Search results for NIM
Finance
Woori Bank shakes off first-half slump, posts record third-quarter net profit
Woori Bank rebounded from weak first-half results, posting a record quarterly net profit of 1.03 trillion won in the third quarter, up 22 percent from the previous quarter. Nine-month net profit rose 4.7 percent from a year earlier to 2.40 trillion won. Higher interest income from expanded corporate lending, stronger non-interest income and lower loan-loss provisions supported results. Its net interest margin fell and delinquency indicators worsened.
Finance
Hana Financial\'s 9-month net profit 3.62 trillion won, up 5.6 percent
Hana Financial Group posted a consolidated net profit of 3.62 trillion won for the first nine months, up 5.6 percent from a year earlier, helped by rising fee income in wealth management and investment banking. Third-quarter net profit was 1.22 trillion won. The board approved an additional 250 billion won in share buybacks and cancellation and a third-quarter cash dividend of 1,165 won per share.
AI & Enterprise
Red Hat expands cooperation with Nvidia to strengthen agentic AI security capabilities
Red Hat said on Wednesday it is expanding cooperation with Nvidia and will work to spread security-enabled, enterprise-grade agentic AI across open hybrid clouds through Red Hat AI Factory with NVIDIA. The company said it is developing the OpenShell Reference Architecture with Nvidia to secure safety and control at the core of enterprise agentic AI deployments. It said the architecture combines access control, an AI gateway and high-performance inference with Nvidia technologies.
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Finance
Big four financial holdings\' Q3 earnings in focus amid securities slowdown
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Games & Commerce
CJ OliveNetworks unveils CJ ONE Global service for foreign visitors to South Korea
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People & Appointments
iM Financial wins presidential citation for elderly welfare contributions, first since foundation launched
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People
LG HelloVision to support \'Mind Sharing Package\' for 2,000 vulnerable households by year-end
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AI & Enterprise
MSIT to hold quantum-resistant cryptography transition competition and hackathon
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Finance
iM Financial launches process to pick next chairman, final candidate due in December
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Finance
Financial firms step up Chuseok sharing drives, expand community outreach
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AI & Enterprise
LG Uplus teams up with Sodomall on AX for small merchants, combining commercial district and sales data
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Games & Commerce
Kakao former CEO Im Ji-hoon sues Kakao Ventures and founder Kim Bum-soo over performance fee dispute
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Finance
KB Financial generational shift puts bank CEO appointments in focus
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People & Appointments
iM Financial wins 2026 National Contribution Award industry minister prize
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Finance
Productive finance plan expanded to 1,560 trillion won; FSC to prepare additional liability exemption measures
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Finance
Digital asset institutionalisation picks up pace as big platforms clash over entry into online lending industry
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Fintech
iM Financial expands support for youth independence, linking transit cards and financial education
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Finance
iM Bank, Daegu City, KODIT to provide 100 billion won support for SMEs in vulnerable sectors