The Export–Import Bank of Korea (Korea Eximbank) announced on the 25th that it would provide 350 billion won ($240 million) in financing to support Celltrion’s acquisition of a U.S. manufacturing facility owned by Eli Lilly.Through this financial backing, Celltrion would be able to establish an inte
South Korea's Shinhan Bank announced on Nov. 24 that the lender would extend its official sponsorship of the Korea Baseball Organization (KBO) league through 2037.The measure marks one of the longest-running partnerships in Korean professional sports. Earlier this year, Shinhan Bank renewed its agre
Assets of Brookfield Asset Management were reportedly seized due to its delayed payment of the refund it owes Mirae Asset Global Investments for the collapsed sale of the International Finance Center (IFC) in Seoul.Domestic media outlets reported this week that Mirae Asset initiated asset-seizure pr
Standard Chartered (SC) Bank Korea announced on Nov. 20 that it has launched a unique priority private center in southern Seoul equipped with an internationally aligned wealth management platform.The lender noted that affluent clients with deposits of 1 billion won ($680,000) or more can receive ded
Standard Chartered (SC) Bank Korea announced on Nov. 19 that it has earned an A+ rating in an annual corporate governance assessment for the seventh consecutive year.The Korea Institute of Corporate Governance and Sustainability (KCGS) recognized SC Bank Korea as the only commercial bank to receive
South Korea’s Shinhan Financial Group announced on Nov. 18 that it has narrowed its shortlist for the next chairman to four candidates, including incumbent Chairman Jin Ok-dong.Chairman Jin is seeking a second term as he competes against senior executives within the group, including Shinhan Bank CEO
Mirae Asset Securities saw its third-quarter top line soar 22.5 percent to 6.67 trillion won ($4.55 billion) from a year earlier, leading South Korea’s brokerage industry once again.During the July-September period, the Seoul-based company said early this month that its net profit jumped 18.8 percen
The Korea Federation of Community Credit Cooperatives (KFCC) announced on Nov. 12 that its affiliate MG Credit Information Service has obtained ISO/IEC 27001 certification.It is the internationally recognized standard for information security management systems, according to the country’s top apex o
South Korea’s Nextrade announced on Oct. 11 that it has reappointed incumbent CEO Kim Hak-soo for another term, following a shareholders’ meeting held early this week.Kim, who has successfully led Nextrade since its establishment in Nov. 2022, will continue to serve as CEO of the new bourse until Ma
South Korea’s top-tier financial firm Meritz Fire & Marine Insurance has teamed up with telecom carrier KT to jointly develop AI technologies aimed at driving innovation across the financial and insurance sectors.The two companies signed a strategic research agreement on Nov. 6 at KT’s headquarters
South Korea’s first cryptocurrency exchange Korbit announced on Nov. 6 that it has launched company-wide measures to prevent the spread of financial crimes and money laundering risks in Southeast Asia, particularly those originating from Cambodia.The company said that it had begun comprehensive inte
The Mirae Asset Park Hyeon Joo Foundation announced on Nov. 4 that it hosted the 7th Mirae Asset Meet-Up Project at the financial group’s head office in Seoul.The foundation noted that the event has brought together more than 90 overseas exchange scholarship students for a day of learning and networ
AIA Korea announced the successful hosting of the 2025 JTBC Seoul Marathon, marking the company’s third consecutive year as a sponsor of one of Korea’s most celebrated races.This year, AIA Korea said that the company has expanded its involvement by launching a campaign, further advancing its purpose
AIA Life Insurance announced on Oct. 30 that it has received the “Nanum Award” in the donation category at the 12th Fruit of Love Awards, recognizing the company’s contributions to society.Hosted by the Community Chest of Korea, the Fruit of Love Awards honor individuals and organizations that have
Dunamu CEO Oh Kyoung-suk said on Oct. 29 that the ongoing blockchain revolution presents a historic opportunity for South Korea to lead a new global financial order during a keynote speech at the APEC CEO Summit 2025.Delivering his address, Oh took the stage as Korea’s representative fintech leader
South Korea’s Mirae Asset Global Investments said on Oct. 29 that Canada’s Brookfield Asset Management failed to meet the decision of the Singapore International Arbitration Center (SIAC) about the collapsed sale of the International Finance Center (IFC) in Seoul.Earlier this month, the SIAC ruled i
South Korea’s leading life-care service provider Woongjin Preed Life announced on Oct. 29 that it has hosted its second “wellness tour,” a special program inviting premium customers and their families to experience relaxation, healing, and nature.The event was designed to express gratitude to loyal
The Korean Federation of Community Credit Cooperatives (KFCC) announced on Oct. 28 that it would begin pre-registration for candidates in its upcoming chairman election on Nov. 4.The KFCC announced the schedule during a briefing session for prospective candidates held earlier in the day at its headq
South Korea’s Hana Financial Group announced on Oct. 28 that the conglomerate has recorded its highest-ever cumulative net profit for the first nine months of 2025.The Seoul-based financial group reported a third-quarter net profit of 1.13 trillion won ($787 million). On a cumulative basis, the bott
South Korea’s Hana Card announced on Oct. 20 that it has signed a strategic memorandum of understanding (MOU) with blockchain infrastructure company EQBR.Under the agreement, the two companies plan to jointly test and develop blockchain-integrated payment systems ahead of the country’s upcoming stab
