Thirty out of 74 major financial firms in Korea, each with assets exceeding 2 trillion won ($1.4 billion), do not have a single female member on their board, data showed Tuesday.
The country s regional commercial banks are expected to remain extremely cautious about expanding their operations from their respective regions to the whole of Korea, although the financial regulator has given them the green light if they so wish, according to industry analysts, Thursday.
Internet-only banks are establishing their presence in the loan market through mortgage lending services, leveraging their non-face-to-face services and competitive interest rates as key strengths.
JB Financial Group aims to evolve into a small yet highly profitable financial group, according to a long-term plan announced last Saturday at a ceremony marking its 10th anniversary in Muju County, North Jeolla Province.
JB Financial Group celebrated its 10th anniversary with an event held in Muju-gun, North Jeolla Province, according to the financial firm on Tuesday. The event on Saturday, held under the slogan, "10 Years of Partnership, New Leap," was attended by over 3,500 executives and employees, including JB Financial Group Chair Kim Ki-hong, Jeonbuk Bank CEO Baek Jong-il, Kwangju Bank CEO Ko Byung-il, JB Woori Capita.