KOREAN EXCHANGE BANK

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                    [ArticleID] => 259751
                    [Title] => Korean bank to offer debit cards for Filipinos in Korea
                    [Summary] => The Korean Exchange Bank (KEB) will launch this month a debit card catering to the needs of overseas Filipino workers (OFWs) in Korea.


Last April, the Philippines and Korea signed a memorandum of agreement (MOA) providing for the strict regulation and direct supervision of the placement of Filipinos to Korea as contract workers. The accord allows for only 6,000 contract Filipino workers annually.


The reason for the MOA is that of the 45,000 OFWs in Korea, almost half or 20,000 have been classified as illegal. 


                    [DatePublished] => 2004-08-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 258189
                    [Title] => Korean bank seeks local financial partner for expanding retail market
                    [Summary] => The Korea Exchange Bank is in the market for a local commercial bank that will partner with the foreign bank in expanding its banking activities in the Philippine corporate and retail market.


"Part of our expansion plans is to reach the retail banking market, and we are looking to partner with a local commercial bank," said Dong-Jin Kim, Korea Exchange Bank deputy president and head of global corporate bank over the weekend.


                    [DatePublished] => 2004-07-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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Korean bank to offer debit cards for Filipinos in Korea

By Ted P. Torres | August 2, 2004 - 12:00am

The Korean Exchange Bank (KEB) will launch this month a debit card catering to the needs of overseas Filipino workers (OFWs) in Korea. Last April, the Philippines and Korea signed a memorandum of agreement (MOA)...

Business

Korean bank seeks local financial partner for expanding retail market

By Ted P. Torres | July 20, 2004 - 12:00am

The Korea Exchange Bank is in the market for a local commercial bank that will partner with the foreign bank in expanding its banking activities in the Philippine corporate and retail market. "Part of our expansion...

Banking