Bank of Korea Entrusted KIC with $5 Billion in 2016

Posted on 01/19/2017


In a show of confidence, the Bank of Korea, the country’s central bank, had allocated US$ 5 billion to the Korea Investment Corporation (KIC) to manage back in 2016. The last time the Bank of Korea did this was in 2011 when it entrusted the wealth fund with US$ 3 billion. No money came from […]