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Allianz Trade in Asia Pacific has appointed Wongi Kim as the new country manager for South Korea, effective April 1, succeeding Andy Ryoo, who retires after a 22-year career with the company. Kim joined Allianz Trade in 2015 as Business...
#Allianz Trade#Andy Ryoo#Global Insolvency Report
IBK Industrial Bank has signed a memorandum of understanding (MOU) with Commerzbank AG of Germany to strengthen support for small…
#Commerzbank#IBK#IBK Industrial Bank
In a move signifying strong support for Korean companies expanding globally, Deutsche Bank South Korea, in collaboration with The Korea…
#Deutsche Bank#invoice discounting#K-Sure
The Ministry of Trade, Industry, and Energy has declared an unprecedented injection of KRW255tn (US$190bn) into trade insurance this year,…
#exports#guarantees#smes
According to a press release, South Korean government plans to inject 78 trillion won... (more…)
#trade credit insurance
UK Export Finance (UKEF) today announces it has appointed its first International Export Finance Executive (IEFE) for South Korea. With…
#Tim Reid#UK Export Finance#UKEF
Standard Chartered Bank Korea signed two environmental, social and governance (ESG)-related supply chain financing (SCF) deals of US$100m and US80m with…
#bank#management#receivables
The Export-Import Bank of Korea (Kexim) has signed a US$30m finance facility with ... (more…)
#bank#Deutsche Bank#exporters
Korean start-up Fin2B (Finance to Business), a fintech company providing financial SCF solutions specifically to... (more…)
#awards#management#receivables
Hyundai’s commercial finance arm is trialling IBM blockchain to speed up and secure... (more…)
#blockchain
Hyundai Commercial, South-Korea-based subsidiary of manufacturer Hyundai Motors, has announced working... (more…)
#IBM
Tradewind Bangladesh has provided a US$5 million post-shipment finance facility to a... (more…)
#Tradewind
...has become the first among Korean chaebol entities to enter into a supply chain finance transaction... (more…)
#interest rates#non-recourse factoring#receivables