Korean outfit joining hands with Ugandan telecom giant
The Korean Federation of Community Credit Cooperatives (KFCC) noted on April 11 that it had joined hands with Uganda’s top wireless operator MTN to start mobile banking services in the African country.
To...
Two business bellwethers to build the Next Finance Initiative
South Korea’s leading brokerage Mirae Asset Securities announced on March 30 that it had teamed up with the country’s top wireless operator SK Telecom to tap into the security token business.
Toward...
Former financial regulator vies to build new corporate culture
Former Financial Services Commission chief Yim Jong-ryong has inaugurated as the new Chairman of Woori Financial Group, one of the country’s big four financial conglomerates.
The former regulator vowed to create a...
Korea’s top asset management firm leading high-tech investment trends
South Korea’s Mirae Asset Global Investments announced on March 24 that the company would lead the high-tech investment trends by focusing on firms with advanced technology.
For example, the country’s top asset...
Korea’s top brokerage tries to become responsible corporate citizen
A mounting number of companies vow to become responsible corporate citizens by carrying out various corporate social responsibility (CSR) activities.
And here is a South Korean firm, which even comes up with...
ABL expected to make it to top three for 6 straight years
ABL Life Insurance announced on March 13 that the corporation had racked up 4.14 percent in the rate of return on its invested assets throughout last year.
As a...
Life insurer strives to come up with customer-friendly offerings
TongYang Life Insurance announced on Feb. 22 that the corporation had established a pre-underwriting system to increase the convenience of end customers.
Under the new system, TongYang plans to let potential customers...
Korean co-op financial outfit guns for digital transformation
The Korean Federation of Community Credit Cooperatives (KFCC) announced on Feb. 22 that it would embrace ESG as its major management principle.
The KFCC made the decision in the outfit’s general meeting earlier...
U.S. insurance giant makes inroad into local market
Mutual insurance company FM Global of the United States announced on Feb. 15 that it would wade into the South Korean market after getting a license from the latter country’s financial regulator.
To...
Korean firms continue to offer relief support to Turkey, Syria
South Korean enterprises like Samsung and SK continue to offer relief support to help Turkish and Syrian people recover from the earthquake, which hit the latter country earlier this month.
Financial...