

Wibee real estate web service

A model holds a banner promoting Woori Bank's new real estate web service Wibee Homes at the bank's head office in central Seoul, Wednesday. The lender started the web service Wednesday, offering real estate information such as transaction and appraised prices posted by the Korea Appraisal Board. / Courtesy of Woori Bank

Sep 26, 2018By Jhoo Dong-chan

Meeting on insurance premiums

Financial Services Commission (FSC) Vice Chairman Kim Yong-beom, left, talks about how to reduce private insurance premiums following the expansion of state-run healthcare coverage dubbed “Moon Jae-in care,” at a meeting at the Government Complex in Gwanghwamun, Seoul, Friday. At the meeting, ranking officials from the FSC and health ministry, and representatives of private insurance firms, exchanged views on whether to increase premiums next year. / Courtesy of Financial Services Commission

Sep 21, 2018By Lee Kyung-min

Financial tech cooperation

Joo Jae-sung, fifth from right, head of NongHyup Bank's digital finance, and Andrey Makarov, fifth from left, director of Gazprombank, pose for a photo with others from the Korean and Russian banks at NongHyup Bank headquarters in Seoul, Thursday. The two banks and their partners held a conference to discuss ways to cooperate in financial technology. Courtesy of NongHyup Bank

Sep 21, 2018

Shinhan's IT firm in Vietnam

Yu Dong-uk, right, CEO of Shinhan DS, the financial ICT services provider of Shinhan Financial Group, cuts the tape with his employees at an opening ceremony of the company's Vietnam subsidiary in Ho Chi Minh City, Tuesday. Shinhan DS Vietnam General Manager Lee Kwang-sik, fifth from right, said the system integrator will support the group's subsidiaries and their partners to develop digital services in the region. Courtesy of Shinhan Financial Group

Sep 19, 2018

Boosting local markets

Employees of Shinhan Bank Incheon branch pose for a photo after visiting a local traditional market to purchase goods on Sept. 11. About 500 employees of the bank will be heading to markets nationwide to help boost their sales this week, ahead of the Chuseok holiday, which falls on Sept. 24. Courtesy of Shinhan Bank

Sep 17, 2018

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