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KHFC and MHFC Sign MOU

  • Date 2007-12-14
  • Views 1,332

  KHFC and MHFC Sign MOU


  Ryu Jae-han, the CEO of KHFC visited Ulan Bator, the capital of Mongolia, and signed an MOU on business cooperation with Mongolia Housing Finance Corporation (MHFC).


  On the afternoon of 28th, the second day of his visit, CEO Ryu and the CEO of MHFC officially signed an MOU at the press room of the Mongolian Stock Exchange.


  KHFC will transfer know-how on product development and MBS issuance techniques to promote the housing finance market in Mongolia and provide MHFC with techniques of housing credit guarantees and risk management orientated toward low- and middle-income households.


  In addition, the two housing corporations plan to set up a Joint Consultative Council for continued exchanges and business cooperation, including sharing information on housing finance market trends in Korea and Mongolia.