Shinhan Bank (President Jin Ok-dong) announced on the 13th that it had signed a business agreement with the Korea Foreign Companies Association (FORCA, Chairman Seo Young-hoon) to provide corporate finance services to foreign-invested companies and to promote the attraction of foreign direct investment.
The Korea Foreign Companies Association is a private economic organization representing foreign-invested companies. It serves as a bridge between foreign-invested companies and the government by supporting investment and management activities of foreign-invested companies and proposing related policies.
Through this agreement, the two companies agreed to cooperate in providing financial solutions and promoting foreign investment by providing financial solutions such as support for corporate financial services to foreign-invested companies, joint hosting of regular seminars and IR related to domestic and foreign investment, and attracting customers through mutual network connection.
Shinhan Bank will be recognized for its comprehensive financial services related to foreign exchange investment using 165 global networks in 20 countries, and will act as a foreign transaction advisory bank for the Korea Foreign Companies Association.
A Shinhan Bank official said, “We expect this agreement to be a good opportunity to stimulate foreign investment attraction and provide comprehensive corporate finance solutions to foreign-invested companies.”
By Bae Ok-jin, staff reporter withok@etnews.com
