Search results for HUG
Finance
KB Securities posts Q1 net profit of 350.2 billion won, up 92.75 percent year on year
KB Securities posted a sharp rise in first-quarter earnings, helped by stronger stock markets. Consolidated revenue rose 179.46 percent from a year earlier to 8.35 trillion won. Net profit increased 92.75 percent to 350.2 billion won and operating profit climbed 101.73 percent to 453.1 billion won. The company recorded broad-based growth across wealth management, investment banking, capital markets and wholesale operations.
Finance
Shinhan Bank expands support to prevent lease fraud, subsidises guarantee fees for youth and vulnerable groups
Shinhan Bank said on Wednesday it will run a financial-cost support programme to help prevent jeonse lease fraud and strengthen housing stability for tenants. The programme subsidises fees for deposit-return guarantee products, including HF Jikim Guarantee and HUG Return Guarantee, for eligible customers. It targets youth born from 1991 to 2006, multicultural families and households including a person with a disability. The programme runs through Nov. 30, with support capped at 300,000 won per person.
Finance
KB Securities posts 911.6 billion won operating profit for 2025, up 17 percent
KB Securities said on Feb. 5 it posted 911.6 billion won in operating profit in 2025, with pretax profit of 906.9 billion won and net profit of 682.4 billion won. The figures rose 17 percent, 21 percent and 16 percent, respectively, from a year earlier. The wealth management unit surpassed 200 trillion won in client assets. Investment banking, trading and wholesale businesses also reported steady performance and expanded revenue sources.
