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Posted : 2021-04-05 16:59 Updated : 2021-04-05 17:48 Export-Import Bank of Korea Chairman and President Bang Moon-kyu and Hyundai Motor CEO Chang Jae-hoon pose at the bank s headquarters on Yeouido, Seoul, April 1, after signing a memorandum of understanding (MOU) to offer 3 trillion won ($2.66 billion) for the carmaker to successfully cope with automotive trends. Courtesy of Export-Import Bank of Korea By Yi Whan-woo The Export-Import Bank of Korea (Eximbank) signed a 3 trillion won ($2.66 billion) program with Hyundai Motor Group in support of Korea s top carmaker to take the lead in the global transition toward smart and eco-friendly cars. The state-run policy lender said Monday a memorandum of understanding (MOU) was signed last week between Eximbank Chairman and President Bang Moon-kyu and Hyundai Motor CEO Chang Jae-hoon.

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