KoFC prepares investors for future funding and divestments

By Rupert Walker | 16 December 2009
Keywords: jae han ryu | kofc kdb | divestment korea | finance
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Korea Finance Corporation, the successor to Korea Development Bank, takes to the road to explain its strategy, albeit cautiously.

Last week Korea Finance Corporation (KoFC) completed a worldwide non-deal roadshow arranged to introduce the firm to investors and media, and prepare them for eventually tapping of the international capital markets.

Jae Han Ryu, chief executive officer of KoFC, was circumspect about the new policy bank's future role, and also about its funding plans next year. His business is still, as appropriate given its recent genesis, very much a work-in-progress.

KoFC is the new entity set up as part of the privatisation process of Korea Development Bank (KDB), and will take ...

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March 2010