kofc-prepares-investors-for-future-funding-and-divestments

KoFC prepares investors for future funding and divestments

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 on the public policy functions of supporting small- and medium-size enterprises SMEs and providing financing for economic development....

¬ Haymarket Media Limited. All rights reserved.

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