616 views

UOB signs MOU with Korean Housing Finance Corp

UOB will support KHFC’s bid to expand in Southeast Asia.

UOB has signed a memorandum of understanding (MOU) with the Korean Housing Finance Corporation (KHFC) to help expand the Korean financial company’s footprint across Southeast Asia.
 
UOB’s cooperation with KHFC, a Korean state-owned financial company, covers three main areas: investment banking, environmental, social and governance (ESG) financing and treasury services. 
 
For capital markets and investment banking activities, UOB and KHFC will cooperate in issuing regular bonds and covered bonds. UOB will support KHFC in expanding the investor base for its mortgage-backed securities (MBS) under the bank’s ESG-related financing frameworks.
 
UOB will also provide KHFC with treasury services such as derivatives transactions for hedging foreign exchange risk, and cash management services. 
 
UOB will offer cash management services to KHFC’s Singapore branch office–KHFC’s first overseas venture– for its daily operations and to support the branch in managing capital flows from KHFC’s headquarters in Korea. 

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.