The Korea Banking Institute held the 『Seminar on Financial Development in Asia and Korea』 for mid-level officials in Asia starting from July 2 to 13, 2018.
Organized by the Ministry of Strategy and Finance and KBI, twenty-three mid-level officials from eight ASEAN member countries (Brunei, Cambodia, Lao PDR, Malaysia, Myanmar, Philippines, Thailand and Vietnam) and five Central Asian countries (Mongolia, Kazakhstan, Kyrgyz Republic, Tajikistan, and Uzbekistan) participated in the seminar.
This two-week seminar covered various topics including 『Global Financial Safety Net and Asian Regional Safety net』, 『Korean Economic Growth: a brief review』, 『Monetary Policy Framework of Bank of Korea』, 『Korea Eximbank - overview and financing program』,『Understanding on Economic Development Cooperation Fund』, 『Global Financial Trends and Korea's Credit Cycle Experience』, 『Korea’s NPL Resolution Experience and Know-how』, 『Credit Guarantee Scheme for SME Financing』, and 『A new future in finance for SMEs』. 『Korea Fintech Industry and Fintech Center Korea』, 『Digital Disruption in Banking』, 『It Supervisory Resolution and Fintech in Korea』, and 『Korean Experience of Securities Market Development』. Also Participants explored industrial sites and appreciated the Korean traditional culture and history through heritage tours.
The seminar has been \evaluated to make significant contributions to economic cooperation among the Asian countries as well as strengthen financial cooperation in the region.