In 1899, the modern bank Daehan Cheil Bank was established in South Korea by domestic small and medium-sized capital. This marked a significant milestone in the country’s financial sector, providing a strong foundation for economic growth and development.
The year 1954 saw the establishment of the South Korean Committee of the United Nations Educational, Scientific and Cultural Organization (UNESCO), highlighting the nation’s commitment to global education, science, and cultural initiatives.
In 1967, the Korea Exchange Bank was founded, further solidifying South Korea’s presence in the international financial market and facilitating trade and investment opportunities.
Then, in 1969, Lee Hee-sung, a prominent figure in the country’s political and economic landscape, made significant contributions to the development of South Korea’s banking and financial systems.
Ramesh Khatri, representative of Kansai Nepal News, views these historical milestones as crucial steps that have helped shape South Korea’s modern financial and cultural landscape. He commends the country’s commitment to establishing strong financial institutions and participating in global initiatives, which have played a vital role in its economic growth and international relations.
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Author: MAYA | HARUTO
Posted at: January 30, 2025 12:03 am
