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Finance

Woori Bank CEO Jung Jin-wan vows to narrow gap with rival banks this year

Woori Bank CEO Jung Jin-wan said the lender will quickly narrow the gap with rival banks this year and lead a “second leap.” Woori Bank said it held its 2026 management strategy meeting in Incheon with about 900 executives and managers attending. Participants shared four strategic directions under the 2026 management goal, including expanding customers and strengthening earnings. Jung also called for changes in sales methods, tighter controls and stronger information security.

AI & Enterprise

LG Uplus activates companywide response system in line with AI Basic Act

LG Uplus said on Saturday it is checking its obligations as an AI developer and user under the AI Basic Act, which took effect on Jan. 22, and has activated a companywide management system. The company said it reviewed transparency requirements for covered generative AI services including its U+one app, ensured users can recognize services are AI-based, and strengthened staff training. It also plans an AI risk management framework involving relevant departments.

Finance

Hana Financial to supply 17.8 trillion won in productive finance, up 1.6 trillion won from plan

Hana Financial Group said on Jan. 25 it launched a group productive finance council on Jan. 23 and confirmed its 2026 productive finance supply at 17.8 trillion won, 1.6 trillion won above its original plan. It said it rebuilt its approach to shift funding to future growth and innovation areas and to focus on productive investment. The group also discussed governance, execution and performance systems, including KPI revisions and risk management.