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Wed, November 20, 2019 | 05:48
Rewarded for supporting artists
Rewarded for supporting artists
Hyundai Card Vice Chairman Chung Tae-young, center, holds a trophy at a Hyundai Card building in Seoul, Nov. 15. He was selected as one of the winners of the Montblanc de la Culture Arts Patronage Award 2019, because of his efforts to support young artists. From left are Montblanc Korea managing director Eric Eder, Chung and Montblanc Cultural Foundation Chairman Till Fellrat...
2019-11-19 16:51
Visa seeking to take Korean fintech global
Visa seeking to take Korean fintech global
For Visa, a global payment technology company with a B2B business model, partners matter.
2019-11-18 09:32
Tongyang, Mirae Asset Life shine amid downturn
Tongyang, Mirae Asset Life shine amid downturn
Most life insurance companies operating here have suffered earnings shocks amid falling interest rates and economic slowdown ― but a few players have weathered difficulties on the back of their diversified business portfolios and windfall gains from the sales of its assets.
2019-11-14 18:01
Calling for deregulation
Calling for deregulation
Credit Finance Association of Korea (CREFIA) Chairman Kim Joo-hyun, front row fourth from left, poses with the association's members during the Credit Finance Association Forum at the Korea Federation of Banks headquarters building in Seoul, Thursday. The association called for the government to ease regulations, citing worsening profitability of credit card firms. / Courtesy...
2019-11-14 16:40
Kyobo gets best rating among insurers from Fitch, Moody's
Kyobo gets best rating among insurers from Fitch, Moody's
Kyobo Life Insurance said Thursday it had received the best rating in the local insurance industry from global rating agencies Fitch Ratings and Moody's.
2019-11-14 15:46
Diners cards will not be issued in Korea
Diners cards will not be issued in Korea
Diners Club cards will not be issued in Korea after Hyundai Card decided to finish its partnership with the world's first credit card brand, industry officials said Wednesday.
2019-11-13 16:00
Mirae Asset founder aims to expand presence in SE Asia
Mirae Asset founder aims to expand presence in SE Asia
For Mirae Asset Financial Group founder Park Hyeon-joo, 2019 has been a milestone year as its vision to make the group a global player has been taking shape. The group has not only strengthened its foothold abroad but also gained recognition in the global initial public offering by organizing the listing of foreign firms on overseas stock exchanges.
2019-11-11 18:19
Shinhan Card introduces credit rating system in Kazakhstan
Shinhan Card introduces credit rating system in Kazakhstan
Shinhan Card said Monday that Shinhan Finance, its subsidiary in Kazakhstan, has launched a mobile data-based alternative credit scoring system, a model the card firm plans to introduce in other emerging markets.
2019-11-11 15:22
Ready to climb stairs
Ready to climb stairs
Participants in a vertical marathon pose before climbing 1,251 stairs inside the 63 Building in Seoul, Sunday. Hanwha Life Insurance, the host of this annual event, said 630 runners took part in the competition. / Yonhap
2019-11-10 15:11
Fates of insurance CEOs up in air amid earnings shock
Fates of insurance CEOs up in air amid earnings shock
Some heads of the insurance subsidiaries of Korea's leading financial groups are not likely to have their term extended, due to weaker-than-expected performances including sales declines and investment losses. Chances are slim for KB Insurance CEO Yang Jong-hee to clinch another term. His second two-year term is set to end in December.
2019-11-08 08:55
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