The Korea Banking Institute held the 『Seminar on Financial Development in Asia and Korea』 for high-level officials in Asia starting from Nov 5 to 9, 2018.
Organized by the Ministry of Strategy and Finance and KBI, twenty-two high-level officials from nine ASEAN member countries (Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Thailand and Vietnam) and six Central Asian countries (Mongolia, Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan) participated in the seminar.
This five days 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』, 『Global Financial Trends and Korea's Credit Cycle Experience』, 『A new future in finance for SMEs』. 『Digital Disruption in Banking』, 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.