|Korea Eximbank officials pose with mtn-i trophies and other global accolades awarded to the bank at its head office in Seoul on Monday. (Korea Eximbank)|
Korea Eximbank has won three prizes in this year’s mtn-i award ceremony, hosted by a British medium-term note information provider, the bank said on Monday.
The mtn-i award recognizes leading issuers and dealers of private placement and structured products throughout the Asia-Pacific Region. Korea Eximbank was the sole Korean financial institution to be awarded this year, the state-run bank said.
Korea Eximbank said it won honors in three sectors: investor solution, landmark deal and institutional performance.
“The mtn-i presented the awarded in recognition of Eximbank’s successful issuance of the Brazilian real-U.S. dollar linked notes and Czech koruna notes amid rising unpredictability in the global financial market,” the Korean bank said in a statement.
The bank has won awards from mtn for three consecutive years, receiving the Korea Public Sector mtn Issuer Award in 2011 and the Regional FX Funding Pioneer Award in 2012.
“The award is a great opportunity for us to promote the Eximbank notes in the overseas private placement market,” the bank said in a statement.
The mtn-i award will have a positive influence on attracting more international investors to Korean financial instruments, the bank added.
The award ceremony was held in Hong Kong on Oct. 17, in the presence of financial tycoons from leading financial institutions operating in the Asia-Pacific region, including HSBC, Standard Chartered, Bank of America Merrill Lynch, the Royal Bank of Scotland, the China Development Bank, Nomura and the National Bank of Abu Dhabi.
Launched in 2001, mtn-i has hosted the award ceremony to recognize market leaders as the most relevant source of new issue information and longer-term trend analysis.
By Chung Joo-won (email@example.com