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Competition to become Korea's 4th online-only bank heats up

The race to receive the license to become South Korea’s fourth internet-only bank is growing fiercer, with four bidders announcing their will to contend. There are currently three online lenders in Korea: KBank, Kakao Bank and Toss Bank. But four new contenders -- Soso Bank, Korea Credit Data Bank, and the U-Bank and Douzone Bank consortiums -- have lined up to compete for the fourth license. In line with the l...

South-korea , Korea , Lee-yoon-sok , Cho-yong-byoung , Douzone-bank , While-soso-bank , Kb-kookmin-bank , Kakao-bank , Korea-credit-data-bank , Standard-chartered-bank-korea , Shinhan-bank

Finanical cooperation between Poland and Korea

Financial cooperation with Poland

South-korea , Poland , Warsaw , L67- , Korea , Polish , Kim-joo-hyun , Wlodzimierz-kicinski , Cho-yong-byoung , Tadeusz-bialek , Financial-services-commission , Bank-association

Korea-Poland cooperation in financial industry

Korea-Poland cooperation in financial industry

Seoul , Soult-ukpyolsi , South-korea , Poland , Korea , Polish , Cho-yong-byoung , Korea-federation-of-banks , Korea-federation , Tadeusz-bia , Fb

Bank association chief expresses regret over HK ELS misselling

Korea Federation of Banks Chair Cho Yong-byoung on Monday expressed regrets over massive losses inflicted on consumers who invested in derivatives products underlying a key Hong Kong stock market index, sold by local lenders. Earlier in the day, the country’s regulator Financial Supervisory Service advised banks and securities firms to compensate for losses incurred from their incomplete sales of equity-linked ...

South-korea , Hong-kong , Korea , Cho-yong-byoung , Shinhan-financial-group , Korea-federation-of-banks , Financial-supervisory-service , Korea-federation , Banks-chair-cho-yong-byoung , Hang-seng ,

Efficacy, eligibility requirements of banks' $1.2 bil. financial assistance questioned

A plan by 18 local commercial lenders providing a combined 1.6 trillion won ($1.2 billion) in financial aid to small businesses and self-employed people is facing efficacy and eligibility requirement concerns, market watchers said Thursday.

South-korea , Seoul , Soult-ukpyolsi , Korea , Lee-bok-hyun , Cho-yong-byoung , Kim-joo-hyun , Financial-services-commission , Korea-federation-of-banks , Financial-supervisory-service-governor-lee-bok-hyun , Financial-supervisory-service

Shinhan's first female CEO urges women find their potential, spread passion, use them at work for leadership position

Many firsts are associated with Cho Kyoung-sun.

Seoul , Soult-ukpyolsi , South-korea , Korea , Cho-yong-byoung , Cho-kyoung-sun , Shinhan-digital-solutions-ds-screenshot , Shinhan-bank , Shinhan-digital-solutions , Courtesy-of-shinhan-financial-group-over , Korea-federation-of-banks

New bank federation leader urges lenders to seek mutual growth

The newly-appointed leader of the Korea Federation of Banks (KFB), Cho Yong-byoung, urged lenders to develop mutual growth plans that meet not only their objectives, but the public's expectations as well. He also asked the banking industry to reflect on whether they have fulfilled their social responsibilities.

South-korea , China , Seoul , Soult-ukpyolsi , Korea , Cho-yong-byoung , Korean-federation-of-banks , Korea-federation-of-banks , Hang-seng-china-enterprises-index , Korean-federation , Korea-federation

Ex-Shinhan chief tapped to lead Korea Federation of Banks

Shinhan Financial Group's former Chairman Cho Yong-byoung has emerged as the final nominee for the chairman position of the Korea Federation of Banks to head the association for the next three years. In a meeting held on Thursday, the KFB's Chairman Candidate Recommendation Committee chose Cho as the final candidate from a pool of six contenders for the position. The KFB is slated to hold a meeting on Nov. ...

New-york , United-states , South-korea , Daejeon , Taejon-gwangyoksi , Korea , Jo-jun-hee , Cho-yong-byoung , Yoon-jong-kyoo , Industrial-bank , Nh-financial-group

Cho Yong-byoung nominated as next KFB leader

Cho Yong-byoung, former chairman of Shinhan Financial Group, has been chosen as the next leader of the Korea Federation of Banks (KFB), Thursday.

South-korea , Korea , Cho-yong-byoung , Kim-kwang-soo , Cho-joon-hee , Yoon-jong-kyoo , Nonghyup-financial-group , Industrial-bank , Shinhan-financial-group , Kb-financial-group , Courtesy-of-shinhan-financial-group

Outgoing, former chairmen of KB, Shinhan shortlisted for next KFB leader

Outgoing KB Financial Group Chairman Yoon Jong-kyoo and former Shinhan Financial Group Chairman Cho Yong-byoung joined a pool of six candidates vying to become the next leader of the Korea Federation of Banks (KFB), the federation said on Nov. 10.

Seoul , Soult-ukpyolsi , South-korea , Korea , Yoon-jong-kyoo , Kim-kwang-soo , Cho-yong-byoung , Cho-joon-hee , Shinhan-financial-group , Shinhan-financial-group-courtesy , Industrial-bank