Exim Bank wastes 30.1 bln won by fixing commission rate for FX bond issuance: state auditor
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Source: South Korea
Published: 2026-08-18 14:30 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Asia, South Korea, Economy & Finance, Trade & Sanctions, Business & Economy, Asia Pacific
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Snippet:
SEOUL, Aug. 18 (Yonhap) -- The Export-Import Bank of Korea (Exim Bank) wasted up to 30.1 billion won (US$21.3 million) by fixing the rate of commission paid to investment banks when issuing foreign currency bonds, the state audit agency said Tuesday.
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