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Finance

Banks

Sun, August 25, 2019 | 05:23

Foreigners still isolated in the loan market

Korean banks remain reluctant to lend to foreign residents without collateral, despite more non-Korean customers at local banks, according to the latest data compiled by several institutions.

Park Jae-hyuk | 2019-08-04 16:40

Fostering social startups

Hana Financial Group Vice Chairman Ham Young-joo, fourth from left in the second row, poses with Hana Ventures CEO Kim Dong-hwan, fifth from left, and other guests and participants of Hana Social Venture Academy, a program fostering innovative social startups, at the Glad Hotel on Yeouido, Friday. They discussed progress made through the eight-week program held from June. Cou...

Kim Bo-eun | 2019-08-04 15:45

Breaking glass ceiling

Woori Financial Group Chairman Sohn Tae-seung, right, shakes hands with Minister of Gender Equality and Family Jin Sun-mee at the financial group's headquarters in Seoul, Friday, after signing an agreement to increase the number of female executives in the company. / Courtesy of Woori Financial Group

Park Jae-hyuk | 2019-08-04 15:15

Education for disabled children

Children with developmental disabilities, their parents and officials from Shinhan Dream Foundation pose for a photo at Shinhan Bank headquarters in Seoul, Aug. 2. Over 60 people participated in the two-day program organized by the foundation to help the children learn software programming skills including coding. Courtesy of Shinhan Dream Foundation

Lee Kyung-min | 2019-08-02 17:10

KB joins hands with PLUG and PLAY to support domestic startups

KB Financial Group has inked a strategic partnership with PLUG and PLAY to support domestic startups' entry to the global market, the financial group said Wednesday.

Jhoo Dong-chan | 2019-07-31 18:14

A model holds a sign promoting a newly launched loan by Shinhan Bank for small- and medium-sized enterprises (SMEs) that sell parts or materials, July 31. SMEs whose profits decrease due to Japan's restriction on key materials needed for Korea to make semiconductors will be offered a preferred rate of 0.3 percent in addition to the currently offered 0.5 percent rate. Courtesy...

Lee Kyung-min | 2019-07-31 17:33

Standard Chartered worker allegedly pockets customer's cash worth $315,000

A former employee of Standard Chartered (SC) Bank Korea is under investigation for allegedly embezzling $315,000 deposaited by a customer, according to the police and the bank, Tuesday.

Park Jae-hyuk | 2019-07-31 15:44

Shinhan Financial issues ESG bonds

Shinhan Financial Group issued $500 million (590.75 billion won) worth of ESG bonds, the group said Tuesday. An ESG bond is a type of debt offering aimed to finance corporate activities in environmental and social responsibility and governance improvement.

Kim Bo-eun | 2019-07-30 18:10

Supporting businesses of disabled

Industrial Bank of Korea (IBK) head of corporate & investment banking Jern Kue-baeg, right, poses with Kim Soo-han, chief of a center supporting businesses run by the disabled, after signing an agreement at the state-run bank's branch on Yeouido, Seoul, Monday. IBK will offer low-interest loans to businesses recommended by the center. / Courtesy of IBK

Kim Bo-eun | 2019-07-30 18:10

For healthier summer

NH NongHyup Bank employees pose with residents at a community hall in Hongcheon County, Gangwon Province, Tuesday. The bank donated electric fans and fruit to the residents, encouraging them to stay healthy in summer. / Courtesy of NH NongHyup Bank

Park Jae-hyuk | 2019-07-30 15:39

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