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FINANCE COMPANIES OF SOUTH KOREA TO SUPPORT CAPITAL BASE

Published On 16 Mar 2020 09:39 AM


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Highlights –

  • Four major financial holding companies to shore up their capital base
  • Hana Financial Group plans to issue $407 million worth hybrid bonds
  • Woori Financial Group raised $571 million worth bonds
  • Shinhan Bank issued hybrid bonds worth $236 million to boost capital

Financial firms fear that their balance sheet may be ruined by the possible rate ....


Tags : SOUTH KOREA, FINANCIAL FIRMS, SUPPORT CAPITAL MARKET, ISSUE BONDS,
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