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Financial groups to support merchants in Seocheon affected by fire

The country’s major financial groups are stepping up to help merchants at a traditional market in Seocheon, South Chungcheong Province, affected by fire.

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SPARK Trends: Insights from Shinhan Card s Analysis of Consumer and Social Media Data

SPARK Trends: Insights from Shinhan Card s Analysis of Consumer and Social Media Data
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Woori, BC improve profits in overseas card business

As local card issuers struggle to seek new growth engines on foreign ground, a handful saw improvements in 2023. Making a surprise breakthrough overseas last year was Woori Card, which posted a cumulative net profit of around 6.25 billion won ($4.64 million) as of the third quarter through its foreign subsidiaries in Myanmar and Indonesia. The figure was up by almost 78 percent on-year. Driving the flourish was Woori.

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Shinhan Card secures W31b funding from Kazakhstan s Aster

Shinhan Card announced Thursday that its Kazakhstan unit, Shinhan Finance, secured about 31 billion won ($24 million) from Aster, a leading automobile dealer in the Central Asian country, for a new joint venture, becoming the first Korean card company to win investment from an overseas entity. The two companies agreed to set up a joint venture worth 62 billion won to seek synergy in Kazakhstan’s burgeoning micr.

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Inspection planned over alleged gender discrimination in hiring

South Korea's Labor Ministry will launch an investigation into workplaces suspected of screening out job applicants who graduated from women's universities, a ministry official said Thursday. The investigation plans have come after a post on anonymous online employee forum Blind went viral. “As a corporate recruiter, It's not like we exclude all women but if (the applicant) is from a women's.

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