Investment Policy Monitor
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
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Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
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- Korea, Republic of - Korean Government sells its 29.7% stake in Woori Bank
Korea, Republic of
Korean Government sells its 29.7% stake in Woori Bank
13 Nov 2016On 13 November 2016, the Financial Services Commission has chosen seven successful bidders, including Chinese-owned Tong Yang Life Insurance Co., to buy a combined 29.7 per cent stake (about KRW 2.4 trillion) in the state-owned Woori Bank on its fifth attempt to privatize the bank since 2010. The success of the latest auction will reduce the stake of the state-run Korea Deposit Insurance Corp. (KDIC) from 51.1 per cent to 21.4 per cent. This sale marks the completion of the first stage of privatizing the Woori Bank and the Government is committed to continue its effort to sell the remaining share in the bank.
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Type:
- Entry and establishment (Ownership and control)
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Industry:
- Services (Financial and insurance activities)
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Sources:
- Financial Services Commission, SEVEN INVESTORS WERE PICKED TO BUY GOVERNMENT’S STAKE IN WOORI BANK, file:///C:/Local%20Folder/Downloads/161113_Privatization%20of%20Woori%20Bank(0).pdf, 13 Nov 2016
- The Korea Times, Privatizing Woori Bank, http://www.koreatimes.co.kr/www/news/opinon/2016/11/202_218159.html, 14 Nov 2016
- The Wall Street Journal, South Korea Government Sells $2.1 Billion Stake in Woori Bank, http://www.wsj.com/articles/south-korea-government-sells-2-1-billion-stake-in-woori-bank-1479030047, 13 Nov 2016
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.