The Korea Herald


Korea Eximbank awarded for high-end fund-raising

By Kim Yon-se

Published : Jan. 14, 2014 - 19:44

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The Export-Import Bank of Korea said Tuesday that it was recognized by a global financial magazine for its developed skills in fundraising.

The Asset, a leading financial monthly in Asia, has picked state-run Korea Eximbank as “Issuer of the Year,” “Quasi-Sovereign Bond” and “The Best Deal in Korea.”

Eximbank spokespeople estimated that The Asset highly appraised the agency’s innovative financial skills despite mounting uncertainties from the U.S. economic policymakers’ action to taper its quantitative easing.

Its competitors and other segment winners involved major lenders with noteworthy financial soundness in the Asia-Pacific region.

“Our bank won several sectors in the Asset awards in 2004, 2007 and 2009,” a spokesman said. “We will continue to push for diversifying raising markets and search for new investors.”