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Islamic Finance Briefing - Categorized | Finance, Funds more

Korean banks turn to Malaysia to raise funds

Posted on 30 June 2009

From Chosun.com: A growing number of Korean banks have been raising funds in Malaysia since early last year when the U.S. subprime mortgage crisis began to shake the world.
The Korean government-backed Hana Bank issued US$284 million worth of bonds in Malaysia on June 22, and in February the Export-Import Bank of Korea (KEXIM) issued $60 million worth of three-year maturity bonds in the Southeast Asian nation……..Full Article: Source

 
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