Two lenders sweat over possible financial burdens
South Korean lenders worry about the recent move of Iran, which is reportedly trying to get additional compensation even after receiving funds frozen by the United States.
South Korea transferred around $6 billion of...
Korean organization declares global KFCC Day
The Korean Federation Community Credit Cooperatives (KFCC) announced on Sept. 21 that the outfit would continue to share its grassroots financial model with developing countries across the world.
In particular, the Seoul-based entity invited bureaucrats...
More than 100 start-ups benefit over the past five years
The Korean Federation of Community Credit Cooperatives (KFCC) announced on Aug. 30 that the outfit had picked 30 start-ups to provide comprehensive support.
Throughout next June, the KFCC plans to channel...
Korean top asset management firm gobbling up Australia’s leading robo-adviser
South Korea’s Mirae Asset Global Investments announced on Aug. 16 that the financial entity had acquired Australia’s foremost robo-adviser Stockspot.
Mirae Asset spent some 24 billion won ($18 million) to purchase...
Seoul-headquartered insurer offers innovative product
ABL Life Insurance announced on Aug. 14 that its new health product had attracted many customers during the past month after its launch on July 12.
The Seoul-based insurer said that the new product had won...
10-day training sessions took place in Korea last month
The Korean Federation of Community Credit Cooperatives (KFCC) announced on Aug. 1 that it had conducted a 10-day multinational invitational training here last month.
Geared toward sharing the inclusive financial model of...
Global asset management company reaches new milestone
Multinational asset management company Mirae Asset Global Investments announced on July 18 that its ETF business had topped $100 billion in terms of assets under management (AUM).
This means that the Seoul-based corporation’s AUM...
Sustinvest gives A mark to Korea’s leading brokerage in 2023
South Korea’s Mirae Asset Securities noted on June 30 that it had received the highest A mark in Sustinvest’s half-year evaluation for this year about corporate ESG management.
Mirae Asset was...
Korea’s leading lender strives to help Korean firms in Vietnam
Woori Bank, one of the leading South Korean lenders, announced on June 26 that it had started offering comprehensive consulting services to the country’s corporations in Vietnam.
Toward that end, the...
Consultancy gives best honors to TongYang in annual evaluation
South Korea’s TongYang Life Insurance announced on June 20 that its call center had been picked as the best one in an annual third-party evaluation.
The Korea Management Association Consulting (KMAC) gave...