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Finance
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Woori Bank President Chung Jin-wan: "I tried making a 100,000 won payment in China"…Samsung Wallet Money goes overseas
Woori Bank headquarters on the 28th. Woori Bank President Chung Jin-wan speaks about the establishment of Samsung Wallet Money's overseas payment network /Photo=Reporter Kim Do-yeop "On the 26th, I en...
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99% of bank holding company resolutions pass as proposed, Lee Chan-jin urges shareholders not to rely solely on management materials
Lee Chan-jin, Governor of the Financial Supervisory Service, answers questions during a National Assembly Political Affairs Committee audit of the Financial Supervisory Service and other agencies held...
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Regional financial groups weighed down by weak non-interest income, with JB Financial the lone winner
Cumulative Net Profit for Q3 of Three Regional Hub Financial Holding Companies / Graphic by Lee Ji-hye Unlike major financial holding companies that posted record-high profits, the cumulative net prof...
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"No Bold Insurance CEO Will Push for 'Switching' to the 5th-Generation Voluntary Medical Insurance"… Backlash from Accounting
What is the 5th-Generation Voluntary Medical Insurance Contract Transition Discount System / Graphic = Lee Ji-hye "If you switch to the 5th generation, it inevitably becomes a loss-making contract. Is...
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South Korea seeks up to 10 years in prison for charging over 60% annual interest
President Lee Jae-myung speaks at the State Council meeting held at Cheong Wa Dae on the 27th. /Photo=NEWSIS The government is pushing to strengthen criminal penalties for illegal lenders charging 'ul...
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NongHyup Bank secures primary treasury role for 25 trillion won Jeonnam-Gwangju integrated city
Selection process for Jeonnam-Gwangju Integrated Special City depository banks / Graphic = Lee Ji-hye NH NongHyup Bank was selected as the official first depository bank operating institution for the...
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KB Kookmin Bank: "Additional 2,091 individuals confirmed in hacking data breach, bringing total to 2,210… We sincerely apologize to customers"
KB Kookmin Bank announced on the 26th that an additional 2,091 individuals were confirmed to have had their information leaked in connection with a previous data breach incident, beyond the initial 11...
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NongHyup Bank retains control of 2.5 trillion won in Jeonnam-Gwangju funds, with Kwangju Bank securing second account
Selection process for the Jeonnam-Gwangju Metropolitan City treasury / Graphic = Lee Ji-hye NH NongHyup Bank was selected as the official first treasury bank operator for the Jeonnam-Gwangju Metropoli...
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BNK Financial Group cites weak Q3 non-interest income, expects stable performance in Q4
Exterior view of BNK Financial Group BNK Financial Group forecasted that it would be able to generate normal profits in the fourth quarter this year, unlike previous years when results were pressured...
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[Exclusive] Shinhan Card to launch automatic health insurance claims for hospital payments next month, first among card issuers
![[Exclusive] Shinhan Card to launch automatic health insurance claims for hospital payments next month, first among card issuers](https://thumb.mt.co.kr/cdn-cgi/image/w=248,h=156,fit=crop,f=auto,g=face/06/2026/10/2026102513253017182_1.jpg)
Simple out-of-pocket insurance claims / Graphic = Im Jong-cheol Shinhan Card will launch a simple out-of-pocket insurance claim service, the first in the card industry. When customers pay with Shinhan...
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First public notice on liability insurance for private rockets… Up to $18 million for 'Hanbit-Nano'
(Seoul=NEWS1) = The commercial space rocket 'Hanbit Nano' by InnoSpace is being launched from the Alcantara Space Center in Brazil on the morning of the 23rd (Korean time). (Screenshot from InnoSpace'...
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Protected deposits up 24%, but deposit insurance premium rate proposed to rise by 63%… Banking sector calls increase "excessive"
Burden on banking sector from deposit insurance premium rate hike / Graphic = Lee Ji-hye As the deposit insurance coverage limit is raised from 50 million won to 100 million won, deposits eligible for...
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Retirement pension plans to become mandatory at all workplaces by 2030, with new fund-based system
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China bets on PC production and HBM despite 20% yield as Samsung and SK hynix boom [IT Talk]
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"Actually, I never went there" — Jeon Hyun-moo's belated confession
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"My feet suddenly couldn't touch the bottom": Guam tourist falls into water... saved by singer Gangnam
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Yuk Jung-wan: "I was so scared of the 800th million won Mangwondong building that I passed on it… It's worth 4 billion won now"
in FINANCE
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1.
Woori Bank President Chung Jin-wan: "I tried making a 100,000 won payment in China"…Samsung Wallet Money goes overseas
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2.
"No Bold Insurance CEO Will Push for 'Switching' to the 5th-Generation Voluntary Medical Insurance"… Backlash from Accounting
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3.
KB Kookmin Bank: "Additional 2,091 individuals confirmed in hacking data breach, bringing total to 2,210… We sincerely apologize to customers"
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Regional financial groups weighed down by weak non-interest income, with JB Financial the lone winner
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99% of bank holding company resolutions pass as proposed, Lee Chan-jin urges shareholders not to rely solely on management materials