KoreaTimes(126) - Banks, Finance, page 5

Site Map E-paper Subscribe Register LogIn
Site Map E-paper Subscribe Register LogIn

Finance

Banks

Mon, October 18, 2021 | 01:26

Standard Chartered, Linklogis to launch joint venture

Standard Chartered, a leading international banking group, and Linklogis, a leading supply chain finance technology solution provider in China, announced a joint venture to establish Olea on Monday. Olea is a blockchain-enabled digital trade finance platform, aiming to bring together institutional investors seeking opportunities in an alternative asset class with businesses r...

2021-08-30 15:12

Woori Financial chairman wins lawsuit against watchdog

Woori Financial Group Chairman Son Tae-seung has won an administrative lawsuit against the Financial Supervisory Services (FSS) over the latter's decision to slap a reprimand warning on the Woori chief by holding him responsible for its involvement in the misselling of risky derivative-linked funds (DLF).

Lee Min-hyung | 2021-08-27 17:26

For convenience of foreign customers

A Woori Bank model promotes the bank's new service that enables foreigners to send up to $50,000 a year to other countries by using the Woori WON Banking app without visiting offline branches. Woori Bank said Thursday it will continue to provide services that satisfy the demand of foreign customers for contactless financial transactions. Courtesy of Woori Bank

Park Jae-hyuk | 2021-08-26 12:00

Shinhan expanding financial support for EV industry

Shinhan Bank Vice President Jeong Ji-ho, right, poses with International Electric Vehicle Expo Chairman Kim Dae-hwan after signing a partnership on co-fostering the nation's electric vehicle (EV) industry. Under the partnership, Shinhan Bank will provide a package of financial support for expanding the nation's EV infrastructure.

Lee Min-hyung | 2021-08-25 16:37

Toss Bank questioned over profitable growth

Will Toss Bank, the country's third internet-only bank, achieve a huge success just like its older competitors KakaoBank and K bank? While Toss Bank is widely anticipated to find its own niche market, including credit loans, some still raise concerns over its profitability.

Anna J. Park | 2021-08-25 16:16

Hana Bank joins Korean banks in adopting Equator Principles

Hana Bank announced earlier this week that it has officially adopted the Equator Principles, which refer to a risk management framework adopted by global financial institutions for assessing and managing environmental and social risks in investment projects according to a minimum standard.

Anna J. Park | 2021-08-24 16:52

Internet-only banks closer to allowing foreign customers

Korea has made slow but tangible progress in its efforts to allow foreign residents to use internet-only banks that do not have offline branches, multiple documents from the National Assembly and the government showed Tuesday. The country's lawmakers and ministries have made continuous efforts to remove barriers blocking foreign nationals from making transactions with interne...

Park Jae-hyuk | 2021-08-24 16:33

Partnership for innovative financial services

Kakao Pay CEO Ryu Young-joon, fourth from right, and DGB Financial Group Chairman Kim Tae-oh, fourth from left, pose with executives from the two companies at Kakao Pay's headquarters in Pangyo, Gyeonggi Province, Monday, after signing a memorandum of understanding regarding their strategic partnership. Courtesy of Kakao Pay

Park Jae-hyuk | 2021-08-24 12:07

Citibank Korea again delays decision on exit plan

Citibank Korea has again postponed a decision on the exit plan for its retail banking unit amid differences over sale terms, industry sources said Tuesday.

2021-08-24 09:55

'Metaverse' becomes new growth engine of financial industry

The fever of “metaverse” - a convergence of physical, augmented and virtual shared space - is sweeping the country's financial industry, as this trending concept is expected to create and expand business scopes. Metaverse is having its moment internationally now, as the pandemic has accelerated digital-based economies in response to disruptions to face-to-face business patter...

Anna J. Park | 2021-08-24 09:30

1 2 3 4 5 6 7 8 9 10

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.