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Impact of Kumho Asiana Group’s Restructuring and Future Actions

    Impact of Kumho Asiana Group’s Restructuring and Future Actions

    December 30, 2009
  • Kumho Asiana Group and its main creditor Korea Development Bank (KDB) announced a set of measures Wednesday (December 30, 2009) to restructure the business group’s major subsidiaries. The following is the summary of the measures agreed and settled between the Kumho Asiana Group and its creditors.

    *Please read the attached file for details.


  

2010 Financial Policy Agenda

    2010 Financial Policy Agenda

    December 16, 2009
  • The Financial Services Commission, the Fair Trade Commission and the Ministry of Strategy and Finance have jointly made a publicly open presentation of their policy objectives for 2010 to the President, Myung-Bak Lee today at the Korea Chamber of Commerce and Industry.

    The Chairman, Dong-Soo Chin unveiled the FSC’s 2010 financial policy agenda on revitalizing the economy and improving the competitiveness of Korea’s financial markets.

    *Please read the attached file for details.


  

AMCHAM Luncheon Speech

    AMCHAM Luncheon Speech

    December 09, 2009
  • *Please read the attached file for details.


  

UBS Korea CEO/CFO Forum 2009 Luncheon Speech

    UBS Korea CEO/CFO Forum 2009 Luncheon Speech

    December 03, 2009
  • *Please read the attached file for details.


  

KDIC sells its stake in Woori Finance Holdings

    KDIC sells its stake in Woori Finance Holdings

    November 24, 2009
  • *The following press release is released by the KDIC

    On 24 November, 2009, the Korea Deposit Insurance Corporation ("KDIC") sold 56,420,000 shares (approximately 7.0% of the total shares outstanding) of Woori Finance Holdings ("Woori") in an after-market block trade sale prior to commencement of trading. The shares were sold to domestic and foreign institutional investors at a price of KRW15,350* per share, resulting in the recovery of KRW866 billion in public funds.

    *Please read the attached file for details.


  

Supervision of Financial Institutions FX soundness Strengthened

    Supervision of Financial Institutions FX soundness Strengthened

    November 19, 2009
  • The soundness of domestic financial institutions’ foreign-exchange management recovered to pre-crisis levels on the strength of the government’s countermeasures and the voluntary efforts of institutions. But insofar as the weak links in their FX management became apparent during the crisis, the need has grown to fine-tune related systems to prevent a crisis relapse even while steps continue to be taken to improve FX soundness.

    *Please read the attached file for details.


  

Korean G-20 Leadership Dinner Speech

    Korean G-20 Leadership Dinner Speech

    November 17, 2009
  • * Please read the attached file for details.


  

IGE/IMF International Conference Luncheon Speech

    IGE/IMF International Conference Luncheon Speech

    November 11, 2009
  • * Please read the attached file for details.


  

2009 Seoul International Finance Conference Congratulatory Speech

    2009 Seoul International Finance Conference Congratulatory Speech

    November 06, 2009
  • * Please read the attached file for details.


  

EUCCK Annual Seminar Luncheon Keynote Speech

    EUCCK Annual Seminar Luncheon Keynote Speech

    October 28, 2009
  • * Please read the attached file for details.