Search result for Citibank Korea
CITIBANK KOREA POSTPONES EXIT PLAN AGAIN
HIGHLIGHTS
- Citibank Korea has postponed its decision on exit plan for the second time.
- Citibank was earlier planning to stop its retail business operations in South Korea.
- Citibank apparently failed to agree on sales terms with potential bu...
“KIKO” - CITIBANK KOREA AND KDB WON’T ACCOMMODATE FSS’ DECISION
Highlight –
- KIKO or knock-in – knock out contracts, Citibank Korea and Korea Development Bank rejects FSS’ decision
- Earlier FSS had advised commercial banks to pay indemnities
- Citibank Korea’s share was to com...