Tuesday, February 14, 2017

KB Financial Group yunjonggyu president, global expansion paid off in Laos



[Korea sinyuncheol financial newspaper reporter] KB Financial Group, the result of (President yunjonggyu) non-bank affiliates global expansion have emerged in Laos. Yunjonggyu president of a subsidiary of KB Capital is the majority shareholder of "KB collaborated Duck Singh (KB KOLAO Leasing)" chulbeomsik attended the occasion with the Lao government and regulatory agencies in key personnel interviews, and the newly launched that KB collaborated Duck Singh on for support and Laos of the economy has contributed discuss the development.

KB Financial Group to begin with the meeting 12 days in Laos President "bunnyang behold cheat" yunjonggyu president, 13 prime agency "somdi two angdi," Secretary of Commerce "Cam Mani Po Senna" and the central bank governor, "Hands Boys sitpa Boys" etc. balhimyeonseo said he had successive meetings with major high-ranking personnel, there was a glimpse of it through high interest and expectation for the government of Laos Laos advance of KB financial group.

In the meeting with the president and prime minister Agency, the Lao government officials of South Korea companies, including KB Financial Group for "KB and financial groups actively welcome to Laos advance of five years the 8th economic development is being promoted by the current Lao government plans and requests the active participation and investment, "he said. Yunjonggyu Chairman responded that this was "KB collaborated Duck through this business with express thanks for the approval Singh business will strive to contribute significantly to the Lao economy and finance industry."

Subsequent "Hands Boys sitpa Boys" at the meeting place of the Lao central bank governor, yunjonggyu said: "Despite the unstable global economic situation and pays tribute to the Lao economic development that shows the band 7% higher economic growth," said, "KB rich experience in the industrial equipment leasing part of the capital will have to be a big help to SMEs growth of Laos, "he said. In Sy Hand vice "of KB Investment will be of great assistance to Laos SMEs and economic development, and asked the KB continued investment in the future," he said.

KB collaborated Duck Singh chulbeomsik conducted in 13 days afternoon, including yunjonggyu KB Financial Group Chairman Na Ko Lao Chairman, somdi two angdi Lao Prime Minister acting, hand Psy sitpa Boys central bank governor, yunganghyeon shares Laos Korea Ambassador, bakjiwoo KB Capital CEO , Jae Hong Park, KB financial Group Managing Director (CGSO), KB Kookmin card Business byeonseongsu was held among such personnel abroad to attend one of about 200 people.

KB collaborated Duck Singh KB Capital and KB Kookmin Card Laos representative Han Sang (韩 商) company, nose Rao (KOLAO) in collaboration with the form (capital 51%, cards 29%, Koh Lao 20%) as established by the lease company, KB financial group entered into a full-fledged daneunde the Lao financial markets around the auto financing has its meaning.

KB collaborated Duck Singh inaugurated the connection, yunjonggyu president "KB collaborated Duck Singh, KB Financial Group in subsidiaries collaboration between the through overseas expansion of representative examples, the Lao car sales top nose Lao group of solid network by utilizing early on saying is expected to stabilize the business in Laos with high economic growth potential and hope KB collaborated duck Singh can be positioned as a successful model overseas in the group, "he said.



KB Financial Group official said, "KB collaborated Duck Singh was the first co-Lao group is expected to provide financing for a new car that circulated in Laos market, but business is to expand the market, such as used car financing market when stabilized." in addition, he said "KB collaborated duck Singh plans to pursue global management experience and a global workforce Pool of non-banking subsidiaries acquired through business step by step expansion of the nearby Southeast Asian financing markets, such as the future, Indonesia, Vietnam and Cambodia on." .





Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com