KB Kookmin Bank has been selected as the top domestic commercial bank for the 12th consecutive year in the Best Korea Brands 2024 ranking presented by Interbrand, the bank announced earlier this week.
Major financial groups have become strong sponsors for various sports in the country, leading to successful marketing campaigns and remarkable performances by sponsored teams or individual athletes at international sports competitions.
Hotel Shilla CEO Lee Boo-jin, the daughter of late former Samsung Group Chairman Lee Kun-hee, is seeking to sell over 5.2 million Samsung Electronics shares in an after-hours block deal, according to market sources, Tuesday. The 447 billion won ($330 million) to be cashed will be used to pay part of the inheritance tax total of 12 trillion won levied on the family, which will be paid in five yearly installments throughout next year.
Digital-based insurance comparison and recommendation services will be expanded to areas including pet insurance, savings plans and travel insurance products, as financial authorities aim to further boost the growth of the local insurance market, according to industry officials, Friday.