ASEAN-Korea Financial Cooperation Centre

Objectives

• The ASEAN-Korea Financial Cooperation Centre was established to support local finance and economic development through financial sector cooperation with ASEAN and to strengthen economic cooperation through investment and trade promotion with ASEAN.

Major Functions

• It serves as a base to support our financial companies to enter the market
  • Understanding the entry status of Korean financial companies and managing networks in the ASEAN financial sector
  • Identifying the risks in ASEAN financial sector
  • Supporting korean financial companies to enter into ASEAN market smoothly and resolving uncertainties in ASEAN regions

• It supports small and medium-sized venture companies entering ASEAN by resolving financial difficulties
  • Establishing the foundation for direct supply of policy financing for small and medium-sized enterprises(SMEs) entering ASEAN
  • Customizing its support at each entry stage of SMEs entering ASEAN
  • Listening and resolving difficulties on SMEs entering ASEAN

• It helps to train experts in finance and small and medium-sized venture companies of ASEAN
  • Operating a program to foster experts in policy financing and SMEs support
  • Training and consulting to strengthen capabilities in the field of capital market, payment system and deposit protection
  • Disseminating systems of diagnosis, evaluation and post management on policy funding

• It supports the expansion of financial infrastructure of ASEAN
  • Supporting the establishment of a deposit insurance payment system
  • Supporting the development of a securities deposit platform and the introduction of a fund management system
  • Supporting financial infrastructure projects for transforming into the digital economy
  • Consulting on the introduction of open banking system