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Finance

Non-banks

Wed, October 28, 2020 | 16:55

Koreans in Indonesia still face W45 bil. insurance loss

Koreans in Indonesia still face W45 bil. insurance loss

Koreans in Indonesia who signed up for savings insurance plans offered by local state-run insurer Jiwasraya are still unable to collect 45 billion won in claims as the insurer has defaulted.

Kim Bo-eun | 2020-10-25 16:43

BOK hints at removing engraving of Hirobumi Ito's writing

BOK hints at removing engraving of Hirobumi Ito's writing

Bank of Korea (BOK) Governor Lee Ju-yeol said Friday the bank is in talks with the Cultural Heritage Administration to possibly remove the engraving of the word “priority” written in Chinese on the cornerstone of the bank's former headquarters in downtown Seoul.

Kim Yoo-chul | 2020-10-23 15:22

KB Securities' CEO Park Jeong-rim wins IDC DX Award

KB Securities' CEO Park Jeong-rim wins IDC DX Award

KB Securities Co-CEO Park Jeong-rim received an award recognizing her efforts in the brokerage's digital innovation, the company said Wednesday.

Kim Bo-eun | 2020-10-22 14:47

State-run agency provided housing guarantee for foreign owner of 42 homes

State-run agency provided housing guarantee for foreign owner of 42 homes

The Korea Housing & Urban Guarantee Corporation (HUG) has come under scrutiny for having provided a housing loan guarantee to a foreign resident who owns 42 apartments here. Data from Rep. So Byung-hoon of the Democratic Party of Korea shows the state-run housing guarantee corporation in November last year became a guarantor for a mortgage for a house in the city of Euiwang i...

Kim Bo-eun | 2020-10-16 16:48

Shinhan Card upgrades 'Face Pay' at CU convenience store

Shinhan Card upgrades 'Face Pay' at CU convenience store

Shinhan Card said Friday it has upgraded its "Face Pay" system - based on facial recognition - that operates at a CU convenience store in Seoul.

Kim Bo-eun | 2020-10-16 15:33

Will card firm CEOs serve second terms?

Will card firm CEOs serve second terms?

Attention is focusing on whether the chiefs of Shinhan, KB and Woori's card units and BC Card will serve further terms, as their current ones come to an end in December.

Kim Bo-eun | 2020-10-15 14:01

FSS to investigate Samsung Securities over merger

FSS to investigate Samsung Securities over merger

The Financial Supervisory Service (FSS) will look into Samsung Securities' alleged violations of the capital market act in its alleged involvement in the controversial merger of Samsung Group's affiliates in 2015, FSS Governor Yoon Suk-heun said Tuesday.

Kim Bo-eun | 2020-10-13 16:57

FSS in dilemma over top court's ruling supporting Samsung Life

FSS in dilemma over top court's ruling supporting Samsung Life

The Financial Supervisory Service (FSS) is in a dilemma over its plans to take action against Samsung Life Insurance over its refusal to make payments for claims on cancer insurance policies, after the top court ruled in favor of the insurer in a legal dispute on the matter.

Kim Bo-eun | 2020-10-12 17:25

Card firm battle intensifies between Samsung, KB

Card firm battle intensifies between Samsung, KB

Samsung and KB Kookmin Card are engaging in heated competition to become the No. 2 card firm after Shinhan, amid the leading company's shrinking market share.

Kim Bo-eun | 2020-10-12 17:15

Protesting gov't shortcomings in Lone Star scandal

Protesting gov't shortcomings in Lone Star scandal

Members of civic groups protest the failure of lawmakers to bring government officials involved in the Lone Star scandal to the ongoing government audit, in front of the National Assembly on Yeouido, Monday. Civic groups have protested the government's secrecy over its questionable role in the sale of Korea Exchange Bank, of which Lone Star was a stakeholder, to Hana Financia...

Kim Bo-eun | 2020-10-12 17:12

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