CKI and KOTRA sign the MOU on bilateral cooperation for global middle market enterprises
The MOU conclusion between CKI and KOTRA has been proceeded with as the follow-up measure of the government’s Comprehensive Plans for High Potential Enterprises dated Aug. 9 after the launch of the High Potential Enterprise Bureau at the Ministry of Knowledge Economy in May 2012. KOTRA has operated the World Champ services aimed at supporting the overseas marketing of the middle market companies. Bilateral cooperation between KOTRA and CKI lays the foundation to provide the overseas financial services to the middle market enterprises that plan to enter the overseas market and the World Champ companies, as the enterprises have had difficulties in using efficient financial services at the overseas markets.
Based on the MOU with KOTRA, CKI plans to provide and expand its global financial services for the high potential enterprises by utilizing the global network. For example, when a Korean company plans to establish an overseas subsidiary and receive a loan overseas, overseas Citibank can avail the loan to the overseas entity.
KOTRA (President Young-Ho Oh) said, “We are concentrating all the capabilities for the growth of the global middle market companies via overseas marketing, investment in the overseas market and attraction of investment, etc. If necessary, we will play the role as the coordinator that provides the comprehensive one-stop services in the globalization of high potential enterprises by expanding the overseas and local networks continuously.”
CEO YK Ha of CKI attended the MOU signing ceremony and said, “The MOU with KOTRA will be the opportunities for CKI to provide full support to the middle market companies operating the global business by using the strong global network and product services of Citibank.”
Though the conclusion of the MOU, the middle market enterprises that are the backbone of the Korean economic growth can utilize the core capacity of CKI and KOTRA as the platform of the global business operation.
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5월 16일 16:15