 |
 | |
| Type | Public, (traded on the Korea Stock Exchange |
|---|---|
| Founded | 1950 |
| Taekwang Group | |
| Hangul | 태광그룹 |
|---|---|
| Revised Romanization | Taegwang Geurup |
| McCune–Reischauer | T'aegwang Kŭrup |
Taekwang Group is a large South Korean chaebol (conglomerate),producing clothing,apparel,chemical,industry,and financial services products.
The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking,direct banking,commercial banking,investment banking,wholesale banking,private banking,asset management,and insurance services. With total assets of US$1.1 trillion,it is one of the biggest banks in the world,and consistently ranks among the top 30 largest banks globally. It is among the top ten largest European companies by revenue.
A mutual organization,or mutual society is an organization based on the principle of mutuality and governed by private law. Unlike a true cooperative,members usually do not contribute to the capital of the company by direct investment,but derive their right to profits and votes through their customer relationship. A mutual organization or society is often simply referred to as a mutual.
Demutualization is the process by which a customer-owned mutual organization (mutual) or co-operative changes legal form to a joint stock company. It is sometimes called stocking or privatization. As part of the demutualization process,members of a mutual usually receive a "windfall" payout,in the form of shares in the successor company,a cash payment,or a mixture of both. Mutualization or mutualisation is the opposite process,wherein a shareholder-owned company is converted into a mutual organization,typically through takeover by an existing mutual organization. Furthermore,re-mutualization depicts the process of aligning or refreshing the interest and objectives of the members of the mutual society.
Hana Financial Group Inc. is a financial holding company headquartered in Seoul,South Korea.
Mirae Asset Financial Group is a financial services group headquartered in Seoul,South Korea. Mirae Asset provides comprehensive financial services including asset management,wealth management,investment banking,and life insurance. Mirae Asset was founded by Hyeon Joo Park in 1997 and introduced the very first mutual funds to Korean retail investors in 1998. On a global consolidated basis,total group’s client assets exceed US$550 billion. Mirae Asset has global presence in Australia,Brazil,Canada,Mainland China,Hong Kong,Colombia,India,Indonesia,Japan,Korea,Mongolia,Singapore,the United Kingdom,United States and Vietnam.
Samsung Fire &Marine Insurance is an insurance company based in Seoul,South Korea. Incorporated on January 26,1952,under the name of "Korea Anbo Fire Marine Reinsurance Co.",the company changed its name to Samsung Fire &Marine Insurance Co.,Ltd.,in December 1993,after its takeover by Samsung Group dated back to 1958. Samsung Fire &Marine Insurance,SFMI in short,is operating property and casualty insurance business and third-party insurance business defined by the Korea Insurance Business Act,while engaging in providing financial services and instruments approved by relevant laws and regulations including the Korea Financial Investment Services and Capital Markets Act. Its business portfolio consists of automobile insurance,long-term insurance,general insurance,enterprise risk management,annuities,etc. As of the end of 2015,Samsung Fire &Marine Insurance has seven overseas subsidiaries in Indonesia,Vietnam,China,Brazil,Europe,US,and Singapore.
Heungkuk Life Insurance Co,Ltd.(Korean: 흥국생명,established 1950) is a South Korean insurance company headquartered in Seoul,South Korea.
Taekwang Industry Co,Ltd. (Korean: 태광산업) is a South Korean chemical and textile company headquartered in the Jangchung-dong area of central Seoul,with plants located in China as well as in Korea. Founded by Lee Im Yong in 1950,the company has developed into a manufacturer of textiles,petrochemicals,wet weather and safety clothing products,and is part of the Taekwang Group. Taekwang Industry had established a foundation in Seoul Sehwa High School. Taekwang produces Acelan brand spandex,raincoats,umbrellas,sodium cyanide,and black abaya fabric. Taekwang Industry had an electronic division,Taekwang Eroica,which manufactured phones and audio electronics products including the Eroica brands. However,the electronic division was shut down when the Korea's audio market dried up in December 2005.
DB Group,formerly Dongbu Group,is a large South Korean chaebol (conglomerate),producing industry,chemical,insurance and financial products. It was established in January 1969 by Junki Kim as Miryung Construction Company,Ltd.
The Korea Deposit Insurance Corporation (KDIC) is a deposit insurance corporation,established in 1996 in South Korea to protect depositors and maintain the stability of the financial system. The main functions of KDIC are insurance management,risk surveillance,resolution,recovery,and investigation.
Eric Wu is a Taiwanese business executive and politician.
A non-banking financial institution (NBFI) or non-bank financial company (NBFC) is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency. NBFC facilitate bank-related financial services,such as investment,risk pooling,contractual savings,and market brokering. Examples of these include insurance firms,pawn shops,cashier's check issuers,check cashing locations,payday lending,currency exchanges,and microloan organizations. Alan Greenspan has identified the role of NBFIs in strengthening an economy,as they provide "multiple alternatives to transform an economy's savings into capital investment which act as backup facilities should the primary form of intermediation fail."
The South Korean National Agricultural Cooperative Federation was established in 1961 to enhance the social and economic status of its membership and to promote a balanced development of the national economy. Its role is divided into three areas:marketing and supply,banking and insurance,and extension services.
The Colonial Mutual Life Assurance Society Limited,later Colonial Limited,and commonly known as Colonial Mutual,Colonial Mutual Life,and/or CML,was a diverse international financial services company headquartered in Melbourne,Australia. Colonial's core businesses were life and general insurance,retirement savings,banking and funds management. The company operated in the United Kingdom,New Zealand and the Fiji Islands for more than a century.
Hanwha Group is a large business conglomerate (chaebol) in South Korea. Founded in 1952 as Korea Explosives Co.,the group has grown into a large multi-profile business conglomerate,with diversified holdings stretching from explosives,their original business,to retail and financial services. In 1992 the company adopted its abbreviation as its new name:"Hanwha".
KB Financial Group Inc. is a financial holding company headquartered in Seoul,South Korea. The Group and its subsidiaries provide a broad range of banking and financial services. It is one of the domestic systemically important banks (D-SIBs) identified by the Financial Services Commission.
The Tongyang Group,also spelled Tong Yang Group,is a South Korean conglomerate founded in 1957 by Lee Yang-gu,a confectionery businessman who had decided to expand into the cement industry. Over the following decades it expanded to include holdings as diverse as financial services companies and a basketball team. As of September 2013,it was the country's 38th-largest conglomerate,but that month it defaulted on its debt due to cash flow issues,and looked to sell off key subsidiaries to raise funds. In January 2014,group chairman Hyun Jae-hyun and three other senior executives were arrested on charges including fraud and malpractice in issuance and sales of financial products.
Kotak Mahindra Life Insurance Company Limited is a private life insurance company in India. The company was founded in 2001. It caters to 15 million customers and has 232 branches in around 167 cities and towns in India with 99,275 agents.
Thomas Wu is a Taiwanese business executive.
 | This article about a South Korean company is a stub. You can help Wikipedia by expanding it. |